It is your responsibility, as the new head of the automotive section of nichols department store, to ensure that reorder quantities for the various items have bene correctly established. you decide to test one item and choose michelin tires, xw size 185 x 14 bsw. a fixed-order quantity inventory system has been used: you examine the records and come up with the following data: cost per tire $35 each holding cost 20% of tire cost per year demand 1,000 per year ordering cost $20 per order standard deviation of daily demand 3 tires delivery lead time 4 days because customers generally do not wait for tires but go elsewhere, you decide on a service probability of 98 percent. assume the demand occurs 365 days per year.

a. determine the order quantity.
b. determine the re-order point.
c. suppose you are asked to reduce the safety stock for this product by 50%, what will the new service level be?

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?