Business, 06.07.2021 19:40 Giovanni0312
Cranium, Inc., purchases a part from an overseas supplier under a continuous review system. The average demand for the part is 320 units a day with a standard deviation of 30 units a day. It costs $60 to process each order and there is a five-day lead-time. The holding cost for each part is $0.25 per year and the company policy is to maintain a 98% service level. Cranium operates 200 days per year. What is the reorder point R to satisfy a 98% cycle-service level? (choose the range below which contains the correct answer)
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 07:40, carliehanson9908
Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?
Answers: 1
Business, 22.06.2019 17:30, samanthaepperson
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
Answers: 1
Business, 22.06.2019 21:10, kmacho9726
Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?
Answers: 3
You know the right answer?
Cranium, Inc., purchases a part from an overseas supplier under a continuous review system. The aver...
Questions in other subjects:
Computers and Technology, 18.12.2021 22:20
Mathematics, 18.12.2021 22:20
SAT, 18.12.2021 22:20
English, 18.12.2021 22:20
History, 18.12.2021 22:20
