Reference no: EM133335176
Assignment:
Problem:
The Stratosphere Corporation stocks part number MGT660, which it needs for the manufacturing of advanced communications satellites. Stratosphere's annual usage rate (i.e., its demand rate) for part MGT660 is constant and known to be 5000 units/year. The part is purchased at a cost of $200.0/unit from an independent supplier in West Lafayette, IN. Stratosphere's annual inventory holding cost for MGT660 is 25% of the per-unit purchase cost.
a. Each time Stratosphere places an order for part MGT660, it orders 120 units. The purchasing department at Stratosphere claims that this is the optimal order quantity. If the purchasing department is correct, what must be Stratosphere's fixed ordering cost, S?
For all of the remaining parts of this question, assume S = $112.5 per order (irrespective of your answer in Part a.) Assume D = 5,000 per year, purchase price $200 per unit and inventory holding cost of 25%.
b. What is Stratosphere's optimal order quantity?
c. Suppose that due to space limitations, Stratosphere's maximum order quantity is limited to 100 units. Taking this into account, what is the best order quantity?
d. Since Stratosphere has space to hold no more than 100 units, the owners of the warehouse next door are willing to offer space for up to 40 more units. What is the maximum annual rent that Stratosphere should be willing to pay to these warehouse owners?
|
What are the worker laws
: What are the worker laws, average wages and compensations given in Canada and India given to workers?
|
|
Explain your skills to be a best candidate in supply chain
: Design a resume and explain your skills to be a best candidate in supply chain & logistics.
|
|
Identify the hazard and hazardous properties
: Using the Hierarchy of Controls, describe techniques or technologies for each level in the hierarchy that would address the hazard in #1 above.
|
|
However increased stakeholder involvement
: In agile projects, however, increased stakeholder involvement and faster decision making are often required.
|
|
What must be stratosphere fixed ordering cost
: Suppose that due to space limitations, Stratosphere's maximum order quantity is limited to 100 units. Taking this into account, what is the best order quantity?
|
|
Discuss trends in km
: Discuss trends in KM. How will KM change in the next 10, 20, etc. years? How is big data impacting the IT side of KM?
|
|
Identify the key market segments that are served
: Identify the key market segments that are served, and the main opportunities and threats presented by current industry trends;
|
|
Identify the major global trends that affect the company
: Identify the major global trends that affect the company, analyze the impact of those trends on the company, and identify sources you, as the CEO.
|
|
Identifying project resource risk
: Identifying Project Resource Risk Document a resource risk from a past or current project of yours and include the following: A description of the issue.
|