Operations Management-With Myomlab Access
11th Edition
ISBN: 9780133130768
Author: HEIZER
Publisher: PEARSON
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Textbook Question
Chapter 16, Problem 5P
Question
• 16.5 Discount-Mart, a major East Coast retailer, wants to determine the economic order quantity (see Chapter 12 for EOQ formulas) for its halogen lamps. It currently buys all halogen lamps from Specialty Lighting Manufacturers in Atlanta. Annual demand is 2,000 lamps, ordering cost per order is $30, and annual carrying cost per lamp is $12.
- a. What is the EOQ?
- b. What are the total annual costs of holding and ordering (managing) this inventory?
- c. How many orders should Discount-Mart place with Specialty Lighting per year?
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QUESTION THREE
Inventory is one of the dominant costs in many industries and supply chains. In 1984 General Motors of the USA distribution network consisted of 20,000 supplier plants, 133 parts plants, 31 assembly plants and 11000 car dealers. The total worth of the company consisted of 70% attributable to Inventory level.
Requirements:
Outline Inventory Drivers (Why Holding) Inventories, in a company like GM?
ABC Inventory Management System is one of the Inventory Control System available in industry. Explain the ABC inventory Management System and how it can be used to manage or control Inventory in Industry
Safety Inventory, is one way of managing Uncertainty in the supply Chain
What do you understand by the term Safety Inventory / Safety Stock [
With aid of an example, explain how safety Inventory or stock is used in managing Uncertainty in the supply chain
question 4
Babble, Inc., buys 375 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost is $11.75.Holding cost is $0.10 per cassette per year.
a. How many tapes should Babble order at a time?
Babble should order_______ tapes at a time. (Enter your response rounded to the nearest whole number.)
b. What is the time between orders?
The time between orders is_______ months. (Enter your response rounded to one decimal place.)
Question 21
C&A sells T-shirts for $20 that cost $5 to produce. The annual holding cost percentage is 20% and the T-shirts turn 25 times a year. What holding cost does C&A incur for each T-shirt?
Group of answer choices
$0.50
$0.08
$0.04
$0.02
Chapter 16 Solutions
Operations Management-With Myomlab Access
Ch. 16 - Question 1. What is JIT?Ch. 16 - Prob. 2DQCh. 16 - Question 3. What is TPS?Ch. 16 - Question 4. What is level scheduling?Ch. 16 - Question 5. JIT attempts to remove delays, which...Ch. 16 - Prob. 6DQCh. 16 - Question 7. How does TPS contribute to competitive...Ch. 16 - Prob. 8DQCh. 16 - Question 9. Discuss how the Japanese word for card...Ch. 16 - Question 10. Standardized, reusable containers...
Ch. 16 - Prob. 11DQCh. 16 - Prob. 12DQCh. 16 - Question 16.1 Leblanc Electronics, Inc., in...Ch. 16 - Question 16.2 Tej Dhakars company wants to...Ch. 16 - Question 16.3 Pauline Found Manufacturing, Inc.,...Ch. 16 - Prob. 4PCh. 16 - Question 16.5 Discount-Mart, a major East Coast...Ch. 16 - Question 16.6 Discount-Mart (see Problem 16.5),...Ch. 16 - Prob. 7PCh. 16 - Question 16.8 Carol Cagle has a repetitive...Ch. 16 - Question 16.9 Given the following information...Ch. 16 - Question 16.10 Rick Wing has a repetitive...Ch. 16 - Mutual Insurance Company of Iowa Mutual Insurance...Ch. 16 - Prob. 2CSCh. 16 - Prob. 3CSCh. 16 - Prob. 4CSCh. 16 - Question JIT at Arnold Palmer Hospital Video Case...Ch. 16 - Question JIT at Arnold Palmer Hospital Video Case...Ch. 16 - Question JIT at Arnold Palmer Hospital Video Case...Ch. 16 - Question JIT at Arnold Palmer Hospital Video Case...
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