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Q. A flower shop uses 800 clay pots a month. Pots are purchased at $2 each. Annual carrying costs are approximate d at $0.60 per pot per year and ordering costs are $20 per order. Manager has been currently using an order size of 1600 flower pots per order.
Illustrate what is number of orders per year if manager uses current order quantity of 1600. Also illustrate what is number of orders per year if manager uses Economic Order Quantity?
Illustrates what is maximum number of application per hours that can be handled by present configuration of process.
daily demand for a product is approximately normally distributed with a mean of 138 and a standard deviation of 24 units. Order lead time is 9 days. Illustrate what is appropriate reorder point (in units) if target service level is 82%.
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.
If the blend needs to score at least 300 points for shade tolerance, 400 points for traffic resistance also 750 points for drought resistance, describe how many pounds of every seed should be in the blend. Describe how much will the blend cost.
Customers arrive at Paul Harrold's Styling Shop at a rate of 3 per hour, distributed in a Poisson fashion. Paul can perform haircuts at a rate of 5 per hour, distributed exponentially. Find the average number of customers waiting for haircuts.
Let's say your market research firm is hired to assist retail store that is interested in revamping their overall store format in an effort to keep people in their store longer.
Illustrate what factors must be considered in assessing legal sufficiency of an offer, acceptance and consideration in determining whether a contract is enforceable.
Based first on your analysis of survey data and n on your analysis of crossover charts, give a justification for each location. Give a complete list of reasons for not selecting each of 3 sites. Prepare a crossover chart based on information given.
Illustrate what are some of key technology elements that you see in your daily shopping. Illustrate what do you think will be next big technology development in order processing.
Identifies which alternative Goleb transport must take. The market for the repair could be either favourable (event1) or unfavourable (event2). George has constructed a payoff matrix showing the expected returns of every alternative also the probab..
Give an example of every type of channel partner. Explain how channel partners rely on every other to sell their products also services. Give particular examples.
Resistors for electronic circuits are manufactured on a high-speed automated machine. Machine is set up to produce a large run of resistors of 1,000 ohms each. illustrate what comments can you make about process.
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