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!
The target company imports brass lamps from chine. Weekly demand at target's distribution center for lamps is normally distributed with an average of 40000 and a standard deviation of 1200. Each lamp costs $100. Target incurs a holding cost rate of 10$ per year to carry inventory. Each order shipped from china incurs a fixed cost of $40,000 for transportation and distribution costs. To keep calculations easy, assume that a year has 50 weeks.
1. What is the economic order quantity of lamps for the distribution center?
2. If the delivery lead time from China is 4 weeks and Target wants to provide its customers a cycle service level of 95%, how much safety stock should it carry? What major assumption is needed to answer this question? ("z-value" for 95 % service level is 1.65)
3. Fastship is a new shipping company that promises to reduce the delivery lead time for lamps from 4 weeks to 1 week using faster shipping and expedited customs clearance Using Fastship will add $1 to the transportation cost of each lamp compared to the current approach (The fixed transportation and distribution cost of $40,000 per order will not change.) Should Target use Fastship? Why or why not? Quantify the impact of the change
4. Suppose Target decided not to use Fastship. It has 8 distribution centers each of which has the characteristics in part (a). What would be the impact of target centralizing the 9 DCs into one.
Discuss the use of technology licensing as a primary revenue driver in an entrepreneurial enterprise. Are there any public companies (other than Tessera, which had an IPO in 2003) that rely on licensing as their principal revenue source? What are som..
In a recent job interview a company representative described their operation as "far more organic than mechanistic," which left you largely confused. You have always wanted to work for a company that considers the professional development of employee..
you are the manager of the production department and the project manager will come from your group. this will be a
Name and describe the five pillars of total quality management as used in operations management
The Freedom of Information Act provides public access to all federal agency records except for those records (or portions of those records) that are protected from disclosure by any of nine exemptions or three exclusions( reasons for which an agency ..
Develop your small acquisition project schedule using MS Project (tasks, predecessors, duration, and resources assigned).
Superior Company draws a check payable to Ted. Uri makes a note payable to Vital Finance Corporation.
Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices, refurbish the old equipment at a cost of $800.
What is the economic quantity for Ben to order? (Round your answer to the nearest whole number.) At what inventory level should he place an order? (Round your answer to the nearest whole number.)
What questions do you have about APA format and style? Where might you search for answers to these questions? What steps will you take to ensure that the work you submit meets APA format and style expectations? (This response does not require researc..
Ethical Issues in the News on Ethical R... Module 3 - Ethical Issues in the News on Ethical Relativism or Myself or Others. Search for a current (no more than two months old) news story (article, other piece of writing, or video clip) that examines a..
Sales of quilt covers at Bud Banis’s department store in Carbondale over the past year are shown below. Management prepared a forecast using a combination of exponential smoothing and its collective judgment for the 4 months (March, April, May, and J..
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