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At a local Costco, there are exactly 4 types of ink-jet printers. The weekly demand for printers is estimated to be normally distributed with mean 360. The 4 brands have equal market share on average at that Costco, and the standard deviation of demand for each type is 30 units/week.Assume that printer demand is independent across brands (suspend your belief in substitution for a while...). Two of the competing brands operate a warehouse each in Central Valley and take 4 and 5 days to replenish an order, respectively, while the third and fourth competing brands operate warehouses each in the NoCal region and takes 6 and 7 days, respectively, to deliver a replenishment order. Costco sets a stringent target of 99% fill rate, which means customers should not face stock-outs under any normal circumstances.1. What is Costco's safety stock for each brand of printer?2. What is Costco's reorder point for each brand of printer?The store manager for Costco is a person who hates inventory. She observes that Costco's shelves are overflowing with printer pallets, so she comes up with the brilliant idea to ask the suppliers to reduce the price in exchange for footing the bill for holding all that inventory.3. Suppose printer holding costs are $5/unit/week (which also accounts for the obsolescence costs), what is the price discount in absolute $, she should ask for from each supplier to offset the holding costs?4. What is your inference regarding the price savings Costco can pass on to its customers for every day it saves in supplier lead times for replenishment?
Using what you have researched and studied throughout Modules 1 - 7, write a report addressing a quantitative analysis (QA) project
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please link to an advertisement that exemplifies consumption as described in the text and define its relation to the material in the text
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Best Buy continuously reviews its DVD?player inventory levels. For one particular high selling item, it currently buys 250 on each order. Demand is 5200 per year with a standard deviation of 30 per week.
Collect a small representative sample of secondary data related to career aspirations. Fifteen is the recommended sample size. The data can be collected from observations, surveys, or historical records.
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term project ( one in which its cash flow occurs in a distant future) more sensitive to changes in the WAAC than that of short term projects?
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How much time would you expect to wait to clear Border Control if you are the very first passenger from the 6:50am flight on the queue? Please note that the waiting time depends on your passport issue country.
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