Lettuce each day to ensure really fresh produce

Assignment Help Operation Management

Reference no: EM131137057

The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy fresh lettuce for $3.00 a box. The lettuce is sold for $11.00 a box and the dealer that sells old lettuce is willing to pay $1.10 a box. Past history says that tomorrow's demand for lettuce averages 225 boxes with a standard deviation of 32 boxes. Required: How many boxes of lettuce should the supermarket purchase tomorrow?

Reference no: EM131137057

Questions Cloud

Single-server queuing analysis : Single-Server Queuing Analysis The Center for the Arts has one single ticket station open in person throughout the day. It takes a customer service representative 5 minutes to start and finish a ticket order. Patrons arrive to purchase tickets at a r..

What shipping fee should they negotiate with the supplier : A large scale pharmaceutical manufacturing company estimates, based on a shipping fee of $1000 per order, that they can optimally balance inventory holding costs and shipping costs for one of their frequently used chemicals if they receive shipments ..

Landscape designers use coordinate geometry and algebra : Landscape designers often use coordinate geometry and algebra as they help their clients. In many regions, landscape design is a growing field. With the increasing popularity of do-it-yourself television shows, many homeowners are becoming amateur la..

Who are the informal and formal gatekeepers in the community : Who are the informal and formal gatekeepers in the community? Provide a rationale for your answer that includes how and why you identified these gatekeepers.

Lettuce each day to ensure really fresh produce : The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy..

Make about the research approach and design : In what ways would the type of degree you are pursuing (i.e. applied or Ph.D. research study) impact the way you would approach a research problem?

What are the cycle time and capacity of the revised process : Show how capacity can be increased by using only two pharmacists and two technicians. Draw the diagram of the revised line layout. What are the cycle time and capacity of the revised process?

What is inflation in the early universe : About what fraction of the mass-energy density of the universe is made up of normal matter that we see on earth, like photons, electrons, protons, neutrons, atoms, and nuclei (excluding neutrinos)?

Measured as return on net assets : A new company has non-current assets of $460,000 which will be depreciated to nil on a straight line basis over 10 years. Net current assets will consistently be $75,000, and annual profit will consistently be $30,000. ROI is measured as return on..

User Account

All Pages