Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Operation Management Expert

The manager of car wash received revised price list from the vendor who supplies soap, and promise of shorter lead time for deliveries. Formerly the lead time was 4 days, but now the vendor promises the reduction of 25 percent in that time. Annual usage of the soap is 4500 gallons. The car wash is open 360 days a year. Suppose that daily usage is normal, and that it has the standard deviation of 2 gallons for each day. The ordering cost is $30 and annual carrying cost is $3 a gallon. The revised price list (cost per gallon) is given in the following table:

Quantity

unit price

1-399

$2

400-799

$1.70

800+

$1.62

a. What order quantity is optimal?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M914559

Have any Question? 


Related Questions in Operation Management

Detailsrefer to retailmax role for cam archer and retailmax

Details: Refer to "RetailMax: Role for Cam Archer" and "RetailMax: Role for Regan Kesse." Create a paper of 1,000-1,250 words that includes an introduction and conclusion that make relevant connections to course objectiv ...

Describe each of the big-five personality traits if you

Describe each of the Big-Five personality traits. If you were a manager, what job functions would you give to employees with each of the Big-Five personality traits so that they can be high performers?

Consider the productservice for tubelessairless tyresin

Consider the product/service for Tubeless/Airless Tyres In your posting, provide an overview of the product or service and discuss how interacting with others, interacting with employees, studying competitors, and adopti ...

The purpose of this assignment is to help you to understand

The purpose of this assignment is to help you to understand the project management task of scheduling resources. Read the case study "No Bottom-up Estimate, No Job" on pp. 155-157 of your textbook, Case Studies in Projec ...

Analyze the process you will use from the time you have

Analyze the process you will use from the time you have received the applications to the time you make a hiring decision (you need to conceive of at least four steps in the hiring process). Explain each of these steps in ...

A bank of ten machines requires regular periodic service

A bank of ten machines requires regular periodic service. Machine running time and service time are both exponential. Machines run for an average of 44 minutes between service requirements, and service time averages 6 mi ...

Select the case that would most likely be filed under

Select the case that would most likely be filed under disparate impact. A. Majority of the applicants with high test scores are rejected due to an affirmative action plan. B. A majority applicant is rejected on the groun ...

Consider if you will that you are a member of the perceived

Consider if you will, that you are a member of the perceived out-crowd and that your group has traditionally completed whatever you were assigned with speed, accuracy, and efficiency. The in-crowd is new, inexperienced a ...

Are corporations good or bad defend your positionwow can

Are corporations good or bad? Defend your position. Wow, can this question be any less specific? Well, there is a reason for it, which you will discover as we progress through the responses. To help you this week let me ...

The manager at the local store of a national home

The manager at the local store of a national home improvement chain is studying their inventory system. He has chosen one high volume product as the first product to examine. The historical supply and demand data for thi ...

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate