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Continuous review inventory control is being applied to purchase motors for an electric fan manufacturer. Demand is uniformly distributed between 500 and 600 motors per week. Each order costs $250 to prepare, place, and receive. Motors cost $2.75 and the holding cost rate is 1% per week. Management proposes using the EOQ order quantity and setting reorder points to ensure a 97% fill rate. Find the imputed cost of a shortage and the expected number of shortages per year.
Evaluate how organizational functions of marketing impact also determine structure of Home Depot. Holding costs of inventory are 24% of purchase price per year. Elucidate how much should be ordered each time to minimize total cost.
Illustrate what is the multifactor productivity ratio. Compared to the result obtained, did productivity increase or decrease for the course process.
Suppose which daily usage is normal also which it has a standard deviation of 1.5 gallons per day. Elucidate what ROP is appropriate if the acceptable risk of a stock out is 2 %.
Propose one specific example of each type of strategy that you are considering and present your rationale (reasoning) for your strategy selections
Assume you want during put of the line to be 90% of the bottleneck rate. Find the WIP level required to achieve this under the assumptions.
Illustrate what is primary reason also Explain why retailers tend to locate high-draw items around periphery of store
what is bakers inventory turnover? what is the percent of bakers assets committed to inventory? how does bakers performance compare to Arrow distrubuting?
Compute raw material price also usage (quantity) variance also direct labour quantity variance for Milton Industries' key product. Illustrate what is maximum number of application per hour which can be handled by present configuration of process.
Illustrate what they fail to see, explain however, is that such manufacturing practice keep costs down for the consumer also stimulate demand. Illustrate what are the 3 significant landmarks in the evolution of understanding also managing people.
Illustrates what actors also forces in Levis stress also company micro also macro environment have affected its marketing position.
Construct a Gantt chart to describe the total time required to process all five orders given the subsequent sequence.
Compute depersonalized demand for each semester. If the regression equation for depersonalized demands 250.82 + 4.53(X), compute forecast for Fall2010 semester.
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