Business, 20.04.2021 20:40 PhJesus

Problem 11-29 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 Holding cost 20 percent of product cost per year Cost of refrigerator $ 500 each Annual demand 500 refrigerators Standard deviation of demand during lead time 10 refrigerators Lead time 7 days Consider an even daily demand and a 365-day year. a. What is the economic order quantity? (Round your answer to the nearest whole number.) Economic order quantity refrigerators b. If the distributor wants a 97 percent service probability, what reorder point, R, should be used? (Use Excel's NORMSINV() 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.) Reorder point refrigerators

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:40, foreverrocky12p2asun

At the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events. 1. a. interns b. trainees c. members 2. a. participate b. train c. win

Answers: 2

continue

Business, 22.06.2019 08:20, auntlynard1843

How much does a neurosurgeon can make most in canada? give me answer in candian dollar

Answers: 1

continue

Business, 22.06.2019 10:50, dbhuggybearow6jng

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?

Answers: 2

continue

Business, 22.06.2019 19:40, gakodir

Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%

Answers: 3

continue

You know the right answer?

Problem 11-29 A distributor of large appliances needs to determine the order quantities and reorder...