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A produce distributor uses 760 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Currently the manager orders once a month.How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)
what would be the change in annual cost if Burgerama had storage space for only 15 boxes per order and thus was forced to use an order quantity of 15?
Given that an activity's normal time and cost are ten days and $400 and its crash time and cost are 5days and $800, illustrate what is activity's slope.
Suppose the production of a product consists of two operations. Defects can occur at each operation. There were 60 defective units out of the total 4,000 units produced.
Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project
What is the essence of the global challenge facing American firms? Describe how the challenge is different for companies headquartered
Your job is to compute forecasts using exponential smoothing technique with alpha of 0.3. Assume the initial forecast for day 1is 37. Show details for at least three calculations
Identify how production processes are organized in a typical manufacturing organization. What are some specific examples?
Find out the cycle time also the appropriate number of workstations to produce the 40 units per day. Elucidate how would the target cycle time change if you required producing 50 units per day.
Assume that there are four weeks in each month. Utilizing sales dollars as the measure of output, Illustrate what is the productivity for the month of January.
Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 10,000; winter, 8,000; spring, 7,000; summer, 12,000.
Based on this information and wanting to use the low cost strategy, what is the optimal order quantity that Weedandfeed should select for acquiring its Pest-be-gone next year? What is the lowest total cost for each of the two purchase options?
Identifies which alternative Goleb transport must take. The market for the repair could be either favourable (event1) or unfavourable (event2). George has constructed a payoff matrix showing the expected returns of every alternative also the probab..
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