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As the head of a tire shop it is your responsibility to minimize the cost of inventory for thes hop. You decide to focus on one brand of costly tire that costs you $90 per unit. To maintain the tire in the shop, you incur a cost of 25% of the tire price per year. By examining the past store data, you find that the store sold 1,200 units of this tire last year. The tire supplier takes 4 days to send the shipment to you once you have placed an order with him. Usually the store is open 365 days a year.. you have figured out that placing a single order costs you $110. Use the data given to answer questions below.
1. Suppose that things have become uncertain and the customer demand is no longer constant. Customer demand is now normally distributed with a standard deviation of 0.5 units per day. Supply source is very reliable and the lead time is same as before. Find out the a) safety stock @ 90 % and b) inventory carrying cost at 90% customer service level.
2. Suppose the supplier offers you a discount if you buy more than 120 units in a single order. If you buy more than 120 units you pay $65 per unit would you take the offer? Why not?
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PepsiCo’s Diversification Strategy in 2014 Case 21 BSG. What is PepsiCo’s corporate Strategy? Briefly identify the business strategies that PepsiCo is using in each of its Consumer business Segments in 2014. What is your assessment of the long-term a..
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assessment 1 ndash assignment - case studyaims this activity is a platform to sharpen and demonstrate your knowledge
1.what is a project?nbsp how does project management differ from other types of management?nbsp what does a project
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