+1-415-670-9189
info@expertsmind.com
What is the optimal number of orders per year
Course:- Operation Management
Reference No.:- EM131030167




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Operation Management

A1 Kitchens, Inc., installs kitchen cabinets, coun- tertops, and floors. A1 uses 30,000 tubes of caulk per year (assume 50 weeks per year) in the instal- lation process. The order cost is $24 per order, and the holding cost is $0.25 per tube of caulk. The lead time for an order is 1 week, and the standard deviation of demand is 25 tubes per week.

a. What is A1’s optimal order quantity?

b. What is the optimal number of orders per year?

c. What is the reorder point if A1 desires a cycle- service level of 50 percent?

d. What value of z should be used if A1 wishes to achieve a cycle-service level of 94 percent?

e. What should the reorder point be?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Operation Management) Materials
Sonnie's Gourmet Sandwich Cafe, a popular new fast casual restaurant, serves high-quality, made-to-order sandwiches. Located in a local outdoor shopping center, parking in fro
Give some examples of situations in which you wanted to do a good job but were prevented from doing so. What was the impact on you, and what would this suggest to you in your
Identify an additional CM software tool, not already covered or addressed in this chapter or these chapter notes and accompanying PowerPoint files. Please write a brief (not t
An agent is not personally liable on a properly execute contract that is made for a disclosed principal fi the agent has actual authority. An agent is not personally liable on
Suppose that I invite you over next Saturday to a catfish and hush dinner, and you agree to come. You arrive next Saturday, only to find I’ve left town. a. Do you have a contr
What does a business have to consider when trying to follow a cost leadership strategy and a differentiation strategy simultaneously? What are the risks associated with compet
A quick service restaurant is considering changing the number of process steps necessary in assembling a burger. Currently the assembly process requires four steps, each of wh
Do you feel comfortable being around people with disabilities? Should organizations make special efforts to hire individuals who are disabled? Are organizations that hire work