Business, 15.04.2020 04:59 Nopernope11
A coffee roaster in Richardson has opened a retail store adjacent to the production plant. The plant manager wishes to optimize the inventory costs of the company’s best-selling coffee. The annual demand for the coffee is 36,000 bags and the plant works 240 days per yr. The plant can roast the coffee at a rate of 200 bags per day. The cost to prepare the equipment to start a production run is $200 and the annual inventory carrying cost is $3.6 per year.
1. What is the maximum inventory achieved during a production run?
2. How many production runs are needed to meet the annual demand?
3. What is the average inventory of coffee?
4. What is the total annual cost of producing and storing the company's best-selling coffee?
5. What should be the optimum quantity of coffee to produce?
Answers: 1
Business, 21.06.2019 18:20, jordan495413
Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t
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Business, 23.06.2019 17:30, Mevans5602
Globalman tech purchased raw material from newbiztr co. when the sales team at newbiztr co checked the system, there was no payment detail in the system, though the order-delivery details were present. also, it seemed that someone had tampered with the details of the previous order. which important data-management features were compromised? the of data was compromised because there were corresponding payment details. the of data was compromised as someone had tampered with the details of the previous order.
Answers: 2
A coffee roaster in Richardson has opened a retail store adjacent to the production plant. The plant...
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