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!
Office Supreme, Inc., a local retailer of office supplies, faces demand for one of its inventoried items at a constant rate of 30,000 units per year. It costs Office Supreme $20 to process an order to replenish stock and $2 to carry the item in stock. The unit cost is $5.00. Stock is received 4 working days after an order is placed. Currently the store does no backordering. Assume 300 working days per year.
a. What is Office Supreme's optimal ordering quantity and optimal associated cost?
b. What is the optimal interval (in working days) between orders?
c. What is the demand during lead-time?
d. What is the inventory position immediately after an order has been placed?
e. Suppose that the store can obtain the units for only $4.00 per unit if they order in lots of at least 1000 units at a time. Should the company take advantage of this discount or not? Show all work.
f. Suppose that the store wants to consider a stockout strategy. They estimate the cost of back ordering to be $3 per unit per year. What is the optimal policy and cost of such a strategy? Show all work and draw a diagram of this policy.
Assume that a company near you wanted to expand into foreign markets. What issues should that company explore before deciding whether
company will offer staples and frozen foods in a large metropolitan area and then deliver them within a customer-defined window of time. You plan to partner with two major food stores in the area
What are the challenges faced in training expatriate managers? How would you design an effective expatriate traning program?
Categorize different scheduling procedures for various types of service operations, such as restaurants, hospitals, and airlines.
You will require including information such as cost, compatibility with current systems also work flow processes, functionality, ease of use also end user support.
What challenges exist for companies as their market grows suddenly and exponentially?
This posting describes what is marketing research. It states the many ways to conduct the research, as well as how the internet has impacted field.
Explain how could Stryker utilize insights gained from the experiences of the Freiburg team to address the ongoing quality problems with the actual orthopaedic implants.
Illustrate what is the probability of completing this project among 38 and 40 days. Illustrate what are the slack values for activities C and F? Interpret the meaning of their slack values.
Compute labour productivity for each of weeks. On basis of your calculations, illustrate what can you conclude about crew size also productivity.
onsider the following bill of material. Fifty units of Product A are required. Assuming no on-hand inventory, explode the bill of material. If 17 Ps are required also no on-hand inventory exists for any items, elucidate how many Cs will be require..
Discuss the advantages to locating manufacturing, assembly or distribution facilities in countries with relatively low wages.
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