![erikloza12pdidtx](/avatars/13475.jpg)
erikloza12pdidtx
04.07.2020 •
Business
A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries. The following data refer to a specific refrigerator in its product line.
Cost to place an order $100 / order
Holding cost 20 percent of product cost per year
Cost of refrigerator $500 / unit
Annual demand 500 units
Standard deviation of
demand during lead time 10 units
Lead time 7 days
Consider an even daily demand and a 365-day year.
a. What is the economic order quantity?
b. If the distributor wants a 97 percent service probability, what reorder point, R, should be used?
Solved
Show answers
More tips
- H Health and Medicine How to Improve Eyesight: Science-based Techniques to Enhance Your Visual Acuity...
- F Family and Home Do Lullabies Help Babies Sleep or Is it Just a Myth?...
- H Health and Medicine Tick Traps: How to Remove Them Safely and Effectively...
- S Society and Politics Why are thugs called gopniks ? A fascinating journey through Russian subculture...
- A Animals and plants Want a Perfect Lawn? Learn How to Plant Grass the Right Way...
- A Animals and plants How to Properly Care for a Pet Decorative Rabbit at Home?...
- C Computers and Internet How to Check the Speed of My Internet?...
- H Health and Medicine 10 Ways to Cleanse Your Colon and Improve Your Health...
- W Work and Career How to Write a Resume That Catches the Employer s Attention?...
- C Computers and Internet Е-head: How it Simplifies Life for Users?...
Answers on questions: Business
- H History What are henrys most important objections to the constitution...
- M Mathematics Which rule shows the relationship of pounds, p, to ounces, z? a. z = 16p c. p = 16z b. z = 32p d. p = 32z...
- E English a quilt of country was published in a news magazine following what occurrence? world war ii vietnam war the gulf war 9/11 trade center attacks...
- M Mathematics You are 9 miles away from home. you start biking home at a speed of 6 mph. right in equation in standard form that represents your distance from home after x ours. what does the...
- P Physics Write a short story (about three paragraphs) in which you use the principles of light ray reflection. your story should include the words incident ray, reflected ray, angle of...
- H History Which time sequence of causes and consequences of the female athlete triad is correct?...
- S Social Studies What do closley spaced contour lines on a topographic map represent...
- M Mathematics What is the volume of the solid figure (with congruent, parallel bases) that has a height of 11 feet and the following base? is 38.28 ft 3 the 3 is small...
- B Biology Bipedal organisms a. walk upright c. reproduce once b. have opposable thumbs d. have prehensile tails...
- S Social Studies The moral majority was a political organization founded by...
Ответ:
a. 32 refrigerators
b. 29 refrigerators
Explanation:
a. The computation of the economic order quantity is shown below:
= 32 refrigerators
b. Now the reorder point is
= Annual demand ÷ total number of days in a year × lead time + (service level × standard deviation for the lead time)
= 500 units ÷ 365 days × 7 days + (1.90 × 10 units)
= 9.59 + 19
= 29 refrigerators
Ответ: