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Q. Problem 1:
A power plant in California uses coal at the rate of 80,000 pounds each day. It also uses MRO material at the rate of 800 pounds each day. The coal comes from Wyoming also the MRO material comes from Chicago. Coal prices $0.02 per pound, whereas MRO material prices $10 per pound, on average. Holding prices at the power plant are 25 percent. Transportation choices available are as follows:
Train:Lead time = 15 days Carload (100,000 pounds) at $400 per carload Full train (50 cars) at $15,000 per train
Truck:Lead time = 4 days Between 10,000 also 25,000 pounds at $0.07 per pound for entire load Between 25,000 also 40,000 pounds at $0.06 per pound for entire load Small TL (40,000 pounds) for $2,000
Safety inventory of coal also MRO materials is kept at twice the consumption during the lead time of supply. Illustrate what mode of transport do you recommend for each of the two products?
Analyze the ways in which the U.S. government regulates product safety and make at least one recommendation for how the regulatory approach of one of the agencies discussed
Southern Markets, Inc., is considering the use of ABC analysis to focus on the most critical SKUs in its inventory. Presently, there are approximately 20,000 different SKUs with a total dollar usage of $10,000,000 per year.
Over past week, plant has rendered an average of 7.3 tons per day because third shift has devoted much of ir time to preventive maintenance. Illustrate what is utilization of plant.
Explain how much could the firm save Yearly in ordering and carrying costs by using the EOQ.
Describe the eventual outcome. Did the venture succeed. Were the peons or the big wigs right. In either case, briefly describe why the eventual result happened.
Illustrate what factors must be considered in assessing legal sufficiency of an offer, acceptance and consideration in determining whether a contract is enforceable.
Finally, she gave account to Paula, a very creative, efficient writer who has had high sales results with her last 3 clients' products. Illustrate what is Janet's management style is based on.
Imagine you are the marketing manager responsible for developing marketing strategy for a bicycle company. Propose the strategic marketing process you will use being sure the name the stages, the activities included in the stages and stage specifi..
A company is operating in 2 unrelated businesses. The first one is making common salt, which is sold in one-kilogram consumer packs.
Elucidate what is the probability which a random number from the triangular distribution is less than 400. Elucidate what is this probability for the normal distribution.
describe whether you relied on external or internal sources of information to help you make every decision also whether you think you were more linear or nonlinear in describe how you processed which information.
Illustrate what steps/actions would an organization take to decide whether the transportation activity has the appropriate internal competencies to achieve competitive advantage.
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