User Account

All Pages

What is the inventory level at the end of january

Assignment Help Operation Management
Reference no: EM132802175

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: EM132802175

Questions Cloud

Find shortcomings to quantitative management : Economic analysis helps to forecast the quantitative performance of a solution alternative. One of the objectives of CMMI-ACQ
Describe how budgets are used in operational plans : 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?
How are budget variances reported in workplace : 1. An establishment currently budgets $2,500 each month for printing and stationery. You want to increase this amount by 3%. How much will you allocate in the n
Forecast the quantitative performance of solution : Economic analysis helps to forecast the quantitative performance of a solution alternative.
What is the inventory level at the end of january : 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
What is the adjusting entry : No inventory records are maintained, and the physical inventory count is to be used as a basis for the financial statements. What is the adjusting entry
Development and execution of strategic plan : Discuss how an organization's budget can affect both the development and execution of its strategic plan. Similarly, how could a strategic plan affect an organi
Discuss an example of a financial metric : What are the similarities and differences? Why is it important to use the correct type of metrics when evaluating performance? Why should you incorporate both t
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

  Based on recruitment and retention of employees

Describe why a healthcare organization may select Lag the market as part of their compensation program based on recruitment and retention of employees?

  Prepare an analysis of economic data and business data

Prepare an analysis of economic data and business data to explain how the core economic principles impact the sustainability of the firm.

  What is the optimal number of orders per year

Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of Its SKUs at a constant rate of 30,000 Units per year. It costs Leaky Pipe $10 to process an order to replenish stock and $1 per unit per year to carry the item in stock. What ..

  Popular spot that specializes in international gourmet foods

Harvey’s Specialty Shop is a popular spot that specializes in international gourmet foods. What is the value of R?

  What are some of your professional goals

MGT501 : What are some of your professional goals? How does what you have learned relate to the present and future?

  Management issues central to strategy implementation

Discuss the relationship between the management issues central to strategy implementation, as listed in Table 7-1 on p. 208 of the text and the ways and means for altering an organization’s culture, as listed in Table 7-11 on p. 228 of the text.

  Diffusion of a product in the marketplace

What are the primary factors associated with the diffusion of a product in the marketplace? Explain how diffusion relates to the development of new products within an organization.

  Calculate the utilization-efficiency and productivity

The operations manager from Q4 creates an 8 hour shift with a 30 minute lunch and two 10 minute breaks, one in the morning and one in the afternoon. Calculate the utilization, efficiency, and productivity. Will the owner be satisfied?

  What is mid-term bargaining

What is mid-term bargaining? What are the critical elements of the case and why are they critical?

  The closer the smoothing constant

The closer the smoothing constant, a, is to 0 (zero)

  Demand at nature trails ski resort has seasonal pattern

Demand at Nature Trails Ski Resort has a seasonal pattern. Demand is highest during the winter, as this is the peak ski season.

  Disputes to arbitration instead of to litigation in courts

What are advantages of submitting contract disputes to arbitration instead of to litigation in courts?

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