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!
Annual demand for number 2 pencils at the campus store is normally distributed with mean 1,000 and standard deviation 250. The store purchases the pencils for 6 cents each and sells them for 20 cents each. There is a two-month lead time from the initiation to the receipt of an order. The store accountant estimates that the cost in employee time for performing the necessary paperwork to initiate and receive an order is $20, and recommends a 22% annual interest rate for determining holding cost. The cost of a stockout is the cost of lost profit plus an additional 20 cents per pencil, which represents the cost of loss of goodwill. a. Find the optimal values of Q and R. b. Substitute a Type 1 service level criterion of 95% for the stock-out cost. Find the values of Q and R. c. Substitute a Type 2 service level criterion of 98% for the stock-out cost. Assume that Q is given by the EOQ. Find the values of Q and R.
What are three considerations in the wage determination criterion "ability to pay"? Why, by itself, can't the ratio of labor cost to total cost always be the formula of a company's wage-paying ability?
The Lynx Company uses a functional system for their sales system. It takes the orders from their salesmen in the field, processes those orders in the office, sends the information to accounting, and distributes the pick orders to the warehouse for pi..
Illustrate what are three examples of businesses that use some sort of device to electronically collect information that can be used for forecasting.
Formulate and solve a complete linear programming model on a spreadsheet that maximizes the amount of money accumulated by the beginning of year 6.
If businesses claim to have no extra-legal obligations, how can they claim the right to influence law and regulation?
If its holding area at this new location has design and effective capacities of 10,000 and 7,500 prisoners processed annually, respectively, and it plans to be 80% efficient in its use of this space, how many prisoners does the county plan to proc..
Write a double-spaced essay on the value of business process improvement to an individual business. Describe clearly and concisely what is involved in such activity.
What are the five main parts of the operations planning control (OPC) system? Why are they important to a functioning OPC system?
Discuss the advantages to locating manufacturing, assembly or distribution facilities in countries with relatively low wages.
Mike is preparting the x-bar chart and the R chart for Uncle Ben's 2lb. box rice packaging line. Using the standard sample size of 9 items. Mike found the average range is .02 lbs and the overal process average is 1.98 lbs.
Does its approach to decision making support good strategy execution? Why or why not?
Cortland want to sue Chandler in tort. Would you recommend that is claim is one for an intentional tort or negligence, and why? Which specific tort do you believe Cortland should pursue.
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