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A manufacturer uses a purchase part who's demand over any time period of length t (in years) can assume to be normally distributed with mean 200t and variance 400t. The part cost $20 each. The lead-time is 4 weeks. The annual carrying cost rate is 0.2 $/$/year. All shortages are backlogged and the shortage cost is proportional to the number units short, where the backlogged cost is $16 per unit. The setup cost is $100. A reorder point (s, Q) policy is used. (Assuming 52 working weeks within a year). a) Find the optimal order quantity and the reorder point. b) Find the average total relevant cost (setup cost, inventory holding cost and shortage cost)
How would you measure marketing productivity? What measures would you use and why? Explain.
Linear objective function & non linear objective function.
The major differences between strategic marketing and marketing management are A) The leadership style and mission B) The products manufactured C) The type of advertising
1. What modification would you suggest in enhancing the existing logistics system?
What is the difference between a main summary task and a summary task?
Locational Break - even analysis In comparing several potential location on an economic basis,( i., e, tangible factor) the only revenues and costs that need to be con
Describe and contrast the rights of bond holders and preferred stockholders. Which has the best position in a default, which one would you buy all other things being equal?
Everything else remaining constant, when the sample size increases, which of the following occurs? The sampling error decreases. The sampling error increases. The sampling
To determine the standard working time for a special job, following observation data is collected: Observation 1 2 3 4 5 6 7 8 Time (in second) 17 18 15 14 13 15 16 13 a) If the pe
proof V=C((n/(n-1))^n)(r/(r*T+r)^n
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