You are running an independent shop that sells beachwear, Ask an Expert

Management Studies

You are running an independent shop that sells beachwear, accessories, and souvenirs at Rehoboth Beach for nine months out of the year. Your number one selling item is the Ray Ban Wayfarer sun glasses. Your current sun glass supplier is Cool Shades. Cool Shades charges you a wholesale price of $12,960 per gross1, with a shipping charge of $72 per gross. Sun Styles, another suppler, charges $13,104 per gross with a shipping charge of $108 per gross. Your average carrying rate for sun glasses is $0.25 per item.

Given the following information, which suppler should you use.

Cool Shades

(current)

Sun Styles

(proposed)

Average order cycle time (OCT) 18 6

Standard deviation of OCT 3 1

Demand per day 24 24

Service level 99% 99%

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93076901

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 what is the meaning of the administration of justice and

1. What is the meaning of the administration of justice and why criminal justice organization should be studied? How does Maslow’s Hierarchy of Needs fit here? 2. Describe the differences between productivity and its sub ...

1 define 1 incremental 2 substantial and 3 transformational

1. Define 1) incremental, 2) substantial, and 3) transformational innovation. Provide two examples of each type of innovation and explain why you chose them. 2. Search the Internet and find an article on a recent global ...

Project management assignment1explain the difference

Project Management Assignment 1. Explain the difference between a Functional Project Structure, Matrixed Project Structure, and Projectized Project Structure. In which structure does the PM have the most authority? 2. On ...

Bay oil produces two types of fuels regular and super by

Bay Oil produces two types of fuels (regular and super) by mixing three ingredients. The major distinguishing feature of the two products is the octane level required. Regular fuel must have a minimum octane level of 92 ...

1 which of the following can be used to monitor a forecast

1. Which of the following can be used to monitor a forecast to see if it is biased high or low? A. a tracking signal B. the mean absolute deviation (MAD) C. the mean absolute percentage deviation (MAPD) D. a linear trend ...

1 discuss the value of companies issuing stock options to

1. Discuss the value of companies issuing stock options to senior executives. Are they appropriate compensation, and do they incentivize the executives to act in the best interest of the company? 2. In an era of fusion c ...

Over the course of the year following dan pricersquos april

Over the course of the year following Dan Price’s April 2015 announcement, he was embroiled in a legal battle with his brother Lucas, co-owner of Gravity Payments. Lucas Price sued Dan, claiming that his brother had viol ...

Data from customer reward cards at a major grocery store

Data from customer reward cards at a major grocery store chain show that of all customers who purchase Coke in their weekly grocery shopping, 90% will purchase it again the next week while 10% will purchase Pepsi instead ...

1 what is employee engagement with examples describe why it

1. What is employee engagement? With examples, describe why it is important to engage employees in an organization? 2. How might you consider the proliferation of technology and its impact on your career pursuit? 3. Scie ...

1 assume the football team is set up as a general

1) Assume the football team is set up as a general partnership and that Lenny, Sarah, and Sam are all general partners in the team. The team is sued for negligence because an individual who turned to see the quarterback ...

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

Recent Questions

Ask Operation Management Expert