Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Consider a cruise liner provisioning a certain consumable item for her next trip. In the first stage, the cruise liner procures from the home port region right before the start of the trip. The unit cost for the item at home port is c1. The trip duration is T days. From the provisioning stand point, the trip is completed in two legs. At the end of the first leg, which takes t1 days, the cruise liner arrives at her port-of-call (midpoint). This is when she has a chance to replenish her inventory for this item. The unit cost at this location is c2, where c2 > c1. In the second leg, which takes t2 days, the liner goes back to the home port to complete her voyage. Clearly, T = t1 + t2. The daily demand for this item during the cruise follows a normal distribution with a mean of µ and a standard deviation of σ. The demand across days are assumed to be independent. Stock-out cost for the liner is p per unit. Any excess inventory at the end of the trip costs h per unit for landing and salvaging. Let y1 and y2 denote the replenishment amounts at home port and port-of-call respectively. Compute the optimal replenishment policy that minimizes the cruise liner’s expected cost.
For this assignment, you must submit a memo consisting of 900-1,300 words in which you discuss your experience using the 3 decision-making models.
Research the pros and cons of using safety incentives and recognition programs. Base your research and response on the following criteria- What is a safety incentive/rewards/recognition program
An assembly line currently has five workstations and the time required for each is shown below 1. 42sec 2. 49 sec. 3. 32 sec. 4. 47 sec. 5. 42 sec. What is the efficiency process? What are three factors that affect capacity utilization? Provide examp..
what is a good recommendation for BJB manufacturing company quality management initiative proposal.
A local bank considers itself a full-service bank. They offer a number of products and services to individual customers, businesses, trusts, and credit card users. What steps should the bank managers take to benchmark? What should they benchmark?
What potential cost saving advantages might firms experience using outsourcing?
What is the relationship between business ethics and the law? What are the main determinants of business ethics? What is organizational behavior and how does it affect the way members of the workforce behave? What is the role of management in organiz..
Jim Jones is attempting to monitor a filling process that has an overall average of 705 cc. The average range is 6 cc. If you use a sample size of 10, what are the upper and lower control limits for the mean and range?
What cycle time would match capacity and demand if demand is 110 units a day, there are two shifts of 383 minutes each, and workers are given three half-hour breaks during each shift
So how will you as the project manager use this information to ensure project success at completion? Will you be successful? What might get in your way? Does it matter where you are in the project timeline?
Due to a down-turn in the economy, your company has been experiencing financial losses in revenue. You have been asked to put together a team that will find 3-5 low-cost or no-cost ways to resource costs by 25% for your company's main product line.
A company is 39% financed by risk-free debt. The interest rate is 10%, the expected market risk premium is 8%, and the beta of the company’s common stock is 0.60. What is the company cost of capital? What is the after-tax WACC, assuming that the comp..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd