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Dutch Farms imports cheese by the case from Holland for distribution to its Texas retail outlets. During the year (360 days), Dutch Farms sells 1,080 cases of cheese. Because of spoilage, Dutch Farms estimates that it costs the firm $6 per year to store a case of cheese. The cost to place an order runs about $10. The desired service level is 98 percent. The demand for the cheese during the 1- day lead time is shown below. Lead- Time Demand(cases) 0 1 2 3 4 5 6 Probability .02 .08 .20 .40 .20 .08 .02 a) calculate the EOQ for Dutch Farms b) How many cases should Dutch Farms hold as safety stock against stockouts? c) Dutch Farms owns a refrigerated warehouse with a capacity of 500 cubic feet. If each case of cheese requires 10 cubic feet and must be refrigerated, how much per year could Dutch Farms afford to spend on renting additional space?
A group of city planners are looking at a 5 mile strip of highway to measure its throughput during rush hour. At any point in that there are 60 cars, on average, on the 5 mile strip and they are moving at an average of 40 miles per hour. How many ..
Identify the potential impact of overlooking or mismanaging one or more of the steps. In your own organization or in an organization where you previously worked, what has been your experience with a failed change effort
How can the following be compared to Project life cycle, what are some similarities? Back when I worked at the Radisson in Kalamazoo, MI, I was trained in using metrics to measure progress toward goals. I determined I needed to measure the progress o..
What are HR's interests in this scenario, and what would be the potential negotiation strategy between the Accounting Manager and HR assuming that there is a decision that the published salary range for attracting Jim will have to be exceeded in o..
Radovilsky Manufacturing Company, in Hayward. California. makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders fo about 12,000 flashing lights per year and has the capability of producing 105 p..
project managers when engaging stakeholders use techniques mentioned in this module. are some of these techniques
There are three planning horizons, strategic, tactical, and operational. We will focus on strategic planning since the primary responsibility belongs to you
How is your organization (could be work, volunteer, team, etc. related) (Company is a Senior Program that feed, do recreation, health screening, anything dealing with Senior Citizens) structured? What do you see as the rationale for this structural c..
Prepare a scope statement for a coffee shop. Remember to be tangible, measurable, and specific. The components: Project Objective, Deliverables, Milestones, Technical Requirements, Limits and Exclusions.
For the Course Project, you will prepare a quality improvement program. Continuous quality improvement covers many areas. Throughout the course, pay particular attention to what attributes constitute a quality improvement team and what questions t..
What sequence should products be scheduled for production - what is the profit if the company manufactures the optimal product mix.
Vehicles arrive at a border crossing and must be inspected by a single inspection station before proceeding. The vehicles arrive at the station according to a Posson disribution at a rate of 882 vehicles/hour (time between arrivals is exponentiall..
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