Business, 15.04.2020 02:01 Chewychipsx4023

A small copy center uses 4 520-sheet boxes of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of 4 boxes per week and a standard deviation of 0.40 boxes per week. 2 weeks are required to fill an order for letterhead stationery. Ordering cost is $4, and annual holding cost is 35 cents per box.

a. Determine the economic order quantity, assuming a 52-week year.
b. If the copy center reorders when the supply on hand is 9 boxes, compute the risk of a stockout.
c. If a fixed interval of 7 weeks is used for ordering instead of an ROP, how many boxes should be ordered if there are currently 27 boxes on hand, and an acceptable stockout risk for the order cycle is 0.0228?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 18:10, paolacorazza

Why would an investor invest in your stocks

Answers: 1

continue

Business, 22.06.2019 20:20, saurav76

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments. a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b

Answers: 2

continue

Business, 22.06.2019 22:30, jasjas3722

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.

Answers: 1

continue

Business, 22.06.2019 22:30, xxcecccc

Rahm's credit card issuer calculates interest based on the outstanding balance at the end of the last billing period. what is this method of calculating interest on a credit card called?

Answers: 2

continue

You know the right answer?

A small copy center uses 4 520-sheet boxes of copy paper a week. Experience suggests that usage can...