ii Calculate the maximum level of inventory
Q: I What is the bullwhip effect and how does it relate to lack of coordination in the supply chain?
A: The bullwhip effect occurs in distribution channels when supply chain inefficiencies are caused by…
Q: 2. CH 10: The table below includes the time (in minutes) that it took a worker to complete a single…
A: Ans) Average time = Sum(time)/6 = 15/6 = 2.5 minutes Normal Time = Average Time*(1+% of time…
Q: Zuke's Nukes is a retailer of organic microwavable entrees. They purchase frozen meals in batches…
A: The entire number of units produced during a production run is, in fact, referred to as the batch…
Q: Assume that all customer groups eat both dinner and dessert. Estimate the maximum number of customer…
A: Little’s Law is a mathematical equation that helps in calculating the number of servers required to…
Q: What is the difference between process versus product layout? Where is each best
A: A Process layout uses several sites for machine setup to create a more excellent range of items.…
Q: A company produces drinks in liters (33.8 oz.) and single serving (16.9 oz.) containers that utilize…
A: Here, I would formulate the LP, The decision variables are stated below, The number of litre…
Q: Jabez Contractors installs network routers. Using the CPM method and in reference to the table…
A: The critical path method is one of the methods to manage large-scale projects, managing timelines,…
Q: how does that performance compare with that of the industry? a) What was Organic Grocers' inventory…
A: Given : Cost of goods sold (COGS) = 10960000 Average inventory (I) = 991710 Inventory turnover of…
Q: Problem 11-14 (Algo) Charlie's Pizza orders all of its pepperoni, olives, anchovies, and mozzarella…
A: Given data: Average weekly Demand (d) =160 pounds/week Standard deviation = 26 pounds Inventory (I)…
Q: In order to assess a suppliers’ pool, you decide to evaluate the following categories of the…
A: Find the Calculation methods below: Given details: Category Target score Actual performance…
Q: In the following scenario, what will your stockout costs be if you have 200 hammers in stock and you…
A: Arrange the orders in ascending order Order received 80 60 50 30 120 Order…
Q: A regional bank training center has the physical ability to handle 1,300 participants. However,…
A: Efficiency and utilization are two terms related with calculating the process quality based on the…
Q: hat is the probability that the shop is empty? What is the average number of customers in the…
A: NOTE: We are allowed to do the first three sub-parts only. Queueing theory is a mathematical model…
Q: What is your forecast for next year's sales? (Do not round intermediate calculations and round your…
A: The least squares method of forecasting is based on the principle that the sum of squared errors…
Q: According to Alfred Wong, in an article “Caribbean island tourism: Pathway to continued colonial…
A: Caribbean islands are a set of small islands in the Caribbean Sea, which possess people with a very…
Q: Jack Ltd is a market leader in the manufacture of apple juice. They operate a reorder level system…
A: Given data: Average usage = 800 per dayMinimum usage = 540 per dayMaximum usage = 1260 per dayLead…
Q: With reference to the case study, discuss the main reasons that have been influential in…
A: Operation management is performed in each manufacturing organization. It all deals with the…
Q: Improperly structured sales force incentives are a significant obstacle to coordination in the…
A: T/F question Improperly structured sales force incentives are a significant obstacle to…
Q: A hotel has 200 rooms and 2 fares: low fare, which is $250 per night’s stay, and high fare, which is…
A: The protection level refers to the number of rooms in a hotel that are kept reserved for the high…
Q: stakeholder analysis is performed during the initial phases of a project. Briefly discuss the…
A: People with a vested interest in the project's success are referred to as stakeholders, sometimes…
Q: A farmer is planning the crops that will be planted in the upcoming season. The farmer can get…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: She must travel to Kenya to check on quality and transportation. The trip will cost $2,500. The…
A: Cost of the trip (C) = 2500 Cost of handbag (S) = 10 Shipping cost through the postal system (P) = 2…
Q: Using the following, forecast the sales for the months up to January the following year:- A simple…
A: The mean absolute deviation (MAD) is a measure of the accuracy of forecasts. It measures how far off…
Q: When portraying the power law on a log-log graph, the y-axis is the logarithm of the unit costs, and…
A: If the power law is portrayed by the log-log graph that in that case , Y axis is logarithmic of…
Q: You are the manager of a project to improve a billing process at your firm. The table below contains…
A: The first step here would be to construct a network diagram and find out the critical path and the…
Q: 5- A sourcing strategy for procuring leverage items would be to? a-use reverse auctions.…
A: Ans) 5) Leverage items are the High profit impact with low supply risk. Not used for decentralized…
Q: A teller at a drive-up window at a bank had the following service times (in minutes) for 20 randomly…
A: Find the Given details below: Samples Observations 1 2 3 4 1 4.5 4.6 4.5 4.7 2 4.2 4.5 4.6…
Q: The UK’s National Blood Service No inventory manager likes to run out of stock. But for blood…
A: SCM is a strategic approach to integrating supply and demand in the market. It involves several…
Q: Boardwalk Electronics manufactures 250,000 circuit boards per month. A random sample of 7,000 boards…
A: Given data: Random sample size = 7,000 boards Defects in one characteristic = 4 defects Defects in…
Q: #2 2. A project has the following cash flows: Two Three years years from from now Now -$4 million…
A: The detailed solution is given in Step 2
Q: Using any organisation of your choice describe the significance of operations managers and how they…
A: Key Advantages inside Effective Operations ManagementProduct Quality - The quality of a product…
Q: Colonial Furniture produces hand-crafted colonial style furniture. Plans are now being made for the…
A: Based on the given question, the following model can be built in excel. The model will be as…
Q: Choose a business that you would be interested in opening in your community. How would you decide…
A: Demographics: Think about your main interest group and where they're found. Research different…
Q: Why is a Sales forecast and Sales Budget so important to the Supply Chain process?
A: Forecasting is a technique used to predict future outcomes on the basis of past data. In businesses…
Q: Purchasing materials in higher volumes has the advantage of reducing ______. Multiple Choice…
A: Purchasing volumes play a significant role in overall cost of production. Production volumes depend…
Q: For each task not on the critical path, by how much could the start be delayed assuming that each…
A: Maximum possible delay in each non critical activity(activity not on the critical path) is the sum…
Q: Upper Control Limit (UCL) = ounces (round your response to two decimal places).
A: Mean (μ) = 14.0 ounces Standard Deviation (σ) = 0.20 ounce Sample Size (n) = 64 z = 3
Q: a) b) c) Draw a Gantt chart from the above information Name all the paths available in the Gantt…
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: The Warren Fischer Computer Corporation purchases 8000 transistors each year as components in…
A: Many companies, rather than relying on a reorder quantity formula, simply place orders for products…
Q: A regional bank training center has the physical ability to handle 1,300 participants. However,…
A: Given: Design capacity (D)= 1300 Effective capacity (E) =1100 Actual capacity (A) = 990
Q: Manufacturing operations can be classified according to the amount of processing or assembly that…
A: Manufacturing operations can be explained as a set of activities that are involved in the production…
Q: Question 2 In the following scenario, what will your stockout costs be if you have 200 hammers in…
A: Arrange the orders received in ascending order: Order received 80 60 50 30 120…
Q: Problem 7: Write the MOST equation for the task: "A worker slides a ruler (within reach) and pushes…
A: MOST (Maynard operation sequence technique) is the time and motion study technique used in…
Q: i. Using trend projection, develop a formula to predict sales for years 11 and 12. You have to show…
A: The linear trend equation is a formula used to calculate the slope and intercept of a linear trend y…
Q: Imagine that you are entering a fast-food restaurant. Your choices are either to eat inside or order…
A: Fast food restaurant is a part of the service industry where services are delivered up to customers'…
Q: Discuss the following for the DHL company. Brief History of the Company: ✓ Background of the…
A: Supply chain management and logistics are pillars of modern-day business. The entire movement of…
Q: Firms focusing on responsiveness tend to a. locate facilities close to the market they serve. b.…
A: In supply chain management, considerations around facility network infrastructure are essential.…
Q: A serial system is assembled in house from 20 parts. To be successful in the marketplace the system…
A: A reliability block diagram (RBD) is a method to depict the contribution of reliability of component…
Q: A lawn and garden store creates three different potting mixes sold in 20-pound bags. Mox A contains…
A: Given data is Mix Peat req (pounds) Perlite req (pounds) Organic material req (pounds) Profit A…
Q: The following table shows the number of televisions sold over the last ten years at a local…
A: Remember formulas: X bar = ∑X / n Y bar = ∑ Y/ n b =( ∑ X*Y) - n× X bar × Y bar) / (∑X^2-n× (X…
Jack Ltd is a market leader in the manufacture of apple juice. They operate a
reorder level system of inventory management, and the following information is
available for green apples:
Average usage 800 per day
Minimum usage 540 per day
Maximum usage 1260 per day
Lead time for replenishment 16-20 day
Reorder quantity 19,500 apples
Required:
ii Calculate the maximum level of inventory
Step by step
Solved in 2 steps with 3 images
- Jack Ltd is a market leader in the manufacture of apple juice. They operate areorder level system of inventory management, and the following information isavailable for green apples:Average usage 800 per dayMinimum usage 540 per dayMaximum usage 1260 per dayLead time for replenishment 16-20 dayReorder quantity 19,500 applesRequired: iii Calculate the minimum (buffer) inventory levelJack Ltd is a market leader in the manufacture of apple juice. They operate areorder level system of inventory management, and the following information isavailable for green apples:Average usage 800 per dayMinimum usage 540 per dayMaximum usage 1260 per dayLead time for replenishment 16-20 dayReorder quantity 19,500 applesRequired:a. Calculate the reorder levelThe TransCanada Lumber Company and Mill processes 10,000 logs annually, operating 250 days per year. Imme-diately upon receiving an order, the logging company’s supplier begins delivery to the lumber mill at the rate of 60 logs per day. The lumber mill has determined that the or-dering cost is $1600 per order, and the cost of carrying logs in inventory before they are processed is $15 per log on anannual basis. Determine the following:a. The optimal order sizeb. The total inventory cost associated with the optimalorder quantityc. The number of operating days between ordersd. The number of operating days required to receive anorder
- Jack Ltd is a market leader in the manufacture of apple juice. They operate a reorder level system of inventory management, and the following information is available for green apples:Average usage 800 per dayMinimum usage 540 per dayMaximum usage 1260 per dayLead time for replenishment 16-20 dayReorder quantity 19,500 applesRequired:1. Calculate the reorder level ii Calculate the maximum level of inventory iii Calculate the minimum (buffer) inventory levelJack Ltd is a market leader in the manufacture of apple juice. They operate a reorder level system of inventory management, and the following information is available for green apples: Average usage 800 per dayMinimum usage 540 per dayMaximum usage 1260 per dayLead time for replenishment 16 - 20 per day Reorder quantity 19,500 apples a. Calculate the reorder level 1. Calculate the maximum level of inventory 2. Calculate the minimum (buffer) inventory levelThe following particulars were collected for the year 2015 from Need LLCMonthly demand -2,000 unitsCost of placing an order RO 225.Annual carrying cost per unit 8%Purchase price of input unit RO 350Minimum usage 30 units per weekMaximum usage 50 units per weekRe-order period 6 to 8 weeks.For emergency purchase 4 weeks Required:(a) Re-order quantity(b) Re-order level(c) Minimum level(d) Maximum level(e) Average Stock Level(f) Danger level
- A major automobile manufacturer located in Georgetown, Kentucky, has two certified vendors that produce brake pads with the information shown below. New Albany Manufacturing is located in Columbus, Ohio, and LaPlaya Manufacturing is located in Monterrey, Mexico. The automobile assembly factory is assumed to operate 250 days per year. CertifiedSupplier OrderSize (Q) Price per Unit (P) OversightCostper Unit (O) TransportCost perUnit (Ct) Order Cost(Co) Cost to StoreOne UnitOne Year (Ch) Order LeadTime inDays (L) New Albany Mfg. 59,000 $11.74 $0.00 $0.37 $255 $1.70 51 LaPlaya Mfg. 118,000 $11.08 $0.42 $0.87 $290 $1.35 99 Use the Total Supply Chain Cost Excel template to compute the supply chain costs associated with each supplier if the annual demand is 1,180,000 brake pads. Do not round intermediate calculations. Round your answer to the nearest dollar. Order quantity: 59,000 units 118,000 units Total procurement cost: $ $ Total management oversight…A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. a. Determine the economic order quantity. (Round your final answer to the nearest whole number.) Economic order quantity bags b. What is the average number of bags on hand? (Round your final answer to the nearest whole number.) Average number of bags c. How many orders per year will there be? (Round your final answer to the nearest whole number.) Number of orders per year d. Compute the total cost of ordering and carrying flour. (Round your final answer to the nearest whole number. Omit the "$" sign in your response.) Total cost $ e. If annual holding costs were to increase by $9 per bag, how much would that affect the minimum total annual cost? (Round your intermediate calculations to 2 decimal places and final…Wholemark is an Internet order business that sells one popular New Year's greeting card. The cost of the paper on which the card is printed is $0.10 per card, and the cost of printing is $0.42 per card. The company receives $2.40 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Based on past data, the number of customers from Los Angeles is normally distributed with a mean of 2,500 and a standard deviation of 600. What is the optimal production quantity for the card for Los Angeles, if Wholemark only makes a one-time production for this area? Round to the nearest integer.
- A manager must set up inventory ordering systems for two new production items, P34 and P35.P34 can be ordered at any time, but P35 can be ordered only once every four weeks. The companyoperates 50 weeks a year, and the weekly usage rates for both items are normally distributed. Themanager has gathered the following information about the items.Item P34 Item P35Average weekly demand 60 units 70 unitsStandard deviation 4 units per week 5 units per weekUnit cost $15 $20Annual holding cost 30% 30%Ordering cost $70 $30Lead time 2 weeks 2 weeksAcceptable stockout risk 2.5% 2.5%a. When should the manager reorder each item?b. Compute the order quantity for P34.c. Compute the order quantity for P35 if 110 units are on hand at the time the order is placed.GameStop has maintained 75% service level for inventory of PlayStation 5. Mean demand during lead time is 166 PlayStations, and the standard deviation during lead time is 58 PlayStations. The annual cost of carrying one PlayStation in inventory is $12. The store’s operations analyst recently told GameStop's management that they could expect a $550 improvement in profit (based on current figures of cost per PlayStation) if the service level were increased to 97.5%. Is it worthwhile for GameStop to make this change?Golden Crust Bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual holding costs are $75 per bag. Once an order for flour is placed, it takes six (6) days to receive the order from the flour factory. The bakery operates 350 days per year. Calculate the following: Economic Order Quantity Expected number of orders (Order Frequency) Average inventory The annual holding cost The annual ordering cost The total annual cost of inventory management Reorder point If holding costs were to increase by $9 per year, how much would that affect the minimum total annual cost?