What is the optimal order quantity of yolo

Assignment Help Operation Management

Reference no: EM131900429

Question: You work at Fineze, a retailer that sells wine of various quality and prices. Fineze orders two types of wine, Xylo and Yolo, from a France wine distributor. The cost of placing an order is $ 500 and the annual holding cost rate of Fineze is 14.0 %. The lead time is 2 weeks and Fineze only pays for the goods when the shipment arrives at their distribution center. Assume that there are 48 weeks in a year.

The annual demand for the more popular wine variety, Yolo, is also very stable at 31764 bottles. The costs of Yolo is $ 93 per bottle. The cost of placing an order, the annual holding cost rate and the lead time are the same as Xylo, and, again, Fineze only pays for the goods when the shipment arrives at their distribution center.

What is the optimal order quantity of Yolo? Round it up to the closest integer.

How many weeks are there between each optimal order quantity of Yolo? Leave your answer with two decimal places.

Reference no: EM131900429

Questions Cloud

Who was this violinist and composer : In 1888, a violin player born in Liège gives his first concert at the "Cercle des XX", an association of about 20 Belgian composers. Who was this violinist and

Eurovision song contest several times : Belgium has lost the Eurovision Song Contest several times. Only one Belgian competitor won the contest: a young girl born Sandra Calderone won in 1986.

Compare performance indicator of value recovery and velocity : Compare and contrast the use of the specific key performance indicators of value recovery, velocity, and visibility between forward and reverse logistics models

Belgian city of termonde : The term "Atlas" for a series of uniform geographical maps was first used in a book published in 1595, one year after the death of its author.

What is the optimal order quantity of yolo : You work at Fineze, a retailer that sells wine of various quality and prices. Fineze orders two types of wine, Xylo and Yolo, from a France wine distributor.

Latest spinning and weaving machines : In 1799 a Ghent businessman started a factory with the latest spinning and weaving machines, mostly smuggled out of England. Who was this entrepreneur?

Keep out of german hands till the end of world war i : What part of their territory did the Belgians manage to keep out of German hands till the end of World War I?

Paint the canals and the beguinage : This gave me the opportunity to come to Bruges, paint the canals and the beguinage, and prepare my come-back in British politics. Who was I?

Discuss the main criticisms of LMX theory : In your own words, describe the role of the leader and follower in influencing LMX relationships. Conversely, discuss the main criticisms of LMX theory.

User Account

All Pages