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High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse.Customer orders are placed; the order is picked and packaged, and then shipped to the customer.A fixed order quantity inventory control system (FQS) helps monitor and control these SKUs.The following information is for one of the calculators that they stock, sell, and ship. Average demand is 12.5 calculators per week; lead time = 3 weeks; Ordering cost =$20/order; Holding cost = $1.20/calculator/year; Number of weeks =52 weeks per year; Standard deviation of weekly demand =3.75 calculators; SKU service level = 90 percent.
What is the safety stock level? (Note: fraction number is allowed)
What is the reorder point?
What is the optimal order quantity?
Based on your answers in the former questions (to avoid possible rounding issues, use the answers you provided in the last few questions), what is the total annual cost including total holding cost (both cycle inventory and safety stock inventory) and total ordering cost?Notice that both cycle inventory holding cost and safety stock holding cost are included. Check your notes on this part.
Talk about the old days! A long-playing record has a radius of 6 inches. How far does a fly sitting on the rim of the record travel after the record has turned around once? (Use pi = 3.14).
r of a concession stand can sell 150 lunches per day at a price of $3 EACH. tHE COST TO THE owner is $2.25 per lunch. Each $0.25 price increase decreases sales by 30 lunches per day. What should be charged to maximize profit?
Ace Computer store receive laptops from 3 different computer vendors. Ace receive 20% of laptop, from B 40% and 40 % from vendor C. The probability of receiving a defective laptop from A is .01, B, .02 and C, .08.
Elena's daughter sold 69 boxes of Girl Scout cookies. She was told that this amount represented 20% of the troop's sale. How many boxes did the troop sell?
Russ, Don, Pamela, and Stephanie are the first names of four friends who all received sports scholarships. Krieger actually has a full ride, because he is a star in two different sports. Use the clues to determine each person's full name.
An open box is to be made from a six inch by six inch square piece of material by cutting equal squares from the corners and turning up the sides. Find the volume of the largest box that can be made
A poster is to have an area of 220 in2 with 1 inch margins at the bottom and sides and a 3 inch margin at the top. What dimensions will give the largest printed area? (Give your answers correct to one decimal place.)
which company is cheaper and by how much per minute?
Math 104: Homework 7. Let S be a subset of R, and let f: S → R and g: R → R be uniformly continuous functions. Prove that the composition g ? f: S → R is uniformly continuous
Family Foods makes jumbo cookies and regular cookies. The ovencan make at most 200 cookies per day. Each jumbo cookie requires 2 ounces of flour, How many of each size cookie should be made to maximize income
Find the Equation of the line which passes through the two given points and Solve the system using the graphing method.
A bank loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 40. If 36 different applicants are randomly selected, calculate the probability that their mean above 208.
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