What is the standard deviation of the demand during lead-time? A. 60 bottles B. 90 bootles OC. 40 bottles O D. 52 bootles At what inventory level should he place an order? OA. 386 bottles OB. 477 bottles OC. 302 bottles D. 254 bottles
Q: A bakery makes three sizes of cakes: small, medium, or large. Cakes require three major…
A: Framing the Linear Equation: Let x be small cake, y be medium cake and z be large cake Objective…
Q: Use the data below to solve for the following: Naïve method Unweighted 3 month moving average…
A: Note: - Since we can answer up to three subparts only, we will answer the first three subparts(first…
Q: In purchasing the Ops Mgt textbook from the publisher, the JU Bookstore was offered the following…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Strategic supply chain management focuses on the long term and the big picture. Tactical management…
A: The following are some strategic supply chain decision examples: Partner choice: To select the…
Q: take a look at some of the products that are offered for sale there. What are some of the logistical…
A: In contrast to Amazon, which is largely a shop, Alibaba is a platform that connects buyers and…
Q: Ranking Scales vs. Rating Scales: which one is the best result?
A: Research:- Research is defined as "creative and methodical activity done to improve the body of…
Q: Consider two possible states of nature s₁ and 52 and three possible actions a 1,92 and a 3. a.…
A: Since you have submitted a question with multiple subparts, as per guidelines we have answered the…
Q: a. What is the Economic Order Quantity? b. What are the total annual order and inventory-holding…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: Conclude a summary and give 3 recommendation on how the company can be success in the new working
A: In the modern world, to give height, success, and growth to the business, an organization require to…
Q: Productivity tends to decrease with the use of standardized because of the repetitive nature of the…
A: Ans) Standardization makes repetitive work. Worker do the work in same manner again and again. This…
Q: Explain, using an example of your choosing, how TPMs constrain the evolving design process as we…
A: TPM:- An important element of any business is understanding and utilizing Total Productive…
Q: Three important points of ASHLEY FURNITURE's planning are as follows: -Use of a suite of software…
A: Ashley Furniture deals in the manufacturing and retail of home furnishings and is based out of…
Q: workplace something we should be concerned about?
A: Stress is a reaction to a situation – it isn't about the actual situation. When we believe that the…
Q: Discuss the major influences that Operations has on Competitiveness.
A: Organizations should be competitive to sell their products and services in the market.…
Q: What are major factors to consider when designing logistics strategy
A: Logistics management is described as a means through which the supply chain is operated and managed.…
Q: A restaurant operates from 8 a.m. to 8 p.m. and employs both full-time and part-time workers.…
A: Hiring and firing are major business activities. Companies need to conduct both of these by critical…
Q: What fraction of product is defective for a 2.97-sigma process? Express your answer as DPMO rounded…
A: Sigma level = normsinv(1 - dpmo/1000000) + 1.5 normsinv(1 - dpmo/1000000) = Sigma level - 1.5…
Q: ou are the finance manager of the firm Sunderland Plastics Limited, which produces two products (X1…
A: Decision Variable: Suppose-X1 be the no. of units produced of product X1X2 be the no. of units…
Q: d. What is the expected number of students in the queue? e. What is the average number in the…
A: Given, Arrival rate, λ =4 students per minute Service rate, μ =60÷12 =5 students per minute d)…
Q: True or False? The average number of customers in queue plus the number of servers equals the…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and…
A: Productivity is the ratio of output and input of any process. Certain changes in the process of…
Q: Today, different organizations employ various management techniques to carry out the efficient…
A: Three type of buyer supplier relationship: Transactional: This type of relation exists when there…
Q: Solve the question below using the attached excel templates with formulas for renting both slow and…
A: Employee's time worth (per hour) $15 Need of employees per hour 4 Slow copier Cost of…
Q: Sleek Sdn. Bhd. is planning on introducing 2 new stool designs (Deni & Arni) for their 2022…
A:
Q: Analytics Exercise 18-1 (Algo) Starbucks has a large, global supply chain that must efficiently…
A: Mean Absolute Deviation: The ideal MAD value is zero (no forecasting error) A model with higher MAD…
Q: Machinists who work at a tool-and-die plant must check out tools from a tool center. An average of…
A:
Q: 1) What is Network Design and its importance in logistic managemet?
A: Note - Hi! Thank you for the question As per the honour code, We’ll answer the first question since…
Q: As a student of feasibility study writing, do you agree or disagree with the statement? Support your…
A: Feasibility study:- A feasibility study is a thorough evaluation that takes into account all of the…
Q: What is the Ealiest and Latest start for Activity I and Latest finish for Activity G?
A: Formulae used: Forward Pass- Early Start (ES) = Maximum (or Highest) EF value from immediate…
Q: How does virtual inventory affect network design?
A: A key aspect of Additive Manufacturing that can deliver significant efficacies within supply chains,…
Q: Given the information below for the manufacturing of two different laptops, calculate the labour…
A: Labor productivity = Total outputs/ Total labor inputs
Q: Evaluate the differences between performance management and disciplinary issues. Provide 1 example…
A: Performance management can be stated as the current process of interaction between a corporate…
Q: Use Johnson's rule to obtain the optimum sequence of job processing for the following jobs through a…
A: Johnson's Rule is: From the checklist of unscheduled jobs, choose the one having the shortest…
Q: A local nursery, Greens, uses 1,780 bags of plant food annually. Greens works 52 weeks per year. It…
A: Given data, The annual usage=1780 bags This local nursery works 52 weeks per year, The cost to…
Q: 2. Observe your environment for an hour. Make a list of mass communication messages you observe for…
A: Mass communication can be stated as the act of an individual, a group of individuals, and a company…
Q: 2. Your firm has implemented just-in-time replenishment. This is an operations decision in the area…
A: Inventory is the raw material that the organization keeps so that a smooth production process can be…
Q: What are the challenges involved in forecasting?
A: Concept Introduction : Organizations use forecasting as a tool to think about and plan for the…
Q: Assess the costs of quality that could be incurred if root problems are not addressed.
A: Cost of quality can be termed as the methodology which would measure, determine how various firms…
Q: Complete the master production schedule based on the following information On-hand Inventory - 160…
A: Find the Given details below: Given details Week 1 2 3 4 5 6 7 8 Forecast 120 100 130 110 140…
Q: The Cause-and-Effect diagram (commonly known as the fishbone diagram) is a schematic technique often…
A: A fishbone diagram is a visual representation of the causes of a certain problem. It helps to…
Q: A liquor store sells two types of whiskey: Gold and Blue. Gold sells for $3,000/100ml. Every 100ml…
A: Objective function: Let gold type be x and blue type be y Profit for gold = $3000 Profit for blue =…
Q: there are two approaches to project cost estimation, the top down and bottom up approaches. These…
A: A project cost can be estimated by two methods namely top down and bottom up. While top down is a…
Q: STORAGE UNITS ARE AN EXAMPLE OF A WAREHOUSE BAILMENT True False
A: Warehouse bailment is indeed an example of a storage unit. The warehouse bailment is that place…
Q: Determine whether project management software might help you better manage project costs.
A: Project management This can be defined as a scientific approach to managing the projects for an…
Q: Warehousing activities play a significant role in an efficient distribution goods to the customer.…
A: Inventory management is described as a means of managing the stock of the business products and…
Q: List the typical components of direct e-mails and memos.
A: E-mails and memos are among the various modes of communication in an organization. While E-mail is…
Q: red when deciding how to fund a project. Analyze the usage of software for project management to…
A: Finances for long-term infrastructure and industrial projects as well as public services are often…
Q: Forecasting is an important guard against guess work in decision making. In light of this statement…
A: Every firm engages in a annual planning process for production where the marketing function provides…
Q: 3c. Customers arrive at a Starbucks that has 1 barista and they wait in line on a first-come, first-…
A: Given, Arrival rate,λ =12 per hour Service rate, μ=3.5×60 =17.14 customers per hour Standard…
I just need the last two questions thank you
Step by step
Solved in 2 steps
- Safari Bar and Restaurant uses 5,000 quart bottles of an imported wine each year. The effervescent wine costs $5 per bottle and is served in whole bottles only since it loses its bubbles quickly. The manager figures that it costs $10 each time an order is placed, and holding costs are 30 percent of the purchase price per bottle per year. It takes four weeks for an order to arrive. Weekly demand has a Normal distribution with an average of 100 bottles and a standard deviation of 30 bottles. Safari Bar and Restaurant closes two weeks per year. The manager would like to use an inventory system that minimizes inventory cost and will satisfy 90 percent of his customers who order this wine. Round your answers to the nearest integer. What is the economic order quantity for the manager to order? A. 258 bottles B. 500 bottles C. 316 bottles D. 408 bottles What is the expected demand during lead-time? A. 200 bottles B. 400 bottles C. 300 bottles D. 100 bottlesSam's Pet Hotel operates 52 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $13.00 per bag. The following information is available about these bags: ≻Demand=75 bags/week ≻Order cost=$55.00/order ≻Annual holding cost=25 percent of cost ≻Desired cycle-service level=80 percent ≻Lead time=4 weeks (24 working days) ≻Standard deviation of weekly demand=15 bags ≻Current on-hand inventory is 320 bags, with no open orders or backorders. Part 2 a. Suppose that the weekly demand forecast of 75 bags is incorrect and actual demand averages only 50 bags per week. How much higher will total costs be, owing to the distorted EOQ caused by this forecast error? The costs will be $enter your response here higher owing to the error in EOQ. (Enter your response rounded to two decimal places.) a. What is the EOQ? What would the average time between orders (in weeks)? b. What should R be? c. An inventory withdraw…All Seasons Flower Shop uses 870 clay pots a month. The pots are purchased at $ 6 each. Annual holding cost per pot is estimated to be 35% of purchase cost. Ordering cost is $ 40 per order. The shop operates 12 months in a year. What is the economic order quantity (EOQ)?
- Pet Empire operates 52 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $11.70 per bag. The following information is available about these bags. Demand is 90 bags per week, order cost is $54 per order, annual holding cost is 27% of the cost, service level is 80%, lead time is 3 weeks (18 working days), and standard deviation of weekly demand is 15 bags. Current on hand inventory is 320 bags with no open orders or back orders. Require to calculate Economic Order Quantity (EOQ). What would be the average time between orders (in weeks)? Calculate reorder point (R). The store currently uses a lot size of 500 bags (i.e., Q = 500). Calculate the annual holding cost of this policy and also annual ordering cost. Without calculating the EOQ, how can you conclude from these two calculation that the current lot size is too large? What would be the annual cost saved by shifting from the 500-bag lot size to the EOQ? Consider again the…1) Weekly demand for a product is 300 units with a standard deviation of 35 units. The cost of placing an order is $80, and the time from ordering to receipt is three weeks. The annual inventory carrying cost is $1 per unit. (Company operates for 52 weeks) a) How many units should the production manager order each time? (Round up your answer) b) What is the re-order point if the manager wants to provide a 97.5 percent service probability? (Roundup your answer) c) Suppose the production manager is told to reduce the safety stock of this item by 50 units. If this is done, what will the new service probability be? What is the Z value, and what is the probability?Weekly Average Demand 110 Standard deviation of (weekly) demand 30 Setup cost ($) 1400 Lead time (in weeks) 2 Procurement cost ($) 200 Holding cost /unit/week ($) 3 You are given the demand and inventory related information about a grocery store’s product in the table. The store is open for 46 weeks in a year. What is the reorder point if it wants to achieve a service level of 97%? (Do not round your intermediate calculations. Round your final answers to the nearest whole number.
- Sam's Cat Hotel operates 50 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $12.00 per bag. The following information is available about these bags: > Demand = 95 bags/week > Order cost = $50.00/order > Annual holding cost = 20 percent of cost > Desired cycle-service level = 80 percent > Lead time =5 weeks (30 working days) > Standard deviation of weekly demand = 15 bags > Current on-hand inventory is 320 bags, with no open orders or backorders. a. Suppose that the weekly demand forecast of 95 bags is incorrect and actual demand averages only 75 bags per week. How much higher will total costs be, owing to the distorted EOQ caused by this forecast error? The costs will be $ higher owing to the error in EOQ. (Enter your response rounded to two decimal places.)Daily demand for product sample kits is normally distributed with a mean of 35 units and a standard deviation of 4. Supply is virtually certain with a lead time of 9 days. The cost of placing an order is $20, and annual carrying costs for one kit is 25 percent. The price of one kit is $12.50. Assume a year has 365 days.If a 99% service level is desired, what is average inventory on hand? If demand had no variation, what would the reorder point be?The Big Buy Supermarket stocks Munchies Cereal. Demand for Munchies is 4,000 boxes peryear (365 days). It costs the store $60 per order of Munchies, and it costs $0.80 per box per yearto keep the cereal in stock. Once an order for Munchies is placed, it takes 4 days to receive theorder from a food distributor. Determine The reorder point
- Charlie's Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An American distributor stops by every four weeks to take orders. Because the orders are shipped directly from Italy, they take three weeks to arrive. Charlie's Pizza uses an average of 250 pounds of pepperoni each week, with a standard deviation of 50 pounds. Charlie's prides itself on offering only the best-quality ingredients and a high level of service, so it wants to ensure a 90% probability of not stocking out on pepperoni. Assume that the sales representative just walked in the door and there are currently 450 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni would you order?Kabel Market store sells electric cable. The demand for cable is normally distributed. The inventory related information at Kabel Market is as follows: Average Annual Demand = 16,900 meters Standard deviation of weekly demand = 28 meters Cable selling price = AMD 640.00 per meter Ordering cost = AMD 1,250.00 per order Lead time = 5 weeks Annual inventory-holding cost estimate = 2.5% of the cable selling price Required service level = 95% Kabel Market works 52 weeks a year. Note: The approximate z values are: for 0.9 ≈ 1.28, for 0.92 ≈ 1.405, for 0.95 ≈ 1.645, for 0.98 ≈ 2.05. Suppose the bar management practices the fixed-QUANTITY ordering system with the use of the economic order quantity. Answer the following questions: (i) How many meters of cable they order from the supplier each time? (ii) When do they place an order? (iii) What is the safety stock?Charlie's Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An American distributor stops by every four weeks to take orders. Because the orders are shipped directly from Italy, they take three weeks to arrive. Charlie's Pizza uses an average of 150 pounds of pepperoni each week, with a standard deviation of 30 pounds. Charlie's prides itself on offering only the best-quality ingredients and a high level of service, so it wants to ensure a 98 percent probability of not stocking out on pepperoni. Assume that the sales representative just walked in the door and there are currently 500 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni would you order? Note: Use Excel's NORM.S.INV() function to find the z value. Do not round intermediate calculations. Round z value to 2 decimal places and final answer to the nearest whole number.