Jesaki Express, a national package delivery service, charges a base price for overnight delivery of packages weighing 1 pounds or less and a surcharge for each additional pound (or fraction thereof). You are billed $25.31 for shipping a 4.6 pound package and $70.94 for shipping a 23.3 pound package. What is the base price that Jesaki Express charges for packages weighing 1 or less? $ Round to the nearest cent. LA
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- Please only answer D-1 and D-2 Assume that Painless Dental Clinics, Inc., offers three basic dental services. The following are its prices and costs. Priceper Unit Variable Costper Unit Units Soldper Year Cleaning $ 400 $ 220 8,500 Filling 680 660 1,200 Capping 1,550 920 300 Variable costs include the labor costs of the dental hygienists and dentists. Fixed costs of $540,000 per year include building and equipment costs, marketing costs, and the costs of administration. Painless Dental Clinics is subject to a 20 percent tax rate on income. A cleaning “unit” is a routine teeth cleaning that takes about 45 minutes. A filling “unit” is the work done to fill one or more cavities in one session. A capping “unit” is the work done to put a crown on one tooth. If more than one tooth is crowned in a session, then the clinic counts one unit per tooth (e.g., putting crowns on two teeth counts as two units). Required: a. Given this information, how…What is the relationship between purchasing and the classical EOQ model?A 30-minute massage at Massage Envy costs on average about $50. A massage at The Woodhouse Day Spa in contrasts costs about $125 for a 30-minute massage. Unlike physical products whose price is largely dependent on the quality of materials used to produce it, the price of services is often harder to determine What can contribute to the price disparity in the example above? Include in your discussion the characteristics of services discussed in Chapter 13 and presented in the video clips in this module.
- Determine which delivery alternative would be most economical for 50 boxes of parts. Each box costs $434 and the annual holding cost is 20% of the cost. Assume 365 days per year. Overnight delivery option costs $300, and eight-day delivery option costs $125 a. The overnight option is at least $182 cheaper than eight-day b. The overnight option is at least $91 cheaper than eight-day c. The eight-day option is at least $182 cheaper than overnight d. The eight-day option is at least $91 cheaper than overnightI am planning a Holiday Ornament to commemorate the christmas spirit. Forcasted demand for ornaments is normally distributed with a mean of 40,000 with a standard deviation of 15,000 units. The cost per ornament is $3 and are sold to people around the world for $10 each. All unsold ornaments are donated after the holidays without any text deductions for me. How many ornaments should I tell my supplier to produce? What's my expected profit? If the manufacturer were to discount the price to me to $2.75 if I ordered at least 80,000 units should I do it? Justify the answer with profit estimates. please use excelPlease do not give solution in image format thanku The purchasing department can reduce order quantity and work wtih suppliers to deliver purchases items more frequently. This should lower total inventory. Make option Buy option fixed cost $125,000 Fixed Cost $5,000 Variable Cost $15 Variable Cost $17 Find the break-even quantity and the total cost at the break-even point.
- Describe the nature of the costs that affect inventory size ?Please do not give solution in image formate thanku. Demand for Bluetooth headphones at Gator Electronic (GE) is 5,000 per month. Holding cost is 25 percent and the company incurs a fixed cost of $500 for each order placed. The supplier offers an all unit quantity discount with a price of $200 per headphone for all orders under 1,000, a price of $195 for all orders of 1,000 or more but under 2,000 and a price of $190 for all orders of 2,000 or more. How many headphones should GE order per replenishment? The supplier offers a marginal unit quantity discount with a price of $200 per headphone for all orders under 1,000, a price of $195 for all orders of 1,000 or more but under 2,000 and a price of $190 for all orders of 2,000 or more. How many headphones should GE order per replenishment?Cafe Celo uses 250 kg of sirloin steak for its meals, every month with an ordering cost of BD 15 and carrying cost of Bd 3, The manager insists on ordering 500 kg every order month. If this is the case, what is the price difference on the Total Cost if the shop will use the optimum quantity? a. BD 320.40 b. BD 319.50 c. BD 289.50 d. BD 322.80 e. None of the Above CLEAR MY CHOICE
- Demand for a product is relatively constant at 5 units per day. Lead time for this product is normally distributed with a mean of 20 days and a standard deviation of 4 days. (a) What reorder point provides an 80 percent service level? (b) What reorder point provides a 90 percent service level? (c) If the lead time standard deviation can be reduced from 4 days to 1, what reorder point now provides 90 percent service? How much is safety stock reduced by this change?Suthar Timber Merchants in Patiala, India, features a large selection of building supplies,including timber, fencing and decking, moldings, hardwood flooring, sheet materials,windows, doors, ironmongery, and other materials. The prices of building materials areconstantly changing. When a customer asks about the price on fixtures, fittings, hangings,and other items, sales representatives consult a manual price sheet and then call thesupplier for the most recent price. The supplier in turn uses a manual price sheet, whichFor Theoretical AnswerAssessment Parameter WeightageIntroduction 20%Concepts and Applicationrelated to the question60%Conclusion 20%For Numerical AnswerAssessment Parameter WeightageUnderstanding and usageof the formula20%Procedure / Steps 50%Correct Answer &Interpretation30%has been updated each day. Often, the supplier must call back Suthar's sales reps becausethe company does not have the newest pricing information immediately on hand. Assesshow the use of ERP…Discuss the different kinds of costs in carrying inventory and what role the inventory turnover ratio has in determining those costs. Then think about a product(s) you recently purchased and answer the following question: Which inventory cost category is probably the largest for this product(s) and how could this category of inventory cost be reduced?