Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Management Theories Expert

Management Studies


Home >> Management Theories

Nittany Fans:

Nittany Fans of Lewistown, Pennsylvania is a distributor of industrial fans utilized in plants, warehouses and other industrial facilities.
The fans are manufactured in Neenah, Wisconsin, and presently shipped to Lewistown through rail transportation.
Kenny Craig, vice president of logistics, has asked his staff to assess by using motor carrier service to ship the fans.
Nick Gringher, director of distribution, has collected the given information:

Nittany Fans: Data

Annual demand                                    36,000 fans
Fan value (price)                                  $ 4,000
Inventory carrying cost annually              25%
Cost per order to accomplish inventory     $ 200
In-Transit inventory carrying cost           15%
Order cycle time using rail                      4 days
Order cycle time using motor carrier         2 days
Rail rate                                              $ 1.00 per cwt
Motor carrier rate                                 $ 1.25 per cwt
Unit weight                                         250lbs per fan

Nittany Fans: problems

problem 1: Determine the economic order quantity for Nittany Fans in units? In pounds?

problem 2: What is the total cost (w/o transportation) of the EOQ?

problem 3: Find out the total cost for using the rail transportation?

problem 4: Find out the total cost for using the motor carrier transportation?

problem 5: Which alternative must Nittany Fans use?

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M9654

Have any Question? 


Related Questions in Management Theories

Seek out at least three individuals within your sphere of

Seek out at least three individuals within your sphere of influence and ask the following: What does workplace stress feel like to you? What activities or actions do you or your organization initiate to reduce workplace ...

Assignment overview -this assessment item requires you to

Assignment Overview - This assessment item requires you to consider:- The operation of diverse and complex government and non-government project contractural arrangements relevant to a range of managed services, ICT, and ...

Firm a has been dealing in baby food products for the past

Firm A has been dealing in baby food products for the past 10 years and enjoys a good market share. Suppose a new firm enters the market to capitalize on the increasing demand for such products. However, the products of ...

Each of 30 teams in a league has a demand for generic

Each of 30 teams in a league has a demand for generic advertising of Q = 260 - 4P. Price is measured in thousands of dollars. Ads cost $510,000 each. How many ads will the teams want to purchase as a group?

54 of public high school students are provided a computer

54% of public high school students are provided a computer by their school district. 40 students are selected at random. The random variable represents the number of students who have been provided a computer by their sc ...

Discussion post in a minimum of 150 words select one of the

Discussion Post: In a minimum of 150 words, select one of the discussion questions from the case study and answer the discussion question you selected. (The list of discussion questions from the case study are listed bel ...

Assessment descriptionyou are required to read the

Assessment Description You are required to read the following journal article article: 1. How Risky is Your Company? HBR. May-June 1999 You are also required to read a fictional case study based on a company that will be ...

Assume that a perfectly competitive firm has the following

Assume that a perfectly competitive firm has the following revenue and cost functions: TC= 5625 +5Q + 0.01Q^2 AVC=5 + 0.01Q MC=5 + 0.02Q TR=20Q A) what is the level of output that maximizes profits, if any? Compute profi ...

Describe how government-supported big business during the

Describe how government-supported big business during the Reagan Era effected the U.S. economy and labor unions.

As a single parent earning on a limited income how can you

As a single parent earning on a limited income, how can you stretch your grocery dollar to plan nutritious meals for you and your children? Would you seek the assistance of federal programs?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved