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Handi Inc., a cell phone manufacturer, procures a standard display from LCD Inc. via an options type of supply contract . At the start of q uarter 1 (Q1) Handi pays LCD $20 per option. At that time Handis forecast of demand in Q2 is n ormall y distributed with mean 20,000 and standard deviation 8 000. At the start of Q2 Handi learns exact demand for Q2 and then exe rcises options at the fee of $4 0 per option (for every exercised option LCD delivers one display to Handi). Assume Handi starts Q2 with no display inventory and displays owned at the end of Q2 are worthless. Should Handis demand in Q2 be larger than the number of options held, Handi purchases additional di s plays on the spot market for $75 per unit.a. Suppose Handi purchases 15 ,000 op tions. What is the probability that he will need to do procurement on the spot market?b. Given that Handi purchases 15 ,000 options, what is the expected number of displays Handi will buy on the spot market?c. Given that Hand i purchases 15 ,000 options, what is the expected number of options that Handi will exercise?d. What is Handis expected total procurement cost given that he purchases 15 ,000 options?e. What is the fill - rate Handi implies by purchasing 15 ,000 options?f. How many options shou ld Handi purchase from LCD, Inc. ? (i.e. the optimum options)g. What is Handis expected total procurement cost given the number of purchased options from part f ?h. Suppose Handi were to procure exclusively from the spot market? What would be his expected procurement cost? What would be his fill - rate in this arrangement? Also, what is the mismatch cost he incurs with this arrangement?
The Cowboy Saddle Company manufactures plastic saddles that are used in the assembly process of their Mr. Ed doll. If the run time for producing a batch of saddles is 4 days
Explain why she fears that supervisors will be biased towards making comp1nt in house, as they tend to favour retaining more work for their people. Illustrate what should Nancy Bush do.
A network consists of the following list. Times are given in weeks. Calculate the expected duration and variance of each activity.
Illustrate what do you think is more important for a good IT professional: strong technical skills or strong people skills.
A key question for any agency that received government funding explain how would they be able to continue to offer services if government funding was reduced or taken away all together.
closing also he sued 18 is enough for damages. 18 is enough defended on basis of limitation of liability provision on parking stub also notice that lot closed at 8:00. Using principles of bailment law, decide whether Silas should recover in this c..
Firm operates 220 days a year also uses couplings at a steady rate of 50 per day. Couplings can be marked at a rate of 200 per day. Annual storage cost is $2 per coupling; also machine setup cost is $70 per run. Determine economic run quantity.
Explain how each IT project listed above specifically improves and/or supports the business.4. Make a list of five ways that Bill could protect the data and systems that he is going to put in place
Describe how you would conduct an external strategic management audit for an organization of your choice. List the procedures you would follow and the specific variables you would examine.
Information is one part of decision making, with managers being the other. What is the difference between the ability of a manager to retrieve information instantly on demand using an MIS
J.Q. is aggressive also is going to recommend that his father cancel the contract with one of the warehouse in the same city. J.Q. feels that when word of this get around, the other warehouses them use will "sharp up." Which of the seven should J...
In case of a resume, a single error can put you out of competition. Question - Briefly illustrate conference explain how you plan to revise also proofread your final paper.
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