User Account

All Pages

What is the inventory level

Assignment Help Operation Management
Reference no: EM132800060

Consider a firm that operates a cannery. All fish brought in by a fleet of fishing boats are processed at the cannery. The firm also has a freezer of unlimited size that stores unprocessed fish. Assume that the freezer is empty in the beginning of the year. There are three seasons. The fleet yields 11400 tons/month during the first third of the year, 15200 tons/month during the middle third, and only 1900 tons/month during the final third. The cannery's processing capacity equals 9500 tons/month.

a. What is the inventory level at the end of January? answer in tons.

b. What is the inventory level at the end of February?

c. What is the inventory level at the end of May?

d. What is the inventory level at the end of August?

e. What is the inventory level at the end of September?

f. What is the inventory level at the end of December?

g. What is the average monthly inventory (in tons)?

h. What is the average system throughput rate?

i. Determine the average waiting time of fish in the freezer (= average time spent in the freezer before being processed). Answer in months

Reference no: EM132800060

Questions Cloud

Advantage in communicating value to customers : Strategies associated with particular marketplace advantages are what allow one company to position itself uniquely from its competitors.
What are the features and budgeting processes : 1. There are a range of factors that affect how physical resources are procured. What is the strongest influence in your workplace or training environment?
Understanding of performance of selected processes : Economic analysis helps to forecast the quantitative performance of a solution alternative. One of the objectives of CMMI-ACQ
Journalize all entries required on the dates : Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable
What is the inventory level : Consider a firm that operates a cannery. All fish brought in by a fleet of fishing boats are processed at the cannery. The firm also has a freezer of unlimited
Example of financial metric and nonfinancial metric : Discuss an example of a financial metric and a nonfinancial metric. What are the similarities and differences?
Measure in business operations : What aspects of performance are important to measure in business operations? What is your rationale? Why are performance measurement strategies needed?
Find the material price variance : The standard usage for raw materials is 5 pounds at $4 per pound. ABC used 3,150 pounds to produce 600 units of finished product. Find material price variance
What is supply chain management : What is supply chain management, and how would your supply chain members add value to your customer?

Reviews

Write a Review

Operation Management Questions & Answers

  Purchasing function and evolution of supply management

What are your thoughts about the purchasing function and the evolution of supply management in the 21st Century? Based on your experience or readings, discuss how Supply Management and in particular Supply Chain Management benefits organizations in t..

  Research and development is one of the greatest assets

The GoVenture experience was one that I learned a great deal from. Research and Development (R&D) is one of the greatest assets.

  Discuss some of the aspects of the transfer of training

discuss some of the aspects of the transfer of training. What are the primary factors that play a role in the success of the process?

  What accounts for the difference between two environments

What accounts for the difference between the two environments? What does the contrast teach about how to construct an environment where the truth is heard?

  What are the pros and cons of building capacity

What are the pros and cons of building capacity before demand is realized? What are the disadvantages and advantages of building capacity after demand has been realized?

  Culture eats strategy for breakfast

Look up the quote "Culture eats strategy for breakfast." and explain what it means in terms of teamwork.

  Imports merchandise manufactured in argentina

ABS Products Inc., a High Point, North Carolina-based furniture company, imports merchandise manufactured in Argentina(AR).

  Customer service can be seen as a kind of emotional labor

Customer service can be seen as a kind of emotional labor. How can you reduce stress and prevent burnout if you are a customer service representative? paragraph please

  What are total costs for the break-even quantity

What are total revenues for the break-even quantity? What are total costs for the break-even quantity?

  Picture an audience who is undecided about the issue

Picture an audience who is undecided about the issue or against your position. Explain your position to your audience early in the paper and make your best case for your position. Develop one argument per body paragraph. Give a minimum of three argum..

  Retail clothing outlet that serves the tween market

Scenario: You are the Communications Officer at Cool Cats, a retail clothing outlet that serves the tween market.

  Dimensions of long-term care management an introduction by

Dimensions of Long-Term Care Management An Introduction By: Mary Helen McSweeney-Feld,Carol Molinari,Reid M Oetjen

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd