How will the second delivery make your job easier

Assignment Help Supply Chain Management
Reference no: EM131434879

Question 1 -

Sherry's Pet Food Emporium uses an EOO approach with continuous review for their most popular dog food, Dingo Delight. Demand for Dingo Delight is variable, with a relatively constant rate over the course of a year. Lead time for reordering is 8 days; as soon as the product leaves the supplier it is owned by Sherry's Pet Food Emporium. Thinking about the six types/purposes of inventory we discussed in COMM 204, what type or types of stock does this inventory model result in? Briefly explain why.

Question 2 -

Customers arrive at the department of motor vehicles (DMV) to renew their licenses at a rate of 1.6 customers per hour. The service time averages 16.6 minutes per customer, with a variance of 33.6 minutes2.

What is Cs (from the PK formula)?

For the above question, what should you assume about the distribution of inter-arrival times, and why?

Question 3 -

Suppose for a project you're managing you wish to shorten the project duration. Briefly explain why it doesn't make sense to crash a task that is not on the critical path?

Question 4 -

For a large grocery store selling Tide, give two reasons for why a periodic review approach might be better. Also give a reason for remaining with the continuous review approach (as per the previous question).

Question 5 -

Suppose you work at a sushi restaurant known for its amazing hamachi (yellowtail) sashimi. It is your job to place an order each morning for hamachi. The order arrives before you open for lunch, and whatever you order will hopefully last through lunch and dinner; any unused hamachi at the end of the day cannot be used for sashimi (raw fish) the next day and must be cooked or pickled, which greatly reduces its value.

Your fish supplier offers to add a second delivery time before dinner.

1. What inventory model were you using for hamachi when there was a single delivery before lunch?

2. How will the second delivery make your job easier?

3. With the second delivery, will you still be using the same inventory model? Why or why not?

Reference no: EM131434879

Questions Cloud

How organization better capitalize on non-financial factors : MBA 520- How might the organization better capitalize on non-financial factors such as market share, reputation, human resources, physical facilities, or patents? Support your response with relevant research and analysis.
Rate of price appreciation for the year : The common stock of Jesup's returned a nifty 24.6 percent rate of return last year. The dividend amount was $0.40 a share which equated to a dividend yield of 0.6 percent. What was the rate of price appreciation (capital gains) for the year?
What is the cost of equity : A firm is expected to pay a dividend of $3.50 per share in one year. This dividend, along with the firm's earnings, is expected to grow at a rate of 7% forever. If the current market price for a share is $67, what is the cost of equity?
Tangible benefit for disclosing nonpublic information : 1. Do you believe that prosecutors should have to show that the tipper received a tangible benefit for disclosing nonpublic information in order to be guilty of violating insider trading laws?
How will the second delivery make your job easier : Suppose you work at a sushi restaurant known for its amazing hamachi (yellowtail) sashimi. It is your job to place an order each morning for hamachi. What inventory model were you using for hamachi when there was a single delivery before lunch? How..
Discuss the advantages of understanding accounting : Discuss the advantages of understanding accounting as it relates to your current or future position. (Consider careers in management, sales, business operations, finance, and business ownership.)
Capital gain-loss brighton report on transaction : Brighton Corp. bought an oil rig exactly 6 years ago for $118,000,000. Brighton depreciates oil rigs straight line over 10 years assuming no salvage value. (Straight line depreciation means that the yearly depreciation will be the purchase price o..
Determine the ending inventory and the cost of goods sold : Vista Company Inc. uses a periodic inventory system. Sales totaled 1,500 units. Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost).
Development of ethical and moral reasoning : Read the article A Portrait of the Teacher as Friend and Artist: The Example of Jean-Jacques Rousseau by Hunter McEwan (2011) from the Ashford University Library - importance of understanding the philosophy behind taking general education courses ..

Reviews

Write a Review

Supply Chain Management Questions & Answers

  What way will the supplier relationships change or improve

ASCM 632 Homework. Given the system that is chosen, in what way will the supplier relationships change or improve? How should they now work with their suppliers

  The strategic role of forecasting in supply chain management

Describe the strategic role of forecasting in Supply Chain Management

  Describe for bill what an enterprise resource planning erp

use the case study presented here to answer the questions below. your responses should demonstrate your understanding

  Identify logistics management strategies to resolve issue

Identify logistics management strategies to resolve the issues - Prepare a 2000 - 2500 word report analysing the issues in the case.

  Determine the key components of supply chain management

Determine the key components of supply chain management for the company you have selected. Determine three (3) major issues that could affect the structuring, sourcing, purchasing, and the supply chain of your organization. Provide a solution to ..

  Determine amount of green beans jane should purchase

Determine the amount of potatoes and green beans Jane should purchase each week for the casserole to minimise the ingredient costs while meeting nutritional, taste, and demand requirements.

  Firms that enter into a joint venture avoid reach of section

Read American Needle, Inc. v. National Football League ... Brief the facts of the case and answer questions ... 1. Do firms that enter into a joint venture avoid the reach of Section 1 of the Sherman Act? 2. Do you think there was any unethical condu..

  Contract amp procurement question good thoughts on ptn

contract amp procurement question good thoughts on ptn. however post tender negotiation sometimes gets to bid-shopping

  Improve communication among managers and workers

How would you start a change in your organization to improve communication among managers and workers?

  Firms performance solely in financial terms

What risks do managers take when they view their firms performance solely in financial terms?

  What are the key processes in supply chain management

What are the key processes in supply chain management, and who performs them? - How does each process lead to increased satisfaction on the part of the customer?

  Explain the supply chain management concept

Explain the supply chain management concept, Differentiate between public and private sector organisations in terms of their supply chain objectives and strategies

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd