Business, 27.06.2019 03:50 Marissa101

Your firm uses a periodic review system for all skus classified, using abc analysis, as b or c items. further, it uses a continuous review system for all skus classified as a items. the demand for a specific sku, currently classified as an a item, has been dropping. you have been asked to evaluate the impact of moving the item from continuous review to periodic review. assume your firm operates 52 weeks per year; the item's current characteristics are: demand (d)equals14 comma 560 units/year ordering cost (s)equals$135.00/order holding cost (h)equals$4.00/unit/year lead time (l)equals7 weeks cycle-service levelequals97% demand is normally distributed, with a standard deviation of weekly demand of 80 units. a. calculate the item's eoq. eoqequals 992 units. (enter your response rounded to the nearest whole number.) b. use the eoq to define the parameters of an appropriate continuous review and periodic review system for this item. refer to the standard normal table when necessary. under a continuous review system, order nothing units whenever the inventory level drops to nothing units. (enter your responses rounded to the nearest whole number.)

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 10:10

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

Answers: 1

Answer

Business, 22.06.2019 14:30

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Answers: 1

Answer

Business, 22.06.2019 16:00

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)

Answers: 2

Answer

Business, 22.06.2019 19:10

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form

Answers: 3

Answer

You know the right answer?

Your firm uses a periodic review system for all skus classified, using abc analysis, as b or c items...

Questions