Practical Management Science, Loose-leaf Version
5th Edition
ISBN: 9781305631540
Author: WINSTON, Wayne L.; Albright, S. Christian
Publisher: Cengage Learning
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Question
Chapter 12, Problem 53P
a)
Summary Introduction
To determine: How often Company D must send out the truck.
Inventory and supply chain models:
The functions of inventory and supply chain are one of the most important business decision areas for an organization. The first important aspect of these concepts is to have adequate inventory on hand. The second important aspect is to carry a little amount of inventory as possible.
b)
Summary Introduction
To determine: How often Company D must send out the truck if each truck can only carry 5 pizzas.
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Father Dominic’s Pizza Parlor receives 30 calls perhour for delivery of pizza. It costs Father Dominic’s $10 tosend out a truck to deliver pizzas. It is estimated that eachminute a customer spends waiting for a pizza costs the pizzaparlor 20¢ in lost future business.a How often should Father Dominic’s send out a truck?b What would be the answer if a truck could onlycarry five pizzas?
The sanitary landfill charges companies $200
per load and individuals $50 per load. On
average, 90 companies tip their trucks each
day at the landfill with a standard deviation of
30. There is time only for 110 deliveries in any
combination of companies and individuals
throughout the course of an eight-hour day.
Company dump trucks enter through Gate A
and individuals enter through Gate B.
Individual demand is plentiful – often there
are individuals turned away due to lack of
capacity. It costs the landfill $30 to process a
company dump truck and $15 to process an
individual load. What is the expected profit for
one day if the landfill allocates the optimal
quantity of capacity to company trucks and
individuals fill up the remainder of the
сараcity?
-
The following data pertains to Slide Corp.’s: (use 360 days/year)
Slide Corp.’s payment to suppliers
Slide Corp.’s collection from customers
Processing Delay
4 days
Processing Delay
2 days
Clearing Delay
1 day
Clearing Delay
24 hours
Mail time
1 week
Mail time
4 days
Slide Corp.’s daily collection average P1,800 while average daily payment is P2,700.
How much is the average daily disbursement float?
How much is the average daily collection float?
How much is the net float?
If the cash can be readily invested in instrument earning 6%, how much is the daily cost of collection float?
Chapter 12 Solutions
Practical Management Science, Loose-leaf Version
Ch. 12.4 - Prob. 1PCh. 12.4 - Prob. 2PCh. 12.4 - Prob. 3PCh. 12.4 - Prob. 4PCh. 12.4 - Prob. 5PCh. 12.4 - Prob. 6PCh. 12.4 - Prob. 7PCh. 12.4 - Prob. 8PCh. 12.4 - Prob. 9PCh. 12.4 - Prob. 10P
Ch. 12.4 - Prob. 11PCh. 12.5 - Prob. 12PCh. 12.5 - Prob. 13PCh. 12.5 - Prob. 14PCh. 12.5 - Prob. 15PCh. 12.5 - Prob. 16PCh. 12.5 - Prob. 17PCh. 12.5 - Prob. 18PCh. 12.5 - Prob. 19PCh. 12.5 - Prob. 20PCh. 12.5 - Prob. 21PCh. 12 - Prob. 27PCh. 12 - Prob. 28PCh. 12 - Prob. 29PCh. 12 - Prob. 30PCh. 12 - Prob. 31PCh. 12 - Prob. 32PCh. 12 - Prob. 33PCh. 12 - Prob. 34PCh. 12 - Prob. 35PCh. 12 - Prob. 36PCh. 12 - Prob. 38PCh. 12 - Prob. 39PCh. 12 - Prob. 40PCh. 12 - Prob. 42PCh. 12 - Prob. 43PCh. 12 - Prob. 44PCh. 12 - Prob. 45PCh. 12 - Prob. 46PCh. 12 - Prob. 47PCh. 12 - Prob. 48PCh. 12 - Prob. 49PCh. 12 - Prob. 53PCh. 12 - Prob. 54PCh. 12 - In terms of K, D, and h, what is the average...Ch. 12 - Prob. 56PCh. 12 - Prob. 57PCh. 12 - Prob. 58PCh. 12 - Prob. 59PCh. 12 - Prob. 60PCh. 12 - Prob. 61PCh. 12 - Prob. 62PCh. 12 - Prob. 63PCh. 12 - Prob. 64PCh. 12 - Prob. 65PCh. 12 - Prob. 66PCh. 12 - Prob. 67PCh. 12 - Prob. 68PCh. 12 - Prob. 69PCh. 12 - Prob. 70PCh. 12 - Prob. 71PCh. 12 - Prob. 1.1CCh. 12 - Prob. 1.2CCh. 12 - Prob. 1.3C
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