Business, 28.02.2020 04:30 holmesleauja
Talisman Games, a local gaming store, stocks the 4th edition of the rulebook of a popular pen-and-paper role-playing game Daggers and Dungeons. Talisman orders the rulebooks directly from its publisher- Wizards of the Shore (WotS). Talisman orders a rulebook at a wholesale price of S1S and sells it for $20. The lead-time from the supplier is 2 weeks and there is a fixed order cost of S10. Demand for the rulebook each week is independent of demand in previous week standard deviation of 3 per week. The owners of the store estimate that their opportunity cost of capital is around 15% per year.
If a customer comes looking to buy a rule book but finds Talisman is stocked out, their copy is backordered and picked up when the next shipment arrives at Talisman from WotS. The customers are always eager to pick up their book, so no sales are lost. To reward loyalty, Talisman throws in a free set of dice (worth $2) with every backordered book purchase.
a. What is Talisman's optimal inventory control policy; that is, its optimal order quantity Q* and re-order point R*?
b. How long does the average rulebook spend in Talisman before it is sold to a customer?
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 10:20, itscheesycheedar
The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.
Answers: 3
Business, 22.06.2019 19:50, ahoney2233
Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.
Answers: 2
Business, 23.06.2019 02:30, 310000982
On december 1, 2017, bigham corporation pays a dividend of $4.00 on each share of its common stock. vanessa and gena, two unrelated shareholders, each own 5,000 shares of the stock. vanessa has owned her stock for two years while gena purchased her stock on november 3, 2017. how does each shareholder treat the $20,000 dividend from bigham
Answers: 3
You know the right answer?
Talisman Games, a local gaming store, stocks the 4th edition of the rulebook of a popular pen-and-pa...
Questions in other subjects:
Computers and Technology, 19.12.2019 05:31
