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A special coffeehouse sells colombian coffee at a fairly steady reat of 30 pounds per month. The beans are purchased from a local supplier for $3.20 per pound. The coffeehouse estimates that it costs about $60 in paperwork and labor to place an order for the coffee, and the holding costs are based on a 15% annual interest rate.
a) What is the optimal opder quantity for Colombian coffee?b) If the replenishment lead time in 10.6 months, what is the re-order level based on the on-hand inventory?c) What is the average annual cost of holding and setup cost due to the optimal order?
The stylish hair salon has three stylists who provide services to women. after checking in with the receptionist, in which take a average of 1 minute, the customer hair washed, dried, styled taking an average of 25 minutes.
Expando, Inc., is considering the possibility of building an additional factory that would produce a new addition to its product line. The company is currently considering two options.
The following is a table of activities associated with a project , their duration and what activities each must precede: Activity duration(weeks) precedes A start 1 B,C B 1 E C 4 F E 2 F F end 2 - .
Carpet city recorded the following data on carpet instalations over th past week. Use the data to calculate the average rate (in yards per hour) at which carpet can be installed.
You have been asked by the Chief Financial Officer (CFO) to join a cross function project team to work on a new product concept. The first task is to explain to the team
Supplier would like to deliver sweatshirts once a week. Explain how much will this cost Co-op per year. Under illustrate what conditions would you agree to supplier's proposal.
What are the main selling points that you would stress in this package? Why would you choose those selling points?
Develop a production schedule to produce the exact production requirements by varying the workforce size for the following problem.
Explain what happens after running MRP. From a system/process perspective, what is still required in order to produce finished goods?
Mid-State BankCorp recently declared a 7-for-2 stock split. Prior to the split, the stock sold for $80 per share. If the firm's total market value is unchanged by the split.
If it were necessary to crash to 250 or 240 days, elucidate how would Hill do so, also at illustrate what costs? As noted in case, assume which optimistic time estimates can be used as crash times.
Only one attachment file (a WORD file) can be submitted for grading. You do NOT need to send in your working file from the software "Management Scientist".
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