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Flemming Accessories produces paper slicers used in offices and in art stores. The minislicer has been one of its most popular items: Annual demand is 6,750 units and is constant throughout the year. Kristen Flemming, owner of the firm, produces the minislicers in batches. On average, Kristen can man-ufacture 125 minislicers per day. Demand for these slicers during the production process is 30 per day. The setup cost for the equipment necessary to produce the minislicers is $150. Carrying costs are $1 per minislicer per year.
a. How many minislicers should Kristen manufacture in each batch?
b. How many orders per year are needed with the optimal policy?
c. What is the average inventory if costs are minimized?
d. If lead time is 2 days, what should be the re-order point?
e. What will the minimum total annual cost.
If the number sold of franchise A is twice the number sold of franchise C, how many of each type did the company sell that year.
Find a set S for Theorem 2.2.3 when G is a forest. Show that X is minimal as an a - b separator if and only if every vertex in X has a neighbor in the component Ca of G - X containing a, and another in the component Cb of G - X containing b.
Calculating probabilities of a dice game. Suppose someone gives you 9 to 2 odds that you cannot roll two even numbers with the roll of two fair dice. This means you win $9.00 if you succeed and you lose $2.00 if you fail.
How much time do you have to assemble each mousetrap?
If it takes the doctor 80 minutes to prepare a tooth for a crown, and 30 minutes to seat the crown and the fee for the crown is $550, what does the doctor produce per hour?
the everton college store paid $1688 for an order of 44 calculators the store paid 10 dollars for each scientific calculator the others all graphing calculators cost $58 each how many of each type of calculator was ordered.
How many different ways are there for an admissions officer to select a group of 5 college candidates from a group of 9 applicants for an interview?
What do these results indicate? How might you use this information in your practice?
Finally, divide 3000 statute miles by the statute miles per hour you obtained for the Atlantic and Playstation, to find the number of hours it took each yacht. Then answer this question: By how much time did the Playstation beat the Atlantic in trave..
a surveyor locates a point C on land such that CAB = 48.8°. He also measures CA as 317 ft and CB as 527 ft. Find the distance between A and B.
In a school of 480 students, 168 students are in the band, 280 students are on sports teams, and 72 participate in both activities. How many students do not participate in band or sports?
Find the P-value that would be used to determine if the percentage of customers who prefer mint chocolate chip ice has increased at a 5% level of significance.
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