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Jack owns a local trucking company. With the high fuel costs, Jack wants to evaluate how much fuel, on average, he should store in his 30,000 fuel tank. Each year Jack uses 70,000 gallons of diesel (usage is spread evenly throughout the year). Jack knows with certainly that he can have a load of fuel delivered in 12 days. Jack says, "The darn delivery service charges a $250 fee for each delivery, no matter how much I purchase." Earlier this year, Jack hedged his fuel at $4.80 per gallon. Jack thinks his holding cost per unit is 10%. If Jack orders at EOQ, what will be the average inventory of fuel in his 30,000 gallon tank?
A. 1,651 gallons
B. 3,974 gallons
C. 4,270 gallons
D. 12,649 gallons
Assume a plant operates 2000 hours per year, demand for its parts is 100,000 per year and it takes a full 24 hours for a Kanban container
Illustrate what are some advantages also disadvantages of building capacity under these conditions. illustrate what they are also comprise your assessment of whether this activity is something to worry about or not.
variable pay components designed to address specific problems this organization is experiencing. Describe your recommendations also discuss how your recommendations will help resolve specific problems.
Currently manager orders once a month. Explain how much could industry save annually in ordering and carrying costs by using EOQ.
A project to develop a county park has an actual cost in month 17 of $350,000, a planned cost of $475,000, also a value completed of $300,000. Find cost also schedule variances also three indexes.
Identify the pros and cons of a JIT relationship from D&D's point of view, Identify the pros and cons of a JIT relationship from Dixon Plastics point of view, What factors should Dixon and D&S consider before making a decision on the relationship?
Caltech is company originated 1980 in animal feed industry. By 2007 company was worth $400 million. Can you give guidance to a SWOT analysis for Caltech.
Which decision making tool would be used in identifying possible causes for a problem?
At Rachel's hotel the CPOR is $40.00. Her Net ADR Yield averages 85% also her franchise fees average 5%. Elucidate what is Rachel's average minimum ADR sales point.
A single machine work center has 5jobs assigned to it. Using first-come-first-served priority rule, illustrate what is number of late (tardy) jobs.
A part used to repair machines has a normally distributed monthly demand with a mean of 65.0 and a standard deviation of 5.2. If lead-time is so predictable that it can be considered a constant 0.25 month and service level is 90 per cent: Illustra..
If you want your audience to agree to a specific course of action, should you exclude any references to alternatives that you don't want audience to consider. Explain why or explain why not.
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