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!
The local distributor for Macho Heavy Beer is reconsidering its inventory policy now that only kegs will be sold. The sales forecast for next year (200 days) is 600 kegs. The cost to store a keg of Macho in a refrigerated warehouse is approxi- mately $3 per year. Placing an order with the factory costs about $4. The demand for Macho during the 1-day lead time is
Lead-Time Demand (Kegs) Probability
0 .03
1 .12
2 .20
3 .30
4 .20
5 .12
6 .03
a. Recommend an EOQ for Macho Heavy Beer.
b. If orders are placed in carload lots of 200 kegs, the brewery is willing to give the local distributor a $0.25 discount on the wholesale price of each keg. Based on analysis of total variable inventory costs, is this offer attractive?
c. What is the recommended safety stock if Macho decides on an 85 percent service level?
(Operations from a Systems Perspective 140)
Operations from a Systems Perspective. McGraw-Hill Create. VitalBook file.
Perhaps also networking with other quality and risk managers to discuss what works and does not work in their hospitals. This could be another source of benchmarking. Developing a common set of indicators to measure outcomes etc. OK now let’s expand ..
What measurement guidelines is each company using to verify its strategic effectiveness? How effective are the measurement guidelines that each company is using?
What is the average resource load factor. How is it used to determine project completion times. What are two methods for addressing the constrained resource allocation problem
The standard deviation of the process was found to be 0.67. Determine the sample size.
Do emotions enhance or hinder critical thinking? Provide one example to support your ideas. You can refer to current events, historical events, or personal experience to discuss why you believe that emotions function in this way.
All decisions require change to implement them. Consider an experience you have had in your work life that has involved the implementation of a decision. Explain how the decision was implemented. Was it successful? If so what about the implementation..
You are the manager of a widget factory. Production of a widget is currently a two-stage process. The first stage (cutting and planing) takes 3 minutes per unit of input. The output of the first stage is then finished in the second stage, which takes..
Why is information technology such an important element when entering into a VMI agreement? Explain using examples from Eka Chemicals and Interfast.
Please describe the various sources of debt capital and the advantages and disadvantages of each: banks, asset based lenders, vendors (trade credit), equipment suppliers, commercial finance companies, savings-and-loan associations, stockbrokers, cred..
How do you manage the problem and get things back on schedule if you have schedule in place already?
MaryJo and her fiancé, Bobby Doe, have decided to get married on November 30, 2016. This project will define, plan, execute and implement the wedding. The aim of the Project is to plan a wonderful wedding experience for both families and also for the..
A local café has a single cash register, with a single assistant to work it, and three servers working to fill the customer orders. Customers arrive with exponential interarrival time an average of one every 2 minutes. Calculate the average utilizati..
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