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Southwestern Bell socks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,000 units. Southeastern estimates its annual holding cost for this item to be $25 per unit. The cost to place and process an order from the supplier is $75 The company operates $300 days per year, and the lead time to receive an order from the supplier is 2 working days. A) Find the economic order quantity b) Find the Annual Holding cost c) Find the annual ordering costs d) what is the reorder point?
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Calculate Cpk for the salesperson's machine. Enter your answer two decimal places.
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Automobiles arrive at a drive through window at a post office at the rate of 4 every 10 mins. The average service time is 2 mins. The poisson distribution is appropriate for the arrival rate and service times are exponentially distributed.
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Two workers have the job of placing plastic labels on packages before the packages are shipped out. The first worker can place 1,200 labels in 25 minutes. The second worker can place 800 labels in 30 minutes. Which worker is more productive? (Round a..
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