The rate of sale for a patio furniture set is estimated at live per week. The buyer places every, week. Is a reserve equal to two weeks sales maintained there are 15 sets on hand and 15 what open - to buy
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The rate of sale for a patio furniture set is estimated at live per week. The buyer places every, week. Is a reserve equal to two weeks sales maintained there are 15 sets on hand and 15 what open - to buy?
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- The daily demand for printer paper at the School of Business is approximately normal with a mean of 15.2 boxes and a standard deviation of 1.6 per day. The Administrative Assistant reviews the inventory every 30 days, and the lead time is 5 days. The division set a policy of satisfying 96% of the demand for paper. If there are 125 boxes of printer paper in inventory at the beginning of this review period, how many boxes of printer paper should be ordered? What is the variance of demand during the review period plus the lead-time period? What is the standard deviation of demand during the review period plus the lead-time period? A. Variance = 76.80 Standard deviation = 8.76 B. Variance = 89.60 Standard deviation = 9.47 C. Variance = 9.47 Standard deviation = 89.60 D. Variance = 12.8 Standard deviation = 3.58Saché, Incorporated, expects to sell 2,030 of its designer suits every week. The store is open seven days a week and expects to sell the same number of suits every day. The company has an EOQ of 1,450 suits and a safety stock of 290 suits. Once an order is placed, it takes three days for Saché to get the suits in. How many orders does the company place per year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Assume that it is Monday morning before the store opens, and a shipment of suits has just arrived. When will Saché place its next order? multiple choice Monday Tuesday Wednesday Thursday Friday Saturday Sunday. CPG Bagels starts the day with a large production run of bagels. Throughout the morning, additional bagels are produced as needed. The last bake is completed at 3 p.m. andthe store closes at 8 p.m. It costs approximately $0.20 in materials and labor to make a bagel. The price of a fresh bagel is $0.60. Bagels not sold by the end of the previous day are sold the next day as “day old” bagels in bags of six for $0.99 a bag. About two-thirds of the day-old bagels are sold; the remainder are just thrown away. There are many bagel flavors, but for simplicity, concentrate just on the plain bagels. The store manager predicts that demand for plain bagels from 3 p.m. until closing is normally distributed with a mean of 54 and a standard deviation of 21. a. How many bagels should the store have at 3 p.m. to maximize the store’s expected profit (from sales between 3 p.m. and closing)? (Hint: Assume day-old bagels are sold for $0.99/6 = $0.165 each; that is, don’t worry about the fact that…
- Bioway, Inc., a manufacturer of medical supplies, uses ag- gregate planning to set labor and inventory levels for the year. While a variety of items are produced, a standard kit composed of basic supplies is used for planning purposes. Demand varies with seasonal illnesses and the quarterly or- dering policies of hospitals. The average worker at Bioway can produce 1000 kits a month at a cost of $9 per kit dur- ing regular production hours and $10 a kit during overtime production. Completed kits can also be purchased from outside suppliers at $12 each. Inventory carrying costs are $2 per kit per month. Overtime is limited to regular pro- duction, but subcontracting is unlimited. Due to high quality standards and extensive training, hiring and firing costs are $1500 per worker. Bioway currently employs 25 workers. Given the demand forecast below, develop a six-month ag- gregate production plan for Bioway using (a) chase demand and (b) a mixed strategy where the current workforce is kept…Crimson Wheels Bus Company produces buses. In order to produce the seats for the buses, special equipment must be set up. The setup cost per frame is $20. The cost of carrying seats in inventory is $5 per seat per year. The company produces 125,000 buses per year.The number of seats that should be produced per setup in order to minimize the total setup and carrying costs is: a.2,200 seats. b.1,920 seats. c.3,000 seats. d.1,000 seats.ABC's beginning inventory is $2,000 and its ending inventory is $1,000. The inventory turnover is 6 times. Cost of goods sold for the year must equal: Numeric Response:??????????????????
- A part is produced in lots of 1,400 units. It is assembled from 2 components worth $30 total. The value added in production (for labor and variable overhead) is $30 per unit, bringing total costs per completed unit to $60. The average lead time for the part is 5 weeks and annual demand is 4,100 units, based on 50 business weeks per year. How many units of the part are held, on average, in cycle inventory? _______________________units. (Enter your response as an integer.) What is the dollar value of this inventory? $________________________(Enter your response as an integer.) How many units of the part are held, on average, in pipeline inventory? ________________________________units. (Enter your response as an integer.) What is the dollar value of this inventory? $________________________ (Enter your response as an integer.) (Hint: Assume that the typical part in pipeline inventory is 50 percent completed. Thus, half the labor and variable overhead cost…Bateman Company produces helmets for drivers of motorcycles. Helmets are produced in batches according to model and size. Although the setup and production time vary for each model, the smallest lead time is six days. The most popular model, Model HA2, takes two days for setup, and the production rate is 1,125 units per day. The expected annual demand for the model is 54,000 units. Demand for the model, however, can reach 67,500 units. The cost of carrying one HA2 helmet is $3 per unit. The setup cost is $9,000. Bateman chooses its batch size based on the economic order quantity criterion. Expected annual demand is used to compute the EOQ. Recently, Bateman has encountered some stiff competition—especially from foreign sources. Some of the foreign competitors have been able to produce and deliver the helmets to retailers in half the time it takes Bateman to produce. For example, a large retailer recently requested a delivery of 18,000 Model HA2 helmets with the stipulation that the…Holstein Computing manufactures an inexpensive audio card (Audio Max) for assembly into several models of its microcomputers. The annual demand for this part is 100,000 units. The annual inventory carrying cost is $5 per unit and the cost of preparing an order and making production setup for the order is $750. The company operates 250 days per year. The machine used to manufacture this part has a production rate of 2000 units per day. Please keep two digits after the decimal and don't omit 0 before the decimal, e.g., 0.78 1. How many orders are produced in a year? 2. What is the maximum inventory for Audio Max? 3. How long is the production run for each order? 4. What is the total annual cost of preparing the orders and making the setups for Audio Max?
- How to manage a order when there is lack of team members in the order management and order need to be fulfilled in short span of time in the following situations :- I) When Delivery team missing II) When Packaging Team missing III) When Billing Team missing (Answer in points only ) upvote for quality answerGodo A publisher estimates the annual demand for a book to be 8000 copies, and built a warehouse to accommodate at most 8000 copies. Each book costs $8 to print, and setup costs are $1000 for each printing run. Storage costs (based on the max inventory) are $2 per book per year. How many books should be printed per run to minimize costs?Will’s Welded Widgets (WWW) makes its Q Model from components R, S, and T. Component R is made from 2 units of component X and 2 unit of component Y. Component T is made from 1 unit of component V and 2 units of component Z. Calculate the gross requirements for each of the components when the company plans to build 70 of its Q Model if you have these inventories: 70 units of component T and 110 units of component R, using the given information: Item Usage per Parent Q - R 2 S 2 T 1 X 2 Y 2 V 1 Z 2 Q R S T X Y V Z Put the answers down into the table: (If answer is zero, please enter 0, do not leave any fields blank.) Product Gross Requirements Q…