Reference no: EM131061719
Sam's Cat Hotel operates 52 weeks per year, 6 days per week, and uses a continuous reviewinventory system. It purchases kitty litter for $11.70 per bag. The following information isavailable about these bags.
Demand =90 bags/week
Order cost = $54/order
Annual holding cost = 27 percent of cost
Desired cycle-service level= 80 percent
Lead time = 3 weeks (10 working days)
Standard deviation of weekly demand 15 bags
Current on-hand inventory is 320 bags, with no open orders or backorders
a. What is the EOQ? What would be the average time between orders (in weeks)?
b. What should R be?
c. An inventory withdrawal of 10 bags was just made is it time to reorder?
d. The store currently uses a lot size of 500 bags (i.e., Q = 500). What is the annual holding costof this policy? Annual ordering cost? Without calculating the EOQ, how can you conclude fromthese two calculations that the current lot size is too large?
e. What would be the annual cost saved by shifting from the 500-bag lot size to the EOQ?
In undue influence-the consent is obtained by
: 1. In Undue Influence, the consent is obtained by: 2. In which of the following conditions, the contract is voidable?
|
Perform the mann-whitney u-test on the two groups of data
: MAT5212 BIOSTATISTICS ASSIGNMENT. Perform the Mann-Whitney U-test on the two groups of data and see if the difference in the median values is significant at a 5% and 1% level
|
Nwa financial statements
: NWA's Financial Statements contain the following information: Cash $300,000 Accounts Payable $500,000 Accounts Receivable $650,000 Accrued Expenses $150,000 Inventory $800,000 Long Term Debt $1,000,000 Marketable Securities $100,000 Required:
|
Concrete masonry corporation
: What are the Positives from the Concrete Masonry Corporation that can be applied in Project Management.
|
Continuous reviewinventory system
: Sam's Cat Hotel operates 52 weeks per year, 6 days per week, and uses a continuous reviewinventory system. It purchases kitty litter for $11.70 per bag. The following information isavailable about these bags.
|
Discuss specific changes in supply and demand
: Evaluate the actions of the federal government and the Federal Reserve to restore equilibrium. How effective were these counter-cyclical policies?
|
What factors do you think might make the testimony
: Imagine a case is going to court and the only eye witness is a young child. Based on the information from this unit's Readings, do you think the testimony of a young child should be admissible in a court of law? What factors do you think might mak..
|
Recommend purchases or changes in the company
: Managers use ________ proposals to justify or recommend purchases or changes in the company. Examples: installing a new computer, introducing telecommuting, or other flexible work schedules.
|
Write a report for the directors of jp drew
: MN7542 - Financial Modelling - Determine how this information can be used to shed light on the impact of ownership structure on company performance and write a report for the Directors of JP Drew which addresses these issues.
|