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!
Gentle Ben's bar and restaurant uses 5000 quart bottles of an imported win each year. The effervescent wine cost$3 per bottle and is served only in whole bottles because it loses its bubbles quickly. Ben figures that it costs $10 each time an order is placed and holding costs are 20 percent of the purchase price. It takes three weeks for an order to arrive. Weekly demand is 100 bottles (closed two weeks per year) with the standard deviation of 30 bottles.
Ben would like to use an inventory system that minimizes inventory cost and will provide a 95 percent service probability.
a. What is the economic order quantity for Ben to order?
b. At what inventory level should he place an order?
Compare and contrast the marketing mix and target market for a bike shop in your community with an online provider of bicycles
Consider a single server queuing system. A customer arrives every .6 minutes. It takes the cashier 20 seconds on average to cash out a customer.
As a part of quality improvement initiative, IBM employees complete a three-day training program on teaming and two- day training program on problem solving. Develop a mathematical linear programming model that can be used to determine the number of ..
Define the terms Performance Management, Performance Evaluation, and Performance Feedback and explain how each of the three tools is used in the workplace.
Select a component or finished good that you are familiar with that is sourced from a low-cost country. Develop a total cost value proposition to evaluate the potential of continuedsourcing from low-cost country. what is the direction for each of the..
Hershey needs your assistance in developing a clear organizational chart. Some of its top executives believe the company needs a divisional by product type structure, and other believe the firm needs a divisional by geographic type structure. Hers..
Your company owns a piece of land and is in the middle of purchasing this property to expand their footprint in the community. At the last minute
In the facility design, who are the stakeholders and how influential is their input to the design project? Why do you think health care facility building is so expensive? What drives costs? Thinking about your own community and the major health care ..
A plant manager needs to decide whether to expand the capacity of the plant. There are two states of nature: favourable and unfavourable. In favourable market conditions the plant would make an additional $50,000 when expanded. In unfavourable market..
Suppose that the specifications for a part (in inches) are 6.00 +- 0.05, and that the Taguchi loss function is estimated to be L(x) = 6,800 (x-T)2. Determine the economic loss if x = 6.09 inches.
Explain the importance of audience demographics. Describe why audience analysis is important and how it can affect or change your presentation. How might the audience demographics change with a change in geographic location--be specific, providing de..
Periodic preventive maintenance is carried out on aircraft engines, where an important component must be replaced. The number of aircraft scheduled for such maintenance over the next 6 months is estimated
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