Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Johnson Corporation has the following information about a product that carries in stock: Average demand 40 units per day Average lead time 15 days Item unit cost $ 55 for orders less than 400 units Item unit cost $ 50 for orders of 400 units or more Ordering cost $30 Inventory carrying cost 20% The business year is 300 days Standard deviation of demand 2.5 units Standard deviation of lead time 1.5 days Desired service level 97.5% a. What is the annual total acquisition cost of ordering at the $ 55 price? b. What is the annual total acquisition cost of ordering at the $ 50 price? c. What level of safety stock should Johnson maintain for the item? d. If Johnson chooses the ordering policy that results in the lowest total annual acquisition cost, and maintains the safety stock level for 97.5 percent service, what will Johnson’s average inventory be for this item? e. What will the annual inventory turnover rate be for this item? f. What will the reorder point be for the item?
janice cooper has recently joined a hospital as a part of the internship program prescribed by the nursing school she
Although many organizations and professional societies have their own specific codes of conduct, it seems there is no single, established Code of Ethics for Human Resource Training and Development professionals. What does it mean to be an ethical Tra..
Which of the following is NOT consistent with the lean philosophy?
Summarize a significant insight that you gained from media segments regarding challenges or objectives of operations management. Make a note of insights that you gain from media segments on the role of operations management within health care organi..
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..
Why is it so difficult to define full employment? What unemployment rate should the government be shooting for today?
Solve the model using Excel solver. Give the value for each decision variable and the objective function.
You were required to describe the components of your current employer's supply chain or that of another company that you were familiar with. Using that supply chain as a basis, discuss where the supply chain adds value. You do not need to submit a fl..
Which of the following would be a factor that would have the tendency to decrease the span of management? Scalar relationships refer to the chain-of-command positioning of individuals on an organization chart.
Travelmania Inc. is a new, Internet based travel agency specializing in customized exotic and adventure travel. The company has limited resources and very low level of awareness in the market.
Support your desired outcomes with a minimum of three outside scholarly sources. (academic journals, industry or business magazines, or association Web sites)
Identify three specific examples of entities with for-profit, not-for-profit, and government financial environments in the health care industry.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd