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!
Annual demand for number 2 pencils at the campus store is normally distributed with mean 1,000 and standard deviation 250. The store purchases the pencils for 6 cents each and sells them for 20 cents each. There is a two-month lead time from the initiation to the receipt of an order. The store accountant estimates that the cost in employee time for performing the necessary paperwork to initiate and receive an order is $20, and recommends a 22% annual interest rate for determining holding cost. The cost of a stockout is the cost of lost profit plus an additional 20 cents per pencil, which represents the cost of loss of goodwill.
a. Find the optimal values of the reorder point R assuming that the lot size used is the EOQ.
b. Find the simultaneous optimal values of Q and R.
c. Compare the average annual holding, setup, and stock-out costs of the policies determined in parts (a) and (b).
d. What is the safety stock for this item at the optimal solution?
Business-level, Corporate-level, and International Strategies. Using an Online Library or the Internet, research about the following:
A cotton fabric manufacturer uses one line to make 10 different colors of fabric. The production rate at this line is 100 yards per hour. Each yard of fabric costs $5 regardless of color and the annual inventory holding cost rate for these fabrics is..
Consider international health policy concerns and initiatives aimed to addressing them. select a global health policy issue that you are particularly interested in. What is the role of the international community in combating this global issue? What ..
Explain what a best practice is in general terms and give examples of best practices in an area unrelated to project management, such as aviation or safety.
Trojan Café is a small on-campus coffee shop that operates from 7am until 10am during the morning rush, with no customers arriving after 10am. The store is thinking of streamlining its operation, and it is interested in understanding how this will im..
Along with products and services, information flow is part of a channel distribution’s offering. Electronic channel management challenges marketers in new ways. You are a physician who specializes in family medicine.
Lavanya is leading a virtual team that is given the task of developing a requirements document for a new application system. She will present a draft of the initial document but needs additional input on requirements from other team members who are a..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Describing the change management approach and recommended action steps you would advise for minimizing adverse impact on the organization and its people.
Real time hires Terry to repair its irrigation system on site on a certain date for $7,500, but Terry does not show up as agreed. Realtime hires Jerry to do the job for $7,000. Realtime may recover from Terry:a. nothing. b. compensatory damages. c. c..
Describe some of the important steps in the preparation of a written document. What role do written documents play in the communication process?
Gabriela Manufacturing was able to find out a new supplier which would give the item for $1.80 per unit with an annual fixed cost of $200,000. Should Gabriela Manufacturing in source or outsource the item.
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