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.
Illustrate what are differences between tangible also intangible resources. Why is it important for decisions makers to understand these differences.
The variable cost would decrease $0.25 per unit. Volume for the new also improved product should rise to 50,000 units. Should the organization invest in the new equipment. At illustrate what volume does the equipment choice change.
As a percent of payroll, how much does your employer pay for Employee Benefits?
As a result of sales volume analysis, many firms have eliminated some of their products or customers
Illustrate what is it about project management which offers Mega tech a competitive advantage in its industry.
How do norms affect the behavior of team members?
What is the difference between line personnel and staff personnel? Why are the two groups so often in conflict? Do you think this would also be true in a virtual organization? How would you minimize the conflict problem? Would you rather hav..
A college professor told her students, "The purpose of a management course is to teach students about management, not to teach them to be managers." Do you agree or disagree with this statement? Why or Why not?
The three hundred gallons of a mixture containing 75.0wt% ethanol (ethyl alcohol) and 25% water (mixture specific gravity=0.877)
What are some effective ways to communicate change? What tools, processes, and ethical considerations are involved when implementing a change? How does preparation for a change facilitate the implementation process?
What are some of the underlying group beliefs and cultural elements that contribute to it or result from it? Can you provide an example of groupthink? How do we prevent it? How do we get rid of it once it is occurring?
Illustrate what are the problems in scheduling work in a assembly line production covering automatic batch manufacturing. Compare with flexible manufacturing system.
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