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Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4000 units and ordering cost = $15 per order. Assume that there are 50 weeks in the work year and 5 working days per week. The lead-time for the product is 2 weeks. The EOQ is:
If 200 units are ordered each time, then what will be the total annual holding cost?
If 200 units are ordered each time, how many orders will be placed in a year?
If 160 units are ordered each time, then the time between orders (in working days) is
If 200 are ordered each time, then what will be the total annual order cost?
assume no safety stock or service level requirement. In order not to run out of stock before the receipt of a new order, at what inventory level should the firm place an order? That is, what is the reorder point equal to?
A senior MIS design class project team has developed the following schedule of activities for their project, using their best estimate of completion times.
With the information he had at the time, illustrate what other alternatives could he have considered. Develop at least two of them.
This activity requires you to write down a Research Paper on the subject of your choice in Technology and Innovation Management.
sales estimates are $120,000, $140,000, $160,000 also $180,000 for respective quarters. Seasonal indices for 4 quarters have been found to be 1.25, .90, .75 also 1.10, respectively. Compute a seasonal zed or adjusted sales forecast.
Hottenstein, Griffith, and Hult, attorneys at law, do a great deal of printing. The firm uses a single type of printer with annual demand for print cartridges of 480 per year.
Company X,Y,Z establishes a vision for change where "cutting costs is critical to our survival" and establishes a reward system to the department which cuts costs the most in one quarter.
Grounded in your analysis also the identified problems, analyse also examine how the capabilities in B-A & H could be better cultivated. Use all four farms but emphasize the most relevant ones.
Peter's Paper Clips uses a three-stage production process: cutting wire to prescribed lengths, inner bending, and outer bending. The cutting process can produce at a rate of 150 pieces per minute.
Information flow diagrams provide a way for the system to be broken down into manageable parts beginning with a general context and moving into more detail. Draft a DFD (Information flow diagrams) for Patient admission in a hospital.
Provide an example where nonverbal feedback was used and describe the end result?
Develop a mathematical formulation of the optimization problem that determines the coordinates (x,y) of the centralized facility so that the total number of miles traveled to the five towns is minimized, and solve the nonlinear optimization proble..
Briefly describe DIMCO's supply chain, What are the advantages that DIMCOO can gain by implementing supply chain management?
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