Reference no: EM131428142
Simmons Pyrotechnics, Ltd. is interested in optimizing its ordering from its supplier, Skysong Fireworks Co., Ltd. Simmons needs to purchase 125,000 lbs. of fireworks per year to meet demand, and has holding costs of 55% per year. Each order Simmons places costs them $1,500 to execute and ship. Skysong is willing to provide fireworks according to the following price schedule:
0 – 2,499 lbs.: $25.00 per lb.
2,500 – 12,499 lbs.: $24.00 per lb.
12,500 – 24,999 lbs.: $23.00 per lb.
25,000 lbs. +: $21.00 per lb.
Based on these values answer the following:
What is the EOQ for each price point?
What is the “valid” EOQ? In other words, what EOQ corresponds naturally to the price schedule?
What is the quantity Simmons should order to minimize costs?
What is the difference in annual total costs between the answers for parts b and c?
|
Explain vygotsky theory of cognitive social development
: Briefly explain Vygotsky's theory of cognitive social development and the zone of proximal development, providing two examples
|
|
What types of perspectives did your fellowmates display
: Consider the imagery you created in your mind as you interacted with the written version of The Open Window. Describe this imagery and discuss whether it helped you understand the story. Did the imagery or imagined tone change when you listened t..
|
|
Opportunities-challenges of matrix organizational structure
: Define and discuss opportunities and challenges of the matrix organizational structure. Considerable discussion is raised surrounding role clarity. comment on role ambiguity, clarity, and conflict related to matrix organizations. Compare matrix organ..
|
|
Describe the primary characteristics of brain development
: Describe the primary characteristics of brain development in infancy and early childhood. Summarize what research on the nature/nurture question demonstrates as it applies to language acquisition in infancy and early childhood
|
|
What is the quantity simmons should order to minimize costs
: Simmons Pyrotechnics, Ltd. is interested in optimizing its ordering from its supplier, Skysong Fireworks Co., Ltd. Simmons needs to purchase 125,000 lbs. of fireworks per year to meet demand, and has holding costs of 55% per year. What is the “valid”..
|
|
Consider the relationship enhancers and building blocks
: Consider the relationship enhancers and building blocks mentioned by Julie Edell Britton. For each one, think of a for profit and a non profit enterprise that serves as an example.
|
|
Evaluate alphabets market entry decision
: Evaluate Alphabet’s market entry decision through the following market characteristics. Should Alphabet pursue a single market entry or develop a secondary option? Why? How? How would you validate your market assumptions, and what other information w..
|
|
Decision support system
: The purpose of this assignment is to help you learn more about the concepts of Data Mining and Data Warehousing.
|
|
How does the application of a biblical worldview affect
: How does the application of a Biblical worldview affect how you may look at the idea of misbehavior? Haw may the existence of a Creator God affect how one perceives what is acceptable or unacceptable behavior? Be sure to provide scriptural support fo..
|