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Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4000 units and ordering cost = $15 per order. Assume that there are 50 weeks in the work year and 5 working days per week. The lead-time for the product is 2 weeks. The EOQ is:
If 200 units are ordered each time, then what will be the total annual holding cost?
If 200 units are ordered each time, how many orders will be placed in a year?
If 160 units are ordered each time, then the time between orders (in working days) is
If 200 are ordered each time, then what will be the total annual order cost?
assume no safety stock or service level requirement. In order not to run out of stock before the receipt of a new order, at what inventory level should the firm place an order? That is, what is the reorder point equal to?
Upon graduation from college, Bob, Carol, Ted, and Alice formed Kotaku, LP, a limited partnership, to distribute video gaming software over the Internet.
Past history says which tomorrow's demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. Elucidate how many boxes of lettuce should supermarket purchase tomorrow.
Each keg of Dark beer needs 4 minutes of time and 3 gallons of malt extract. Profits for Lite beer are $3.00 per keg and profits for Dark beer are $2.00 per keg. What is the time constraints?
If so, what might they be? Under what conditions might communication in an organization be most effective or productive?
Develop a probability tree showing all marginal, conditional, and joint probabilities.
Boston Electric Generators has been getting many complaints from its major customer, House Station, about the quality of its shipments of home generators.
The second subsystem consists of 5 elements in series every with a failure rate of 1/200. Elucidate what is the overall reliability of the system.
Allen Young has always been proud of his personal investment strategies and has done very well over the past several years. He invests primarily in the stock market.
A student team in a business statistics course wanted to determine if there was a difference in average download times for the three different types of computers
Since the deregulation of the airline industry, fierce competition has forced Global Airlines to re-examine their operations for efficiency also economy. Describe how many agents should Global staff.
Analyze major management liabilities Mogliani Editions face. Propose solutions. Select priority country in which you will develop Mogliani Edition's activities. Clearly identify selection criteria. Do not omit to cite your sources.
An oil refinery produces two products: jet fuel and gasoline. The profit for the refinery is $0.10 per barrel for jet fuel and $0.20 per barrel for gasoline.
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