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!
A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries. The following data refer to a specific refrigerator in its product line: Cost to place an order $ 50 Holding cost 20 percent of product cost per year Cost of refrigerator $ 400 each Annual demand 540 refrigerators Standard deviation during lead time 8 refrigerators Lead time 13 days Consider an even daily demand and a 365-day year.
a. What is the economic order quantity? (Round your answer to the nearest whole number.)
b. If the distributor wants a 90 percent service probability, what reorder point, R, should be used? (Use Excel's NORMSINV() function to find the correct critical value for the given α-level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.)
Reorder point refrigerators
a determine the need for and purpose of a gantt chart and distinguish between the pros and the cons of using a gantt
Using an Internet search engine, search for "strategic alliance," and identify three recently formed alliances. For each alliance, identify whether the companies' other products are generally competitors or complementary products.
Read and review the excerpts from the Sarbanes-Oxley Act in the Appendix of the textbook. Identify three of the criminal penalties that can be charged under the Sarbanes-Oxley Act. How do these sections of the Sarbanes-Oxley Act promote ethical be..
Logistics Managers Will Be Leaders Than Technicians
Steve’s company manufactures smartphones. Under ideal condition they can produce 20,000 units of smartphones in a day. However, the normal production output is 18,000 units/ day. Given the recent launch of its new smartphones, the manufacturing unit ..
You will learn about the general environment which can affect a company's success including economic forces, technological forces, socio cultural forces, demographics forces, political forces and international forces. Provide examples of three of the..
Assume you have just been assigned to a project risk team composed of five members. Your task, as project manager, is to develop a process for handling risks to the project. What methods should be used for identifying risks? Who should be involved in..
What purpose do they serve under a performance management system?
A discussion of the types of secondary data you could use to test your hypothesis, and why this data would be useful. If secondary data would not be appropriate, please explain why.
Discuss the standout features of the companies approaches to managing operations. Discuss the attributes you find impressive about the companies policies and procedures.
An engineer at the Metal works is considering the introduction of a new line of products. In order to produce the new line, the company needs either a major or minor renovation of the current platn
Identify and examine the internal external customer demands placed on this company's centralized procurement along with this company's expectations placed on its suppliers through procurement strategy. Assesses how these expectations influence an..
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