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Crew Soccer Shoes Company is reconsidering its current inventory control system and distribution strategy for soccer shoes. The information regarding the shoes is as follows: Annual Demand = 1000 pairs/year Lead time = 1 week Order cost = $35/order Holding cost = $2.00/pair/year Service Level = 95% Standard deviation of annual demand = 1000 Number of weeks/year = 50
1. If Crew currently has one warehouse and serves both the East and West Coast demand (which are equal and they assume normally distributed and independent), what will happen to demand, total inventory and safety stock if they open a second warehouse? Try to answer in words, then with math. Assume they use a fixed quantity Q, R system and each warehouse will serve one Coast.
Young bulls contracting repaved 50 miles of two-lane roadway with a crew of six employees. The crew worked eight days and used $7000 worth of paving materials. Nearby little dog construction repaved 30 miles of four-lane roadway working ten days with..
Another area of savings in this manner for hiring out subcontractors is in payroll taxes and workers compensation insurance. By subcontracting out, the company that you hire is responsible for these expenses and the risk involved. Thoughts?
Brady remarked that when the industrial model is applied to education, it disregards human nature, stifles imagination and creativity, encourages a preoccupation with minimum standards rather than maximum performance, wastes the potential inherent in..
The program manager of an Air Force in-production aircraft acquisition program proposes a product improvement program to expand the range, altitude and payload of the aircraft beyond the currently established performance baseline (performance envelop..
One search strategy used to discover innovation opportunities is termed Deep Dive. Define Deep Dive as a search strategy and briefly describe a limitation associated with it. Illustrate one way in which advocates of the Deep Dive approach to innovati..
Calculate the overall proportion of "tourists" (cars with out-of-state plates) and the standard deviation of proportions. Using limits, calculate the LCL and UCL for these data.
What impact if any has air pollution had on/in your community (Atlanta, GA)? Are there any companies in your area you consider are polluters and are a detriment to ones heath? What country, in your opinion are the number one polluters on earth? Are t..
Accurately applied assigned readings and research literature in the explanation of adjustments made when operating in each country. Accurately applied assigned readings and research literature in the explanation and comparison of how products/ ser..
In the comedy Arsenic and Old Lace, two elderly sisters poisoned their gentlemen roomers with elderberry wine that contained arsenic. They got no help from their nephew, played by Cary Grant; but then, he knew nothing of median effective doses or dos..
Identify one aspect of the current configuration that could be improved. Explain why have you chosen that aspect and suggest ways in which it could be improved.
Create a copy of your simulation results. Copy and paste the first five columns. Develop both two-teller and three-teller process plans.
Describe the company's supply chain, Identify a process internal to the company that you wish to analyze.
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