3. a) Calculate the Lot size for Zara production clothes.DdрQHS==11Annual demand = 400,000 unitsDaily demand = 400,000/250= 1,600 per dayDaily production rate = 4,000 unitsEOQ desired = 400= Holding cost $20 per unitSetup cost (to be determined)=b) Determine optimal number of needles to order.D = 1,000 unitsS = $10 per orderH = $.50 per unit per yearc) Determine expected number of orders.d) Determine the total annual cost.

a) From the above given information, The formula for production lot for the optimal number of…

Answered: 3. a) Calculate the Lot size for Zara…

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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5. A product whose EOQ is 120 units experiences a decrease in ordering cost from $90 per order to $10 per order. The revised EOQ is: Select one: a. 900 b. 40 c. 360 d. 30 e. 10
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I pt Amy works for an insurance company. Last month, she met with 40 prospects and made 16 sales totaling $52,000. Since she exceeded her monthly sales goal of $25,000, her manager gave her a bonus. What was Amy's conversion rate and her "meeting quota" percentage for the month? O 40%, 48% O 48%, 40% O 48%, 208% O 40%, 208% O 208%, 40% Question 3 DuPont assigned groups comprised of chemists, sales and marketing executives, and regulatory Trowors The product recorded sales of $57 million in its fi
Daily demand (d) 150 units Mean lead time (LT) 9 days Standard deviation of lead time (σLT) 3 days Service level 97% 1. What is the required safety stock at a 97 percent service level? ______ units 2. What is the reorder point? ______ units
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18 If the standard deviation of demand is six per week, demand is 50 per week, and the desired service level is 95%, approximately what is the statistical safety stock? Select one: a. 16 units b. 64 units c. 10 units d. Cannot be determined without lead time data. e. 8 units
The following data give monthly Demband >1300 units Ordenng cost Holding lo st to Q - $ 15 pe oder $2/ units peo year 464 Lead time 4 days %3D wha t is the tolal annua / vanable inventory Cost Cie total annus! total aroual ordening) © $968 $ 8 ® $484 D $ I436 14520
Fat(g) Item cost($) $0.25 $0.15 $0.10 $0.09 $0.03 $0.04 $0.02 $0.04 Item Sodium(mg) Calories Beef Ratty.m 50 17 220 260 330 310 Bun Cheese 70 Onions 1 10 Pickles 260 5 wer Lettuce 3 4 Ketchup 160 20 Tomato 3 As the owner of a fastfoad restaurant with declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded with everything as long as it meets certain health requirements. Money is no object to them. The ingredient list in the table shows what is available to include on the burger. You must include at least one of each item and no more than five of each item. You must use whole items (for example, no half servings of cheese). The final burger must contain less than 3000 mg of sodium, less than 150 grams of fat, and less than 3000 calories. To maintain certain taste quality standards you'll need to keep the servings of ketchup and lettuce the same. Also, you'll need to keep the servings of…
Beginning Quantity Ending Inventory Order? Lost Week Demand inventory on-order inventory position (yes/no) Sales 1 100 53 2 40 3 36 4 38 5 55 6 34 7 30 8 31 9 40 10 57 11 30 12 53
4) Rane Brake Linings gathered information for its brake lining components as presented in the table below. How would the firm classify these items according to an ABC classification system? Initial Information Part # Unit Cost Annual Demand 10 10 200 11 30 125 12 9 100 13 12 5000 14 50 195 15 6 300 16 100 70
K Cesar Rego Computers, a Mississippi chain of computer hardware and software retail outlets, supplies both educational and commercial customers with memory and storage devices. It currently faces the following ordering decision relating to purchases of disks: D S I Purchase price Discount price Quantity needed to qualify for the discount = 5,900 disks. What is the EOQ? 36,100 disks $25 22% $0.87 $0.81 EOQ = units (round your response to the nearest whole number). ncorrect
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