The distinguishing characteristic of a cross-dock warehouse is _________. Group of answer choices The mixing function it performs on several types of inventory The speed with which it reships cargo The volume of cargo it carries None of these answers
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The distinguishing characteristic of a cross-dock warehouse is _________.
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- Solve this please theoretically not on excel A detergent manufacturer manages a plant for a major retail. The average monthly demand is 12,000 jugs of detergent. Each jug costs $(1.3) and is sold to the retailer at a wholesale price of $8. The manufacturer and the retailer use an annual holding cost of (29)%. For each order placed, the retailer incurs an ordering cost of $80. Manufacturer incurs the cost of transportation and loading which totals $2,000 per order shipped. a. To minimize its inventory-related costs, what lot size will be the best for the retailer? What is the annual inventory-related cost of the manufacturer and the retailer as a result of this policy? b. What lot size minimizes the inventory-related costs across both the manufacturer and the retailer? How much reduction in cost relative to (a) results from this policy? c. Design an all-unit quantity discount that results in the retailer ordering the quantity in (bCharlie’s Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An American distributor stops every four weeks to take orders. Because the orders are shipped directly from Italy, they take three weeks to arrive. Charlie’s Pizza uses an average of 150 pounds of pepperoni each week, with a standard deviation of 30 pounds. Charlie’s prides itself on offering only the best quality ingredientsand a high level of service, so it wants to ensure a 98 percent probability of not stocking out on pepperoni. Assume that the sales representative just walked in the door and there are currently 500 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni would you order? (Answer in Appendix D)Answer the given question with a proper explanation and step-by-step solution. An E-commerce firm has four regional fulfillment centers (warehouses). Weekly demand for an item (Product_A) at each warehouse is random and is normally distributed with a mean of 10,000 per week and a standard deviation of 2,000 units per week. Product_A’s unit cost is $10. The inventory holding cost of the company is 25% per year. Assume 50 weeks per year. Each replenishment order from the supplier of Product_A costs $1,000, which includes the costs associated with placing the order, transportation, receiving, inspection, and put-away labor expenses. The replenishment lead time from the supplier is 1 week. The company’s service level goal is 95% (probability of having sufficient inventory to meet demand). On average, how long does a unit of inventory spend in the warehouse before being sold? Hint: Think Little's Law 2.5 weeks 6.6 weeks 5.3 weeks 1.3 weeks
- Usha Handling Company is currently faced with an inventory rotation problem. Thisdifficulty stems from the fact that some supplies must be used prior to a stated expiration date.Upon receipt, a new shipment of these perishable items must be stacked beneath the boxes that are currently in inventory. A substantial amount of time is consumed in restacking the items according to their expiration dates. The company would like to reduce the double and sometimes triple handling of items. How can this goal be achieved? Are there alternative solutions which might also be effective?Which of the following is not covered by the Warehouse Management System? a. Deciding where to place products in the warehouse b. Withdrawal of products from the warehouse according to the order c. Receiving products d. Getting the products ready for shipment e. Shipment TrackingSquare City Appliance orders four types of washing machines. Table 7 gives the annual demand, purchasing cost, and annual holding cost (as a percentage of purchase cost), and the fixed cost of ordering a product. Determine an ordering policy that minimizes the sum of fixed and holding costs. Each time an order is delivered, a $10,000 cost is incurred. Determine an ordering policy to minimize annual cost of meeting demand. TABLE 7 Product 1 Product 2 Product 3 Product 4 Annual demand 10,000 3,000 4,000 500 Unit purchasing cost $400 $300 $200 $900 Holding cost percentage .2 .2 .2 .2 Product order cost $1,000 $1,000 $1,000 $1,000 Step-by-step solution Step 1 of 3 Square city appliance orders four types of washing machines. The annual demand, purchasing cost and annual holding cost (as a percentage of purchase cost) and the fixed cost of ordering a product are given in the table below. Also each time an order is…
- Heavy goods are generally transported by shipping Select one a. True b. False.A firm is faced with the attractive situation in which it can obtain immediate delivery of an itemit stocks for retail sale. The firm has therefore not bothered to order the item in any systematicway. Recently, however, profits have been squeezed due to increasing competitive pressures, andthe firm has retained a management consultant to study its inventory management. The consultanthas determined that the various costs associated with making an order for the item stockedare approximately $30 per order. She has also determined that the costs of carrying the item ininventory amount to approximately $20 per unit per year (primarily direct storage costs and foregoneprofit on investment in inventory). Demand for the item is reasonably constant over time and the forecast is for 19,200 units per year. When an order is placed for the item, the entire orderis immediately delivered to the firm by the supplier. The firm operates 6 days a week plus afew Sundays, or approximately 320 days per…A firm is faced with the attractive situation in which it can obtain immediate delivery of an itemit stocks for retail sale. The firm has therefore not bothered to order the item in any systematicway. Recently, however, profits have been squeezed due to increasing competitive pressures, andthe firm has retained a management consultant to study its inventory management. The consultanthas determined that the various costs associated with making an order for the item stockedare approximately $30 per order. She has also determined that the costs of carrying the item ininventory amount to approximately $20 per unit per year (primarily direct storage costs and foregoneprofit on investment in inventory). Demand for the item is reasonably constant over time and the forecast is for 19,200 units per year. When an order is placed for the item, the entire orderis immediately delivered to the firm by the supplier. The firm operates 6 days a week plus afew Sundays, or approximately 320 days per…