Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet for 500 people, they did not have enough knives. She decides she needs to order some more silverware, but wants to take advantage of any quantity discounts her vendor will offer. >For a small order (2,000 pieces or less) her vendor quotes a price of $1.80/piece. >If she orders 2,001 to 5,000 pieces, the price drops to $1.60/piece. >5,001 to 10,000 pieces brings the price to $1.40/piece, and >10,001 and above reduces the price to $1.25/piece. Lisa's order costs of $195 per order, her annual holding costs are 5%, and the annual demand is 40,400 pieces. For the best option, (the best option is the price leve that results in an EOQ within the acceptable range). A) What is the optimum ordering quantity? B) What is the annual holding cost? C) What is the annual ordering cost? D) What is the annual cost of the silverware with an optimal order quantity? E) What is the total annual cost, including ordering, holding, and purchasing the silverware?
A powder metal (PM) manufacturing line produces bushing in three steps, compaction, sinter-harden, and rough/O?nish turn, which are accomplished at three single machine stations with average processing times of 12, 10 and 6 minutes, respectively.
There are three types of economic integration, namely: global, regional, and local. Purchasing power parity is the price of one currency in terms of another.
The two shift supervisors are at each other's throats, and you have to do something to correct the situation. What is the basic problem causing this conflict? What could you do to solve it?
A product has average daily demand of 50, a daily standard deviation of 2.5, a lead time of 4 days, and there are 100 on hand. The lead time is 4 days and the order Interval is 14 days. If the company desires a 98% service level, calculate the reorde..
Suppose that Boone is working on a similar but smaller problem for another client, and they are considering only two media alternatives, evening T.V. and the daily newspaper. This second problem can be modified as follows
Assume you have just been assigned to a project risk team of five members. Because this is the first time your organization has formally set up a risk team for a project, it is hoped that your team will develop a process that can be used on all fu..
What issues are likely to arise in a developing country when a global giant like Coca-Cola begins operations there? What kinds of advantages does such an expansion bring to the globalizing organization? Support your thoughts with research.
Moreover, the traffic report from the WXPN traffic chopper states that there is an average of 24 cars going in your direction on a one-quarter mile part of the highway. What is the flow rate of the highway (going in your direction) in cars per hou..
Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses.
Explain how you could use JIT or Lean methods to make your life more efficient. Identify an activity or task which you do regularly also discuss application of JIT or Lean methods to eliminate waste.
JetRed Airways flies several daily flights from Philadelphia to Chicago. Based on historical data, the flight on Wednesday evening before Thanksgiving is always sold-out. However, there are usually no-shows so the airline decides to improve reve..
The government spends a large amount of money each year on contracts. In fact, the federal procurement department spent over $425 billion in the fiscal year 2006 with over $33 million on Lockheed Martin Corporation alone.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd