You are the store manager for a Bomberland store.

You are the store manager for a Bomberland store. One of your products is a study desk. This desk comes in two colors: maple and cherry. Weekly demand for each desk color follows a Normal distribution with mean 100 and standard deviation 50. The demands for the two colors are independent. You order inventory replenishments weekly, the lead-time from your supplier is 3 weeks and your supplier is quite reliable, i.e., you always receive your entire order in three weeks. You use the order up-to model to decide your order quantities.

 

24. Suppose your order up-to level S is 400 for maple. After receiving your weekly delivery from your supplier at the beginning of a week, you note that you have 250 units of the maple desk on-hand, 100 maple desks still on-order and no maple desks backordered. How many maple desks will you order this week?

a. 0

b. 50

c. 100

d. 150

e. 200

25. Suppose your order up-to level is 500 for maple desks. With a 3-week lead time, what is your expected ending inventory of maple desks? Choose the closest number.

a. 98

b. 108

c. 208

d. 308

e. 408

26. If the order-up-to level for maple is S = 500, what is the approximate fill rate?

a. 92.00%

b. 95.00%

c. 98.75%

d. 99.56%

e. 100.00%

27. Suppose the ordering cost for maple desk is $100 and the unit holding cost is $5 per day. If there are 5 working days each week, the length of the review period using the economic order quantity model is (Hint: use the economic order quantity in Chapter 7 to figure out the length of a review period. The review period is the average flow time of one order cycle.)

a. Less than 1 day

b. Between 1 day and 2 days

c. At least a week

d. Two weeks or longer

 

find the cost of your paper

What is Family Resource Management and why is it important to today’s American family?

“What is Family Resource Management and why is it important to today’s American family?” Goldsmith, E. B., & GOLDSMITH, E. B. (2003). Resource Management. In J. J. Ponzetti Jr. (Ed.), International….

Pitch Proposal

Major Assignment: Pitch Proposal Overview While technical professionals are process-oriented and enjoy examining intricate details, many audiences need the message to be broken into actionable bits that help them understand….

The impact of workplace bullying in nursing

Assessment 2: Presentation Topic: The impact of workplace bullying in nursing . You will reflect on your chosen situation and consider strategies to manage the wellbeing of yourself and others to….