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!
A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries. The following data refer to a specific refrigerator in its product line: Cost to place an order $ 50 Holding cost 20 percent of product cost per year Cost of refrigerator $ 400 each Annual demand 540 refrigerators Standard deviation during lead time 8 refrigerators Lead time 13 days Consider an even daily demand and a 365-day year.
a. What is the economic order quantity? (Round your answer to the nearest whole number.)
b. If the distributor wants a 90 percent service probability, what reorder point, R, should be used? (Use Excel's NORMSINV() function to find the correct critical value for the given α-level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.)
Reorder point refrigerators
What is the best way to set this up in excel- I do not need someone to do all the work, I would just like to know the setup or any certain equations that might be helpful.
Describe what makes someone a professional in your field. Use research and/or reflect on your personal experiences and what you know about your profession (or the profession you will work in).
Generate and discuss examples of problems and opportunities that have inspired change in business today.
Make a case for and against an establishment of a Free Trade Area of the Americas (FTAA) between the U.S. and Canada. What are possible effects of such an agreement on North American businesses, North American consumers, and other nations?
Give examples of a situation in which a manager of a McDonald’s fast- food restaurant should utilize different leadership styles.
What distribution is appropriate for simulating the event of waiting time that ranges between 20 minutes and 25 minutes? You may assume equal probability for the variable to assume any value in that range.
Find the Modified Internal Rate of Return (MIRR) for the following series of future cash flows, given a discount rate of 11%: Year 0: -$22,000; Year 1: $5,000; Year 2: $6,000; Year 3: $7,000; Year 4: $7,500; and, Year 5: $8,000.
Analyze the issues in the case using what you have learned in this course and additional research you do. In a paper of at least two pages in length, write a short introduction to the case and then respond to discussion questions 1, 3, and 4 at the..
Describe and analyze the necessary activities and key decisions to start a small business. Analyze the key financial management considerations in operating a small business.
Determine the greatest ethical dilemmas created by globalization and the best way to address those dilemmas. Provide specific examples to support your response.
A management professor once said which for successful management, studying present was most important, studying past was next, and also studying future was least important. Do you agree.
The Kitchen Store bought a set of pots with a $120 list price from Corning Manufacturing. The Kitchen Store receives a 25% trade discount.
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