1. Complete the following grid assuming a 4.0 annual turnover:MonthFebruaryMarchAprilMayJuneJulyTotal SpringAugustSeptemberOctoberNovemberDecemberJanuaryTotal FallTotal YearPlan Sales$9,000$15,000$18,000$15,000$12,000$9,000$78,000$9,000$15,000$18,000$20,000$30,000$10,000$102,000$180,000BOM by the BasicStock MethodStock-to-Sales Ratio(Based on the BOMsgenerated by theBasic Stock Method)BOM bythePercentageVariationMethodStock-to-Sales Ratio(Based onthe BOMsgeneratedby thePercentageVariationMethod)

Stock replenishment is the process of restoring inventory levels to meet customer demand. It…

Answered: 1. Complete the following grid assuming…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Calculate customer life time value for the data below. (Show Work) Purchase Occasion Transition Probability Average Basket Size 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 ΝΑ 55% 75% 78% 83% 81% 81% 86% 82% 85% 90% 93% 85% 89% 85% 91% 97% 97% 96% 85% 83% 89% 82% 79% 82% 89% 88% 86% 67% 75% $46.71 $56.71 $57.93 $56.87 $58.26 $66.90 $63.62 $70.27 $63.03 $62.60 $71.81 $76.76 $78.14 $65.65 $74.84 $81.11 $72.08 $87.30 $71.94 $75.44 $70.35 $72.86 $66.68 $79.90 $93.91 $61.08 $94.16 $100.40 $77.89 $99.70
123456789unn3u5167 10 5 6 Variable Cells 18 19 20 21 22 23 24 25 26 27 28 29 30 31 7 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 8 9 10 11 2 11 13 12 14 12 Constraints Name Cell $B$15 demand for A LHS $B$16 total demand LHS 16 17 $B$17 procssing time LHS Cell $C$8 A $D$8 B 15 16 Name Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease 1E+30 250 100 Final Value Price 250 350 600 0 0 Shadow Constraint R.H. Side 0 4 -1 2 3 Q1 what is the range for objective coefficient of A and B? 125 350 600 1 1E+30 Allowable Allowable Increase Decrease Q4) if the objective coefficient of A goes up to 5 dollars what will happen? Q2 assume that the final value of B is 0 and the reduced cost of B is 1; explain the situation ? Q5 If the objective coefficient of B goes up to 8 dollars what will happen? Q6) if the obj coeff of A goes down to -5 dollars what does that mean? 125 125 100 1 Q3 if the objective coefficient of A goes down to 1 dollar and objective coefficient of B…
What are the top 5 reasons why tarrifs are being used?
Supply/Demand Info Predicted Sales Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Cost variables are as follows: Cost Variables Labor cost/hour Overtime cost/ton Subcontracting costiton Holding cost ton/month Hiring cost employee Firing cost/employee Beginning Apr May 4,200 531 $20 $32 $25 $10 $3.700 $4.000 Jun 51,500 50.300 61,600 Here is some additional relevant (capacity) information: Capacity Information Total labor hours/ton Regular production tons/employee/month Max regular production (tons/month) Max overtime production (tons/month) Max subcontractor production (tons/month) 3 100 56,700 3,700 6,000 Jul Aug Sep 45,400 56.600 62,800 Given the above information (and don't overlook beginning number of employees and inventory levels in the first table), create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-month period. What is the regular…
Please answer all questions using exact terminlogy... Neptune Company has developed a small inflatable toy that it is anxious to introduce to its customers. The company’s Marketing Department estimates that demand for the new toy will range between 20,000 units and 30,000 units per month. The new toy will sell for $9.00 per unit. Enough capacity exists in the company’s plant to produce 25,000 units of the toy each month. Variable expenses to manufacture and sell one unit would be $5.00 , and incremental fixed expenses associated with the toy would total $34,000 per month. Neptune has also identified an outside supplier who could produce the toy for a price of $4.00 per unit plus a fixed fee of $67,000 per month for any production volume up to 25,000 units. For a production volume between 25,001 and 55,000 units the fixed fee would increase to a total of $134,000 per month. Required: 1. Calculate the break-even point in unit sales assuming that Neptune does not hire the outside…
Last Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000 105,000 Other expenses 49,000 49,000 Net income 53,000 56,000 Finished goods inventory 2,700 5,000 Work-in-process inventory 11,000 8,000 Raw material inventory 5,500 7,000 Total inventory (average for year) 19,200 20,000 Other current assets 93,000 109,000 Other assets 210,000 249,000 Total assets 322,200 378,000 ^THIS YEAR The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory…
Last Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000 105,000 Other expenses 49,000 49,000 Net income 53,000 56,000 Finished goods inventory 2,700 5,000 Work-in-process inventory 11,000 8,000 Raw material inventory 5,500 7,000 Total inventory (average for year) 19,200 20,000 Other current assets 93,000 109,000 Other assets 210,000 249,000 Total assets 322,200 378,000 ^THIS YEAR The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory…
1. Appraise the handling of information in mc donals. 2. Identify key factors in matching information system to user requirements
A method of estimating future demand usedfor decision making in order to set reasonable targets and control orlimit uncertainties or risks.
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Please do not give solution in image formate thanku. Organisational financial programmes that allow full withdrawal at retirement is called a/n: Question 4Select one: a. Pension plan b. Retirement annuity c. Investment policy d. Provident fund
Which are some of the things that drive variability in demand management and forecasting? 1. MOQs 2. Promotional sales on products 3. Supplier contracting 4. Order fulfillment 5. Network planning 6. None of the above Please give me answer ASAP with clear explanation.

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