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!
Office Supreme, Inc., a local retailer of office supplies, faces demand for one of its inventoried items at a constant rate of 30,000 units per year. It costs Office Supreme $20 to process an order to replenish stock and $2 to carry the item in stock. The unit cost is $5.00. Stock is received 4 working days after an order is placed. Currently the store does no backordering. Assume 300 working days per year.
a. What is Office Supreme's optimal ordering quantity and optimal associated cost?
b. What is the optimal interval (in working days) between orders?
c. What is the demand during lead-time?
d. What is the inventory position immediately after an order has been placed?
e. Suppose that the store can obtain the units for only $4.00 per unit if they order in lots of at least 1000 units at a time. Should the company take advantage of this discount or not? Show all work.
f. Suppose that the store wants to consider a stockout strategy. They estimate the cost of back ordering to be $3 per unit per year. What is the optimal policy and cost of such a strategy? Show all work and draw a diagram of this policy.
Describe how effective was the OD consultants' data gathering. The content of the data? The process of describe how the data were collected.
Discuss what do you think that most managers in real life use a contingency approach to increase ir leadership effectiveness.
Adopting an ERP (Enterprise Resource Planning) system is a key business as well as a technology decision. Why would a company want to adopt ERP?
Think of all the examples of forecasting you experience on a regular basis; such as the weatherman on TV each night.
The sampling distribution can be assumed to be approximately normal even when the underlying process distribution is not normally distributed.
Compare the steps described for the B2B buying process with the steps your own consumer buying process. Identify areas where the processes are similar as well as where the processes are different.
Describe present moral also ethical issues faced by managers involving your selected topic. Explain how relationship among social issues also ethically responsible management practices related to your topic.
Use the concepts of transactional, transformational, charismatic also authentic leaders to describe the leadership of Ingvar Kamprad. Illustrate what skills would you personally need to develop or refine these skills.
Describe several structural decisions that a low-cost manufacturer of computers would have to make. Describe infrastructural decisions that such a company would make
The Internet and the Web are not the same thing. What is the difference between the Internet and the Web? Let's discuss what the Internet is and how many kinds of traffic
Operations Management problem relating to an organisation with which you are familiar and undertake a critical review
What is the probability that an arriving customer will find all massage chairs occupied and what is the minimum total number of computers that the firm will have to install to meet this goal?
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