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Office Supreme, Inc., a local retailer of office supplies, faces demand for one of its inventory items at a constant rate of 240,000 units per year. It costs Office Supreme $38 to process an order to replenish stock and $2.5 per unit per year to carry the item in stock. Stock is received 5 working days after an order is placed. Assume 250 working days a year. a. What is Office Supreme's optimal ordering quantity? b. What is the reorder point? c. What is the annual number of orders? d. What is the optimal interval (in working days) between orders? e. What are the annual carrying cost, ordering cost and total cost?
Finally, she gave account to Paula, a very creative, efficient writer who has had high sales results with her last 3 clients' products. Illustrate what is Janet's management style is based on.
The following table shows the critical factors in a company's decision on choosing a new piece of equipment. Calculate the breakeven volume and utilization for each option and then find the range of volumes for which each option is the best decision.
The cost of placing an order to replenish stock is $10 also the annual cost of holding is $4 per book's Stock is received five working days after an order has been placed. No backordering is allowed. Assume 300 working days a year. Illustrate what..
Suppose which instead of a faucet, a 60 gallon container is used for filling the tan. Elucidate in words the number of gallons in the open tank is changing over time also draw a graph of the situation
Illustrate what are the problems in scheduling work in a assembly line production covering automatic batch manufacturing. Compare with flexible manufacturing system.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Discuss pressures for local responsiveness also global integration faced by each firm. Which experiences greater pull toward local responsiveness. Explain why. Which faces a greater need for global standardization.
Illustrate what would happen to during put of the line if we replaced the large single-machine at the bottleneck station with four smaller machines and held WIP at its current level.
What are your thoughts on this? What are the parameters and the potential implications for failure to adhere to those parameters?
Research a company of your choice and determine which of the four quadrants of the BCG Matrix you feel it fits into. Justify your response
Westside Auto purchases a compant used in the manufacture of automobile generators directly from the supplier. Westside's generators production operation which is operated a constant rate.
Omega Computers, Incorporated is a franchisor that grants exclusive physical territories to its franchisees with retail locations, including Pete's Digital Products.
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