Determine the optimal ordering policy for mcburger

Assignment Help Operation Management

Reference no: EM131418478

McBurger orders ground meat at the start of each week to cover the week’s demand which is 300 lbs. The fixed cost per order is $20. It costs about $0.03 per lb. per day to refrigerate and store the meat. It is estimated that the shortage cost is $0.15 per lb. The demand during lead time is assumed to be uniform between 80-90 lbs. Determine the optimal ordering policy for McBurger.

Reference no: EM131418478

Questions Cloud

Penalize an employee for choosing junk food : Why are employers implementing policies that require employees to engage in healthier lifestyles? Do you think it is ethical to penalize an employee for choosing junk food or smoking, even when all products are legal?

Did he have a chance to win the case please explain : An applicant for a position of a coal-shoveller went through a number of selection tests: biodata, phone interview, work sample test, and cognitive ability test. Did he have a chance to win the case? Please explain

Pay-performance system that uses powerful incentives : Please address this question: How would you design a pay-performance system that uses powerful incentives to motivate behavior, yet keep the behavior from veering into unethical?

In integrated project delivery contracts : In Integrated Project Delivery (IPD) contracts, when are you likely to bring in key trade contractors? Why? What BIM related skills might you want from a key trade contractor?

Determine the optimal ordering policy for mcburger : McBurger orders ground meat at the start of each week to cover the week’s demand which is 300 lbs. It is estimated that the shortage cost is $0.15 per lb. The demand during lead time is assumed to be uniform between 80-90 lbs. Determine the optimal o..

Multinational corporations-transnational collective : Multinational corporations and transnational collective bargaining are becoming increasingly important topics of labor relations. Locate an article that discusses transnational collective bargaining and summarize it for the class.

What is the date of the current report : Review the most recent CES report and summarize the important highlights. What is the date of the current report? How does the current report compare to last month's report

Internal consistency at customer first : "Internal Consistency at Customer First" Please respond to the following: Determine how job analysis and job evaluation could be used at Customers First to develop an internally consistent compensation system.

Negotiating with supervisor for raise : For this Critical Thinking Assignment, you are negotiating with your supervisor for a raise and also to work four days per week at 12 hour days. To begin this assignment, answer the following questions (see below).

User Account

All Pages