14. Toyco produces a line of Bonnie dolls and accessories at its plants in New York andBaltimore that must be shipped to distribution centers in Chicago and LosAngeles. The company uses Air Freight, Ic., to make its shipments. Suppose thatit can ship directly or through Pittsburgh and Denver. The daily production rates atthe plants are respectively 5,000 and 7,000 units daily, and the demands at the dis-tribution centers are respectively 3,500 and 8,500 units daily. The costs of shipping1,000 units are given in the following table. Find the optimal shipping routes andthe associated cost.тоPittsburghDenverChicago Los Angeles$18277FNew YorkBaltimore$375290275$285245125$460575380RPittsburghMDenver90110

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Answered: 14. Toyco produces a line of Bonnie…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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IT has a stall that specializes in handcrafted fruit baskets that sell for P60 each. Daily fixed costs are P15,000 and variable costs are P30 per basket. An average of 750 baskets is sold each day. IT has a capacity of 800 baskets. By closing time yesterday, a tourist bus stopped by IT's stall. Collectively, the passengers offered IT P1,500 for 40 baskets. IT should have: A.Rejected the offer since he could have lost P500B.Rejected the offer since he could have lost P900C.Accepted the offer since he could have P300 contribution marginD.Accepted the offer since he could have P700 contribution margin
8) What are the procedures for issuing materials? 9) How are the levels of replenishment determined? 10) Why should there be a minimum and maximum level of stock maintained at the warehouse
7. A bakery wants to determine how many trays of doughnuts it should prepare each day. Demand is normal with a mean of 5 trays and standard deviation of 2 trays. If the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? Assume doughnuts have no salvage value after the day is complete. Select one: a. 7 b. 8 c. 6 d. 3 e. 9
Problem 21-9 (Algo) Semans is a manufacturer that produces bracket assemblies. Demand for bracket assemblies (X) is 137 units. The following is the BoM in indented form: ITEM DESCRIPTION USAGE X Bracket assembly 1 A Wall board 5 B Hanger subassembly 2 D Hanger casting 2 E Ceramic knob 1 C Rivet head screw 4 F Metal tong 3 G Plastic cap 1 Below is a table indicating current inventory levels: Item X A B C D E F G Inventory 30 20 73 22 200 149 1,000 90 b. What are the net requirements of each item in the MPS? (Leave no cells blank - be certain to enter "0" wherever required.)
ABC Company is planning to stock its product which is classified as an inventory item. The company has developed the following information: Annual usage is 16,200 units, cost of the inventory per unit is P730; ordering cost is P220 per order; carrying cost is 28% of inventory value per year. Determine the optimum number of units per order.
The seasonal demand for a particular product is given below: Period 12 3 4 56 Demand 300 450 100 450 450 100 The fixed parameters are: Fixed Cost $8 Unit Production Cost $1 Holding Cost $1.3 Calculate total ordering cost using the following three methods: i) Lot-for-Lot ii) Wagner-Whitin algorithm iii) Fixed order quantity
Greek Circle manufacturing makes and sells specialty hubcaps for the retail automobile after market. GC’s forecast for its wire-wheel hubcap is 2,000 units next year, with an average daily demand of 4 units. However, the production process is most efficient at 8 units per day. If the Setup costs are $10, the Carrying Costs are $0.50 per unit per year, what is the Optimum Production Order Quantity? So the company produces 8 per day but uses only 4 per day. The company wants to solve the optimum number of units per order. (Note. The plant schedules production of this hubcap only as needed, during the 250 days per year the shop operates). If the Setup costs are $10, the Carrying Costs are $0.50 per unit per year, what is the Optimum Production Order Quantity.
The seasonal demand for a particular product is given below: Period 1 2 3 4 5 6 Demand 300 450 100 450 450 100 The fixed parameters are: Fixed Cost $8 Unit Production Cost $1 Holding Cost $ 1.3 Calculate total ordering cost using following three methods: i) Lot-for-Lot ii) Wagner-Whitin algorithm iii) Fixed order quantity Which method you will chose to order and why? Please do fast... ASAP... do fast
6
Problem 13-16 The McDonald's fast-food restaurant on campus sells an average of 4,800 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week, and on average the store has 465 pounds of hamburger in stock. Assume that the hamburger patties cost $3 a pound and there are 52 weeks in a year. a. What is the inventory turnover for the hamburger patties? (Round your answer to 2 decimal places.) Inventory turnover per year b. On average, how many days of supply are on hand? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Average days of supply
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the members of an instamural softball team decided to get cutom t-shirts made. there arer two screening shoops in town that they can choose from wave graphic charges a setup fee of $22 and then each shirt is $7. The shirt shack doesnt charge a setup fee but each shirt is $9. if for some bizarre reason the team decided to only order three shirts question 1. the goal to find the # of shirts for which the two shops would charge the same. a. wright a equation that describes the cost c of buying x shirts from the shirt shack b. wright an equation thsat describes the cost C of buying x shirts from wave graphics c. now you have a sytem of equations with each shop by making a table of values number of x shirts are 3,6,9,12,15 whats the cost for each one shack and cost of wave graphic for each one?

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