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High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse. Customer orders are placed, the order is picked and packaged, and then shipped to the customer. A fixed order quantity inventory control system helps monitor and control these SKUs. The following information is for one of the calculators that they stock, sell, and ship.Average demand 12.5 calculators per weekLead time 3 weeksOrder cost $20/orderUnit Cost $8.00Carrying Change rate .15Number of weeks 52 weeks per yearStandard Deviation of weekly demand 3.75 calculatorsSKU service level 90 percentSchedule receipts 20 calculatorsBackorders 2 calculatorsCurrent on-hand inventory 35 calcutors
What is the EOQ.What is the total annual order and inventory holding costs for the EOQ.What is the reorder point without safety stock. What is the reorder with safety stock.
What are the total annual holding and ordering costs associated with your recommended EOQ? What is the cycle time?
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Assuming stock out costs for lost sales of $ 100 per unit, inventory carrying costs of $25 per unit per month and zero beginning and ending inventory, evaluate these two plans on an incremental basis:
llustrate what are reasons for formulating also implementing an operations strategy. Describe a possible mission for operations also some associated strategies which fit subsequent business situations.
Management may choose to build up capacity in anticipation of demand or in response to developing demand. Cite advantages also disadvantages of both approaches.
How do MNC managers manage conflict? Compare or contrast managing conflict resolutions using the instrumental-oriented conflict approach and the expressive-oriented conflict approach.
Illustrate what is the probability of completing this project among 38 and 40 days. Illustrate what are the slack values for activities C and F? Interpret the meaning of their slack values.
Average range= 1.78 lb. (a) Determine the upper and lower control limits of the x-bar chart. (b) Determine the upper and lower control limits of the R chart
Dale Emerson served as the chief financial officer for Reliant Electric Company, a distributor of electricity serving portions of Montana and North Dakota
What purpose do they serve under a performance management system? Performance appraisals are they necessary or not?
What differences in the retail environment may justify the fact that the fast-moving consumer goods supply chain
An airplane flew for 4.23 hours with a 25.5-km/hr tail wind. The return flight against the same wind took 4.97 hours. Find out the speed of the plane in still air.
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