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!
A distributor is planning to consolidate his two warehouses into a single one. He sells widgets from the warehouse. Each widget costs $100. He estimates that each separate warehouse today faces a mean demand of 1200 per week with standard deviation of 200 per week. The lead time is two weeks. His ordering cost is $100 per order. He plans to build a new warehouse and sell his two old ones. The net cost for doing so is not clear, but he wishes to know what he can afford. His holding cost is 25% per year.
(a) Determine the EOQ and annual inventory cost for each warehouse.
(b) Determine EOQ and annual inventory cost for single warehouse.
(c) Compute difference in safety stock between the 2 systems. Note that combined demand will have a standard deviation = square root (2) x standard deviation of demand at a single warehouse. Assume that the service level needed is 99%.
(d) Compute the cost saving in combining into a single warehouse.
The vision and mission statements of a company set the overall direction of the organization. Strategic objectives serve what role?
Identify and discuss the key customer markets by using examples of businesses/ companies who sell their goods in those markets as well as examples of goods
The Nifty Company specializes in the production of a single product, which it produces in three plants. Draw a network representation of the problem.
There are multiple phases in decision-making, namely, Identifying the problem, Generating alternative solutions, Evaluating those alternatives
In your own words (no copy and paste) Assume that you are a manager of a public health agency. How would you develop and expand the informatics competencies of the staff at your agency? It may help to frame your response in terms of the specific issu..
A bank has noticed an apparent recent decline in the daily demand deposits.
Submit a one-page summary on the Global Fortune 500 Company you have chosen to be the subject of your Portfolio Project. Include the name, stock symbol, headquarters, and your reason for selecting the firm.
Your client has just informed you that your project budget has been cut by 20%, you have lost 2 project team members, and your project scope will remain the same. How do you respond to this new information? What type of project constraint(s) are you ..
Does Social media enhance or diminish connections between people?
Critique strategic decision-making and due diligence processes for business changes in international organizations;
Computers have made many workers more productive. However, this new technology has raised concerns with respect to ethics, privacy, and workplace security. Briefly discuss each of these concerns.
Explain the following accounting assumptions and principles briefly
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