AGEC 622 LP Homework 4 new

Q1 needed to be solved correctly By hand solution needed

Problem 16-16 (Algo) The McDonald's fast-food restaurant on campus sells an average of 7,200 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week, and on average the store has 795 pounds of hamburger in stock. Assume that the hamburger patties cost $4 a pound and there are 52 weeks in a year. a. What is the Inventory turnover for the hamburger pattles? (Round your answer to 2 decimal places.) Inventory turnover ratio per year b. On average, how many days of supply are on hand? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Average days of supply

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OPERATION RESEARCH

Problem 16-16 (Algo) The McDonald's fast-food restaurant on campus sells an average of 4,800 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week, and on average the store has 465 pounds of hamburger in stock. Assume that the hamburger patties cost $3 a pound and there are 52 weeks in a year. a. What is the inventory turnover for the hamburger patties? (Round your answer to 2 decimal places.) Inventory turnover ratio per year b. On average, how many days of supply are on hand? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Average days of supply

Operations Management CH 11 Please show work and explain. Thank you. Question 4

Su;bject: Logistic Management Q): What are the causes of poor inventory management & how manager control it & manage poor inventory? Q): What challenges faces in reverse logistic?

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Fat(g) Item cost($) $0.25 $0.15 $0.10 $0.09 $0.03 $0.04 $0.02 $0.04 Item Sodium(mg) Calories Beef Ratty.m 50 17 220 260 330 310 Bun Cheese 70 Onions 1 10 Pickles 260 5 wer Lettuce 3 4 Ketchup 160 20 Tomato 3 As the owner of a fastfoad restaurant with declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded with everything as long as it meets certain health requirements. Money is no object to them. The ingredient list in the table shows what is available to include on the burger. You must include at least one of each item and no more than five of each item. You must use whole items (for example, no half servings of cheese). The final burger must contain less than 3000 mg of sodium, less than 150 grams of fat, and less than 3000 calories. To maintain certain taste quality standards you'll need to keep the servings of ketchup and lettuce the same. Also, you'll need to keep the servings of…

Can you assist me with Chapter 12 Question 9 it has two parts, Please show the steps it's easier to follow along instead of an excel spreadsheet. Thank you

Problem 12.1L. Houts Plastics is a large manufacturer of​ injection-molded plastics in North Carolina. An investigation of the​ company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification​ system? ​(Rounddollar volume to the nearest whole number and percentage of dollar volume to two decimal​ places.)L. Houts Plastics Charlotte Inventory LevelsItem CodeAvg. Inventory​ (units)Value​($/unit)DollarVolume​% of Dollar Volume12893803.75nothingnothing23473004.001 comma 20036.3223491202.503009.082363751.80nothingnothing2394601.751053.182395251.75nothingnothing6782201.15230.707844122.05250.748210101.60nothingnothing831072.00140.42911163.00180.543 comma 304Enter your answer in the edit fields and then click Check Answer.

Question 1 Consider again managing inventory for product 101, provided by Supplier A. Recall thatdemand for 101 is approximately d = 200 units per week. You pay a purchase cost p = $500per unit and value your inventory at r = $550 per unit. You estimate your inventory carry-ing cost rate at r = 18% per year; storing one item of product 101 in your DC requires anequivalent rent (storage cost) of s = $10 per unit per year.Use truckload shipping for your orders of product 101; recall then that your total fixedcost (k + F ) = $900 for any order of size no greater than Q = 700 units. You estimate atotal lead time (order processing plus transit time) of 12 days for these shipments.To reduce your logistics costs, you decide that it might be worthwhile to backorder someof the customer demand you face each cycle. When backordering, you will delay your out-bound shipping of some of your customers’ orders.

Problem 12-5 (Algo) Garden Varlety Flower Shop uses 810 clay pots a month. The pots are purchased at $3.30 each. Annual carrying costs per pot are estimated to be 20 percent of cost, and ordering costs are $15 per order. The manager has been using an order size of 1,750 flower pots. a.What additional annual cost is the shop incurring by staying with this order size? (Round your optimal order quantity to the nearest whole number. Round all other intermediate calculations and your final answer to 2 decimal places.) Additional annual cost b.Other than cost savings, what benefit would using the optimal order quantity yield (relative to the order size of 1,750)? (Use the rounded order quantity from Part a. Round your final answer to the nearest whole percent.) About % of the storage space would be needed.

Explain answer for all parts of the question

How do I do Question 1?

Q2) Groundz Coffee Shop uses 4 kgs of a specialty tea weekly; each kg costs $16. Carrying costs are $1 per kg per week because space is very scarce. It costs the firm $8 to prepare an order. Assume 52 weeks per year. How many kgs of tea should Groundz order at a time? What is total annual cost. How many orders should Groundz place annually. Q2) Groundz Coffee Shop uses 4 kgs of a specialty tea weekly; each kg costs $16. Carrying costs are $1 per kg per week because space is very scarce. It costs the firm $8 to prepare an order. Assume 52 weeks per year. How many kgs of tea should Groundz order at a time? What is total annual cost. How many orders should Groundz place annually.

Q3. What is inventory management? Explain in brief 4 functions of inventory management.

Subject: Logistic management Q): Calculate EOQ where as Annual demand is 2543570 units Ordering cost per order is  78, Inventory carrying cost per unit is 167

Please help to solve the problem.

Can you assist me with Question 12.42. Please right out the steps it's easier to understand verses on the excel spreadsheet. If you do it in excel can you make it easy to follow along to. Thank you kindly.

Please do not give solution in image format thanku  1) Determine which shipping alternative would be most economical to ship 80 boxes of parts when each box has a price of $200 and holding costs are 30 percent of price, given this shipping information: overnight, $300, two-day, $260, six-day, $180.

b. Forward Thinking Limited (FTL) has used a fixed-time period inventory system that involvedtaking a complete inventory count of all items each month. However, increasing labor costs, areforcing FTL, to examine alternative ways to reduce the amount of labour involved in inventorystockrooms, yet without increasing other costs, such a shortage costs. Table 4 (below) is arandom sample of 20 FTL’s items.6Table 4. Annual Usage by Value of a sample of FTL’s InventoryItem Number Annual Usage ($) Item Number Annual Usage ($)1 10,700 11 2,8502 14,100 12 1,5003 4,100 13 3,3004 16,100 14 2,6005 8,200 15 110,1006 1,900 16 14,9007 84,100 17 9,6008 990 18 1,8009 1040 19 3,80010 94,100 20 12,600 (i) What would you recommend FTL to do to cut back its labor cost? (Illustrate using an ABCplan).

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Ch 7 Q7