Mathematics, 06.04.2021 04:40 rhineharttori
Demand for a specific design of dinning sets has been fairly large in the past several years and Statewide Furnishings, Inc. usually orders new dinning sets 10 times a year. It is estimated that the ordering cost is $400 per order. The carrying cost is $50 per unit per year. Furthermore, State Wide Furnishings, Inc. has estimated that the stock out cost is $120 per unit per year. Based on forecast, the annual demand is 600 units. State Wide Furnishings, Inc. has 350 working days in a year and its lead time is 14 working days. Assume the inventory policy of Statewide Furnishings, Inc. does not allow stock out. Determine the economic order quantity.
1. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the maximum allowable shortage.
a. 117.
b. 98.
c. 34.
d. 24.
2. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual ordering cost.
a. 592.82.
b. 1472.01.
c. 2051.28.
d. 4116.11.
e. none of the above.
3. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual holding cost.
a. 592.82.
b. 1472.01.
c. 2051.28.
d. 4116.11.
e. none of the above.
4. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual shortage cost.
a. 592.82.
b. 1472.01.
c. 2051.28.
d. 4116.11.
e. none of the above.
5. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual total relevant, including ordering, holding and shortage, cost.
a. 592.82.
b. 1472.01.
c. 2051.28.
d. 4116.11.
e. none of the above.
6. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the reorder point.
a. 10.
b. โ10.
c. 34.
d. 24.
e. none of the above.
Answers: 2
Mathematics, 21.06.2019 14:00
Tracy solved the following problem. which of the statements is true? 9 รท 3 + 6 ร 2 3 + 6 ร 2 9 ร 2 18 her answer is correct. her answer is incorrect. she should have multiplied before dividing. her answer is incorrect. she should have multiplied before adding. her answer is incorrect. she should have added before dividing.
Answers: 1
Mathematics, 21.06.2019 18:00
Suppose sat writing scores are normally distributed with a mean of 497 and a standard deviation of 109. a university plans to award scholarships to students whose scores are in the top 2%. what is the minimum score required for the scholarship? round your answer to the nearest whole number, if necessary.
Answers: 2
Mathematics, 21.06.2019 20:00
Cody started biking to the park traveling 15 mph, after some time the bike got a flat so cody walked the rest of the way, traveling 4 mph. if the total trip to the park took 6 hours and it was 46 miles away, how long did cody travel at each speed? solve using rate times time= distance
Answers: 1
Mathematics, 21.06.2019 21:30
How does reflecting or rotating a figure change the interior angles of the figure?
Answers: 2
Demand for a specific design of dinning sets has been fairly large in the past several years and Sta...
English, 15.10.2020 09:01
Mathematics, 15.10.2020 09:01
Computers and Technology, 15.10.2020 09:01
Physics, 15.10.2020 09:01
Geography, 15.10.2020 09:01
Mathematics, 15.10.2020 09:01
Mathematics, 15.10.2020 09:01
Mathematics, 15.10.2020 09:01
Mathematics, 15.10.2020 09:01
English, 15.10.2020 09:01