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High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse. Customer orders are placed, the order is picked and packaged, and then shipped to the customer. A fixed order quantity inventory control system helps monitor and control these SKUs. The following information is for one of the calculators that they stock, sell, and ship.Average demand 12.5 calculators per weekLead time 3 weeksOrder cost $20/orderUnit Cost $8.00Carrying Change rate .15Number of weeks 52 weeks per yearStandard Deviation of weekly demand 3.75 calculatorsSKU service level 90 percentSchedule receipts 20 calculatorsBackorders 2 calculatorsCurrent on-hand inventory 35 calcutors
What is the EOQ.What is the total annual order and inventory holding costs for the EOQ.What is the reorder point without safety stock. What is the reorder with safety stock.
If its holding area at this new location has design and effective capacities of 10,000 and 7,500 prisoners processed annually, respectively, and it plans to be 80% efficient in its use of this space, how many prisoners does the county plan to proc..
Groovy Juice Mixers, Inc. : Groovy Juice Mixers, Inc. mixes specialty drinks out of apple, guava, and papaya juices. Currently it has 1100, 600, and 500 gallons of each of these kinds of juices in inventory, respectively.
A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable variation is from .033 to .047 defective.
Illustrate what is expected (i.e. mean) project completion time. Standard deviation of completion time. Illustrate what is probability project will be completed in time for Kozar to begin marketing new product within 24 months.
Describe an area of improvement for your company or industry of choice. Find two benchmarks for your improvement area.
Evaluate the challenges that for-profit public companies face from recurrent scandals, political attacks and alternative corporate structures such as the B-corp
A toy company has decided to manufacture a new toy tractor, the production of which is made up of six steps. The demand for the tractor is 4800 units per 40-hour workweek.
ABC Airlines has calculated the total costs (fixed and variable) for the passenger service flights between Los Angeles, California and Orlando, Florida. The two methods used were the high-low method and the least squared method.
Prepare an initial response when charged that will attract the interest of the company that posted the RFP?
Descriptive research on narcissistic charismatic's found that they are most likely to: take the time to guide also facilitate the implementation of their vision in the organization press ahead.
Illustrate what is service factor for this system. Illustrate what is average number of these machines in service. Illustrate what impact on machines in service would there be if a second technician were available.
Illustrate what are her options. Is an analyst always in control of this kind of situation. FastPak, the nation's fourth-largest overnight package service carrier, is headquartered.
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