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 3 Given the following inventory information, construct an (a) ABC analysis by annual dollar usage, (b) ABC analysis by current inventory value, and (c) an ABC inventory matrix. Is the firm stocking the correct inventories? Item Number Unit Cost Annual Usage Phy Inv B8867 6 100 8,000 J1252 5.25 6,500 120 K9667 0.88 4,000 1,000 L2425 1 1,500 375 M4554 5.5 2,000 500 T6334 70 500 800 W9856 0.75 800 20,000 X2215 1.5 8,000 2,000 Y3214 32 1,000 500 Y6339 4 3,500 125   Calculate the annual usage for K9667.

Question 15 Discontinuity created by new technology a.shows the amount of effort required to measure new technology B.shows the gap between the old technology and new technology C.shows the amount of capital required to implement new technology D.shows the amount of effort required to use old technology QUESITON 16 Quantity discount model is an inventory management model where A.The cost per unit decreases as production quantities increase B.Used to determine the optimal order quantity C.The price per unit decreases as order quantities decrease D.Used to determine the economic order quantity Question 17 In strategy formulation, which of the following processes answers the question "How will the firm compete"? A.Deploying the strategy B. Defining the primary tasks C.Positioning the frm D.Determining the order winners and order qualifers

Question 29  Store A purchases cases of fertilizer for its lawn-care business from a supplier who charges Store A $30 per order and $50 per case. Each case consists of five bags of fertilizer. Store A needs 2,000 bags of fertilizer a year. How many orders does Store A place per year if the order quantity is 20 cases? Group of answer choices 80 40 20 10

Question 6 (ABC Analysis)   Use the information provided below and classifies the inventory items according to the ABC classification.                                                                                                                       Item:    Annual demand:    Unit Price N$:   1   1000                          0.50   2   100   250   3   50   1000   4   50   800   5   300   50   6   500   10   7   500   7

QUESTION 1 Which of the following statements regarding foreast sharing game is INCORRECT?     Retailer only faces underage risk.     Supplier faces both underage and overage risks.     Suppliers tend to produce less than the supply chain optimal quantity.     The retailer has to purchase at least the quantity it reports to the supplier.   QUESTION 2 Assume that the firm can source from 2 faraway suppliers (each has Lead time = 4 months, capacity=60 k) and 2 Closeby suppliers (each Lead time =0 month, capacity=40k). The sales season starts in May. Which of the following statements regarding sourcing is INCORRECT?     The production change should be only applied to the Closeby supplier so that the firm can benefit from the change in time.     The production at the Faraway supplier should start in January and the production at Close-by supplier should start in May.     The firm should source from a combination of one faraway supplier and one close-by…

Answer Problem #3 : items 11& 12

Dogs-R-Us and K-9, Inc. are two retail stores that cater to theneeds of dog owners in the greater Charleston area. Thereis healthy competition between these two establishments.Both operate 52 weeks a year and both sell approximately thesame type and dollar value of items. Table 12.4 provides thecost of goods sold, the average inventory level, and unit valueof each item sold in the two stores.a. Compare the two retail stores in terms of average aggre-gate inventory value.b. Compare the two retail stores in terms of weeks of supply.c. Compare the two retail stores in terms of inventoryturnover

Question 23  Company A carries 5,000 items. Customers ordered 1,000 items from inventory last week. Company A was able to fulfill 600 items of the order. What is the stock out probability for last week? Group of answer choices 0.08 0.4 0.6 0.92

Caring Hospital’s dispensary reorders doses of a drug when the supply on hand falls to 18 units.Lead time for resupply is three days. Given the typical usage over the last 10 days, what servicelevel is achieved with the hospital’s reorder policy? (Hint: Use Formula 13–13.)Day 1 2 3 4 5 6 7 8 9 10Units 3 4 7 5 5 6 4 3 4 5