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Q. Doc's bar serves lots of beer, but also carries fine single malt whiskeys. He approximates his annual demand for a certain whiskey to be 1000 cases (he sells a lot of whiskey). His approximate d cost to carry 1 case of whiskey is $52 dollars per case per year. He approximates that it costs $21 to place a whiskey order. Explain how many cases should doc order each time he places an order?
A farmer in Lowa owns 45 acres of land. He is going to plant each acre with wheat or corn. It clearly indicates how the derived value has been reached.
Illustrate what level of safety stock is appropriate if lead time demand is normally distributed with a mean of 80 cases and a standard deviation of 5 cases.
During the business hours, all the customers have appointments and the shop has one customer exactly every 20 min. . The average service time is 36 min. With a standard deviation of 6 min. Assume that all the customers are indifferent among the 2..
How do you determine if the conclusions of empirical research are logically supported or not? Do conclusions that are not logically supported invalidate the entire study? Why or why not?
The solution is detailed and dsecribes the concepts very well. The solution is very simple to understand as well. All the steps are clearly shown which makes it very easy for anyone to follow. Overall, an excellent response to question being asked..
Construct a product structure. Classify all levels, parents as well as comp1nts. Prepare a time-phased product structure.
Three hundred boxes are to be shipped and each box has a price of $140. Which shipping alternative would you recommend. Explain.
Why positive ratio specifies reduced from present resource also negative ratio specifies increased from present resource.
ssuming transportation costs are $1 per load per meter, develop a suitable layout that minimizes transportation costs using the given information. Compute the total cost.
Illustrate what are some of the problems AECS facing. Are they inherent in its model or they could be rectified while keeping the model intact.
Your current equipment is fully depreciated and can produce the 2,000 units per year at a margin of only $4.00 per unit. Should you purchase the new equipment. Under illustrate what conditions.
Find the optimal solution using the graphical method (the number of products manufactured and maximum profit to be achieved). Find the optimal solution by making use of Excell solver.
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