Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
An automotive repair shop stocks many sizes of tires. One particular size and model is purchased for $15 and sold for $30. The manager estimates the cost to order at $75, including the delivery charge and paperwork. Using the cost of rent, interest, and utilities, the manager estimates the cost of carrying inventory at approximately 50% per year based on average inventory value. The shop sells approximately 2,000 of these tires per year. Orders are received two weeks after an order is placed.
(a) Determine the optimal reorder quantity
(b) Determine the optimal reorder point.
(c) What is the total cost associated with the optimal (Q, r) policy?
(d) What is the average time between orders?
(e) How many orders are placed per year?
(f) Suppose the repair shop orders 150 tires at a time. What is the increase in cost versus an optimal order quantity?
Reflect on your work throughout this course and respond to the following: What are the concepts and actions you've learned that can be implemented in your current or future career?
Findings of research studies on organizations that lack an effective vision statement and type of power relies on personal or relational power to get others to do what you want them to do?
Quality is in the eye of beholder. Explain. Further, discuss how "doing right at first time" is related to the 4 costs of quality.
Opportunity - Explain the current situation. Outline the challenges the project is meant to solve and how it will solve them. Preliminary Project Requirements - List the features and facilities the project should have. Potential Risks - Analyze the r..
Analyze and determine the ethical considerations in such a study. Determine how you will measure the results, particularly in regard to Kirkpatrick's model
Write an executive summary identifying appropriate design approaches for a selected product and service. Pick one service with which you are familiar. Complete three to five line items such as production line, self-service, or personal attention ..
What is Marketing Research? Why do successful firms conduct marketing research for their products/services?
Your sales and costs figures should be split into external sales and inter-divisional transfers, where appropriate
The Internal Revenue Code (IRC) is the supreme source of income tax law. When trying to resolve an income tax question, a tax practitioner will look to other sources in addition to the IRC. For example, the tax practitioner may consult IRC regulation..
Tom has been named the manager of a large new chemical plant that is still to be designed and constructed. Tom’s responsibilities are to assemble and supervise the design staff; ValCo valves are superior to traditional gate valves because they seal m..
a cosmetic manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular hand and foot cream.
Using Tichy's 3 Types of Change approaches how can this be useful to an organization? How would you summarize this approach?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd