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High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse. Customer orders are placed, the order is picked and packaged, and then shipped to the customer. A fixed order quantity inventory control system helps monitor and control these SKUs. The following information is for one of the calculators that they stock, sell, and ship.Average demand 12.5 calculators per weekLead time 3 weeksOrder cost $20/orderUnit Cost $8.00Carrying Change rate .15Number of weeks 52 weeks per yearStandard Deviation of weekly demand 3.75 calculatorsSKU service level 90 percentSchedule receipts 20 calculatorsBackorders 2 calculatorsCurrent on-hand inventory 35 calcutors
What is the EOQ.What is the total annual order and inventory holding costs for the EOQ.What is the reorder point without safety stock. What is the reorder with safety stock.
you will need to name the type of company you will be creating a plan for and the basic information on that company
The supplier would like to deliver sweatshirts once a week. Explain how much will this price the Co-op per yr. Under illustrate what conditions would you agree to the supplier's proposal.
Illustrate what is the minimum-price order quantity for the shoes. Illustrate what are the annual savings of your inventory policy over the policy presently used.
The Cardinal Electronics Company must project the sales of cellular phones for the next year (called year 2). The number of cell phones sold by Cardinal Electronics in each of the past 6 months.
Describe how should we define "fair" compensation. Elucidate what tests/procedures would you recommend to an organization to determine whether the ways in which they compensate employees is "fair".
Most organizations have or need to formulate a growth strategy. What are the different ways to do so? Provide specific examples of companies that have utilized these different ways.
Describe elements of the Toyota Production System (objectives, process, outcomes). Describe how sharpen the saw is applied in the Toyota Production System (objectives, process, outcomes)
Customers arrive at a fast food restaurant with one server at a mean rate of 30 per hour. The server has just resigned, and the two candidates for the replacement are X (fast but expensive) and Y (slow but inexpensive).
how to compare and contrast the roles and responsibilities of the HRM department and the line departments in respect of the following fuctions
you are very enthusiastic about the oppoertunity to be a leading captain of industry and the associated power, prestige, and income.( you expect your salary, bouns, and stock option to double next year)
What is the difference between a stock dividend and a stock split? As a stockholder, would you prefer to see your company declares a 100 percent stock dividend or two-for-one split?
how much will his long term average satisfaction be? For Steve, what amount (in nearest whole $) would give him the same satifaction equal to the previous question?
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