Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Operation Management Expert

problem 1: A firm desires to control the inventory levels so as to minimize the sum of holding and order costs. This costs the firm $20 to place an order. The firm estimates its yearly inventory carrying costs at 20%. Weekly demand is 100 units, and there are 50 weeks in the work year. The item costs $10 per unit. The EOQ is around:

A. 316   
B. 224   
C. 145   
D. 45   
E. 32

problem 2: Lincoln Machine Tool Company maintains an inventory pool comprising of 10 items. Each of such items has a unique demand pattern and might need a different type of inventory management system. The annual demand pattern and the unit cost of such items are given in the following table. Categorize the items in A, B, and C categories according to annual dollar usage.

886_inventory pool.jpg

Item 7 will be categorized as:

A. A item   
B. B item   
C. C item   
D. None of the above

problem 3: By using the data of problem 2, Item 6 will be categorized as:

A. A item   
B. B item   
C. C item   
D. None of above

problem 4: By using the data of problem 2, Item 8 will be categorized as:

A. A item   
B. B item   
C. C item   
D. None of above

problem 5: One end item A needs three component parts: B, C, and D. The bill of material points that for each completed A, 3 units of B, 2 units of C, and 1 unit of D are required. Current inventory for the four items is as follows: There are 18 As, 40 Bs, 50 Cs and 35 Ds in stock. If the lead time for all items is one week and there are no scheduled receipts for any item, how many units of product A can be delivered to customers at the beginning of next week (week 2)?

A. 35   
B. 31   
C. 25   
D. 13   
E. None of above

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M96661
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question? 


Related Questions in Operation Management

Discuss the importance of worker retention of top

Discuss the importance of worker retention of top performers. What are the implications of this during a slow economy? Explain. With reference

Why is it important for the safety practitioner to use

Why is it important for the safety practitioner to use macro thinking? Provide one or two examples that support your discussion. Your response must be at least 75 words in length.

Write a 3-page minimum 750 words response to the following

Write a 3-page (minimum 750 words) response to the following questions. Include at least one biblical example in your answers. What biblical tenets are helpful for managers in ensuring that they are communicating with ho ...

Please answer all of these questions based on the assigned

Please answer all of these questions based on the assigned readings and or your personal knowledge. 1-Compare and contrast entrepreneurship with working in a corporate environment as a department head. What are some resp ...

When considering a country to enter with respect to global

When considering a country to enter with respect to global trade, business leaders must determine if the particular country under consideration has a sufficiently acceptable environment in which to operate. Based on your ...

Cicero agreed to teach a student law under the following

Cicero agreed to teach a student law under the following conditions: the student would pay the first half of the fee at the beginning of the course, and the second half after he won his first case. However, following the ...

Please help with the following 2 questions please provide

Please help with the following 2 questions. Please provide a separate answer and a reference for each. Q1. Discuss the strategic importance of layout decisions. How can a particular layout affect a company's strategic go ...

Create a 1-3 page introduction section of the project in

Create a 1-3 page introduction section of the project in which you provide an overview of the topic you selected. Make sure to cover the following: Introduce the topic selected and define new concepts for your reader. Wh ...

Discussion stakeholder engagementwhen engaging stakeholders

Discussion: Stakeholder Engagement When engaging stakeholders, project managers use techniques mentioned in this module. Are some of these techniques better that others or do all work equally well? Choose one of these te ...

Why is the acceptability of a job structure important how

Why is the acceptability of a job structure important? How can organization gain acceptability?

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen