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A chemical plant orders Chemical X that is used at the rate of 800 barrels per year. Each order that is placed with the supplier costs $45 to process and the annual cost to hold inventory is $80 per barrel. Delivery lead time of the barrels has averaged 6 days and the plant manager has set a safety stock level of 16 barrels.
a) What is the economic order quantity?
b) What is the total holding cost for the year?
c) What is the total ordering cost for the year?
d) How many orders will be placed each year?
e) The next order should be placed when inventory drops to what amount? (assume 365 days in one year for converting annual demand to daily demand)
How many companies closed down their pension plans in each of those three years?
A rectangular swimming pool 60 ft long, 10 ft wide, and 12 ft deep is filled with water to a depth of 11 ft. Use an integral to find the work required to pump all the water out over the top. (Take as the density of water delta = 62.4 hbox{lb/ft}^3..
Write a Matlab script to do the following. Assign m and n to 3 and 4 respectively, create a m by in matrix with terms a_ij=i*j and call t A and then multiply A by random 4x4 matrix
Car license plates in California take the form of 1RTY345. If zero cannot be used in the first position and repeats are allowed in the other 6 positions, how many license plates are possible?
A long straight fence having a pole every 8 ft is 1440 ft long. How many fence poles are needed for the fence?
Let C denote the circle |z| = 1, taken counterclockwise, and use the following steps to show that By using maclaurin series for e^z write the above integral as
Prove that the regression line passes through the centroid
You solution must contain all work necessary to solve the problem. In addition, you must include complete explanation of your reasoning and the explanations of the steps you took toward the solution.
Use the coordinates (1997, 1.26) and (2006, 2.31) to find the slope, or rate of change, between th two points. Describe how you arrived at your answer.
From this sample she found that the average height was 4.5 meters with a standard deviation of 0.4 meters. Assume that the distribution of the heights of these trees are not strongly skewed and do not have any outliers.
A spinner is used for which it is equally probable that the pointer will land on any one of six regions. Three regions are colored red, two are colored green and one is colored yellow
A water storage tank has the shape of a cylinder with diameter 22 ft. It is mounted so that the circular cross-sections are vertical. If the depth of the water is 20 ft, what percentage of the total capacity is being used? (Round the answer to one..
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