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!
A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 75 pounds of Kona coffee beans a day. (Demand can be assumed to be distributed normally, with a standard deviation of 15 pounds per day.) After ordering (fixed cost 5 $16 per order), beans are always shipped from Hawaii within exactly 4 days. Per-pound annual holding costs for the beans are $3.
a) What is the economic order quantity (EOQ) for Kona coffee beans?
b) What are the total annual holding costs of stock for Kona coffee beans?
c) What are the total annual ordering costs for Kona coffee beans? d) Assume that management has specified that no more than a 1% risk during stockout is acceptable. What should the reorder point (ROP) be?
e) What is the safety stock needed to attain a 1% risk of stockout during lead time?
f ) What is the annual holding cost of maintaining the level of safety stock needed to support a 1% risk? g) If management specified that a 2% risk of stockout during lead time would be acceptable, would the safety stock holding costs decrease or increase?
Alternative One reduces wasted motion (walking) to 1% of total labor used on the assembly line. Physical lifting is reduced to no more then 12 pounds. Six people will be required on the assembly line. Productivity in finished goods per 8-hour shif..
Net Present Worth #2: Your boss is wanting to invest in a new machine that will improve both quality and safety. How much can she afford to pay for this machine if it will increase revenue and reduce costs by $50,000 per year for a 5 year period? The..
Deliverable length: 2 letters, 4–6 paragraphs each You are to write 2 letters/e-mails that will require 2 separate appeals, each of which is intended for an audience with uniquely different emotions. Use the components of persuasive messages that you..
Identify a company that follows the principles of the Juran Trilogy. What influence did the elements of the Juran Trilogy have, if any, on the company's quality training curriculum? If the company does not have a quality curriculum, why do you believ..
A firm has six opportunities to create global competitive advantage: adapting to local markets, capturing economies of global scale, capturing economies of global scope, optimizing the choice of locations for activities and resources, leveraging know..
You are working on a client-driven project. You were told very specific operating guidelines up front, and the client has used these to critique you throughout the project. Nevertheless, your final output met or exceeded all client standards. Make co..
International logistics is complex and different from localized logistics pipelines. The main differences that need to be taken into consideration include______________? In the best scenario, _____________ should align with _____________, based on th..
The United States' rank in the Corruption Perception Index is
Inventory Control Problem Johnson Corporation has the following information about a product (SKU) that it carries in stock: What is the optimal order size for the company to minimize their annual inventory cost for this item? What is the yearly aver..
What is the role of the Advanced Professional Nurse in creating an ethical practice environment? Respond to this question, based on your selected APN role.
Create risk responses (reduce probability, reduce impact, and respond) for each of the 15 risks you identified and assessed in the prior unit.
Functional personnel explain however, prefer friendship also work assignments. Explain how can these two outlooks be related to theories of Maslow also McGregor.
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