How much should order in each replenishment lot

Assignment Help Operation Management
Reference no: EM131114697

Dominic’s supermarket chain sells Nut Flakes, a popular cereal manufactured by the Tastee cereal company. Demand for Nut Flakes is 1,000 boxes per week. Dominick’s has a holding cost of 25 percent and incurs a fixed trucking cost of $200 for each replenishment order it places with Tastee. Given that Tastee normally charges $2 per box of Nut Flakes, how much should Dominick’s order in each replenishment lot?

Reference no: EM131114697

Questions Cloud

Design is strategic to firms operating in competitive : Please discuss why process design is strategic to firms operating in competitive and uncertain industries. How the transformation phase of OM generates unique value relevant to sustainable competitive advantage.
Applications of porter low cost : Are there generic global strategies? For example, applications of Porter's low cost, differentiation and focus strategies?
Write about production economics and decisions : Write about Production Economics and Decisions. Please respond to the following 9 items. While these videos are diverse, the managerial economist should have these in their scope of the field of production economics and decisions that are made.
Scorecard presents managers with different perspectives : The Balanced Scorecard presents managers with different perspectives from which to choose measures. It complements traditional financial indicators with measures of performance for customers, internal processes, and innovation and improvement activit..
How much should order in each replenishment lot : Dominic’s supermarket chain sells Nut Flakes, a popular cereal manufactured by the Tastee cereal company. Demand for Nut Flakes is 1,000 boxes per week. Dominick’s has a holding cost of 25 percent and incurs a fixed trucking cost of $200 for each rep..
Explain the market structures and cost management : Explain the Market Structures and Cost Management. Managerial Economist awareness of consequences of Wealth Inequality across different states in U.S., across Canada, and across World.
What are their strongest legal arguments : Drive-In Don’s fast food restaurant sells the most delicious burgers in town at the most affordable price. Elementary and high schools in the vicinity have contracted with the restaurant to serve burgers during lunch hour. What are their strongest le..
Constant process in most companies : Developing new offerings is a constant process in most companies. In some instances, a company starts with a price and then develops products and services to fit that price. IKEA is an example of a company that does this. What does IKEA do in orde..
How does movie compare to our wall street big bankers today : A movie you will never forget-a true "classic"--managerial economics ethical or not/ including banking- a historical perspective. This film is all based on fact. It happened like you see it. How does this compare to our Wall Street big bankers tod..

Reviews

Write a Review

Operation Management Questions & Answers

  States exclusive power to regulate interstate commerce

The Commerce Claus of the US Constitution gives states exclusive power to regulate interstate commerce (commerce among the states). Intermediate scrutiny is a more lenient level of scrutiny than rational basis. Which of the following prohibits the fe..

  Legally required to pay the additional amount

Jim Bowie owns a lot in Starr County and wants to build a house according to a certain set of plans and specifications. He solicits bids from three building contractors as follows: George Kimbell bids $ 175,000; Green Jameson bids $170,000; and, Davy..

  Illustrate what quantities of h also w will maximize profit

There are 600 fabrication hours also 480 hours of assembly time available this week. Each H contributes $40 to profits; also each W contributes $30 to profits. Illustrate what quantities of H also W will maximize profits. Use the objective functio..

  Economic order quantity and annual order and carrying cost

A manufacturer buys cardboard boxes from a supplier. The annual demand is 36000 boxes and is uniformly distributed. The boxes cost $4 each. The estimated order cost is $6, and the carrying cost rate is 30% per year. how many times a year are orders p..

  Explain the potential sources of conflict in organizations

Identify and explain the potential sources of conflict in organizations and ways to resolve the conflict.

  Assignment on communications challenges

Develop suggestions and methods for bridging the gaps and working effectively. Should be at least 2 pargraphs long and provide at least 1 challenge and 1 solution.

  What is the future worth of total revenue at the end

What is the future worth of total revenue at the end of 3 years in actual dollars if the real interest rate is 2% per year and the average rate of inflation is 11.25% per year?

  Describe the effects that labor shortages of key personnel

As an administrator, describe the effects that labor shortages of key personnel and rising costs of labor have on profitability. How would you determine how to allocate your money? Be sure to think critically about the impact that quality outcomes an..

  Which statement is not correct regarding the

1 which statement is not correct about the business-government-society interdependence?a. most business actions impact

  What are the specific aspects of anticipatory logistics

What are the specific aspects of anticipatory logistics that fit or don't fit with the corporate world? You should have 3-4 pages of written text plus a cover sheet and reference page. Annotate your sources of information appropriately on your ref..

  Employee wellness program and divorce court counseling

Jan recently noticed that Paul has not been performing up to his normal standards. After talking with him, Jan found out that he is going through a bitter divorce. What kind of service did Jan refer Paul to? Employee wellness program (EWP) Divorce co..

  Explain how you perceive personality an employee''s

Explain how you perceive personality, values, and attitudes contribute to an employee's satisfaction. Include support from your reading and research.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd