Business, 20.03.2020 02:02 tommyaberman

Sports Apparel (our newest division) makes Uniform shirts using a certain type of cotton. The demand for this cotton is approximately normal, averaging 20 rolls per week, with a standard deviation of 6 rolls per week. Cost per roll is $24; ordering costs are $25 per order; inventory handling cost is $4.00 per roll per year. Acquisition lead time is four weeks. The manufacturing operation works 50 weeks per year, 5-day weeks per week. a. What is the optimal size of an order, if minimization of inventory system cost is the objective? b. What is the safety stock level needed if the desired service level is 90%? c. What is the reorder point if the desired service level is 90%?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 14:50

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

Answers: 2

Answer

Business, 22.06.2019 19:50

At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)

Answers: 2

Answer

Business, 22.06.2019 20:20

Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms? a. unlike incumbent firms, new entrants do not have to face the high entry barriers, initially. b. new entrants are embedded in an innovation ecosystem, while incumbent firms are not. c. unlike incumbent firms, new entrants do not have formal organizational structures and processes. d. incumbent firms do not have the advantages of network effects that new entrants have.

Answers: 2

Answer

Business, 23.06.2019 02:50

In the market for lock washers, a perfectly competitive market, the current equilibrium price is $5 per box. washer king, one of the many producers of washers, has a daily short-run total cost given by tc = 190 + 0.20q + 0.0025q2, where q measures boxes of washers. washer king's corresponding marginal cost is mc = 0.20 + 0.005q. how many boxes of washers should washer king produce per day to maximize profit?

Answers: 1

Answer

You know the right answer?

Sports Apparel (our newest division) makes Uniform shirts using a certain type of cotton. The demand...

Questions