Determine the optimal number of doughnuts in dozens

Assignment Help Operation Management

Reference no: EM13922300

Demand for jelly doughnuts on Saturdays at Don's Doughnut Shoppe is shown in the following table. Determine the optimal number of doughnuts, in dozens, to stock if labor, materials, and overhead are estimated to be $3.20 per dozen, doughnuts are sold for $4.80 per dozen, and leftover doughnuts at the end of each day are sold the next day at half price. What is the resulting service level?

Demand (dozens)	Relative Frequency	Demand (dozens)	Relative Frequency
19	.01	25	.10
20	.05	26	.11
21	.12	27	.10
22	.18	28	.04
23	.13	29	.02
24	.14

Reference no: EM13922300

Questions Cloud

Is the hypertext fiction non-linear : Does the author address a solid aspects of the topic in his/her wiki? Is the wiki fact driven? Meaning, does the content presented clearly influence how the wiki is constructed?

Analyze the accounting equation as a concept : Watch the video titled "The Basic Accounting Equation" https://www.youtube.com/watch?v=cLG7K6Sq9K4 (6 min 33 s). Next, analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the..

What role health plays in developing economies : Use the Internet to research one (1) developing nation of your choice. Your research should include an examination of lending institutions, health care, and human capital, as well as the material covered by the Webtext and lectures in Weeks 6 thro..

Company''s contribution margin rate : What was X Company's contribution margin rate

Determine the optimal number of doughnuts in dozens : Determine the optimal number of doughnuts, in dozens, to stock if labor, materials, and overhead are estimated to be $3.20 per dozen, doughnuts are sold for $4.80 per dozen, and leftover doughnuts.

Regression analysis relating test scores : A regression analysis relating test scores (Y) to training hours (X) produced the following fitted equation: Yˆ =13.2 +1.3X .

Uncollectible accounts is adjusted accordingly : Swarthmore Clothing Corporation grants its customers 30 days' credit. The company uses the allowance method for its uncollectible accounts receivable. During the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sa..

Examine crime statistics for reports : Explain why the causality between these variables goes in the direction you claim that it goes. (In other words, make clear why the variables cannot logically be reversed.)

What is the optimal number of spares to order : What is the optimal number of spares to order? Carrying no spare parts would be the best strategy for what range of shortage cost?

User Account

All Pages