2 A manager receives a forecast for next year. Demand is projected to be 600 units for the first half of the year and 900 units for thesecond half. The monthly holding cost is $2 per unit, and it costs an estimated $55 to process an order.a. Assuming that monthly demand will be level during each of the six-month periods covered by the forecast (e.g., 100 per month foreach of the first six months), determine an order size that will minimize the sum of ordering and carrying costs for each of the six-month periods. (Round your answers to the nearest whole number.)Period1-6 months7-12 monthsOrder SizePeriod1-6 months7-12 months.unitsunitsb. If the vendor is willing to offer a discount of $10 per order for ordering in multiples of 50 units (e.g., 50, 100, 150), would you advisethe manager to take advantage of the offer in either period? If so, what order size would you recommend?Order Sizeunitsunits

First, let me state the given data, Period: 1 to 6 months,The demand for the first half of the year…

Answered: a. Assuming that monthly demand will be…

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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A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
Course: Management Informatin Systems 1 This activity demonstrates how to create graphics to enhance the presentation of quantitative data Scenario The sales manager for a small manufacturer is interested in marketing the company's rain coat line in a new area of the country. As a first step to establishing a marketing plan she has asked you to produce some graphs showing the market share of the products sold over the past several years in the region. Analysis After some research, you acquire the approximate sales for each of the competing products presently in the region under consideration (See the data given below). The question now is to show how best to organize the data to take advantage of a graphical analysis. Pie charts give a quick overview of the market share "slices” each competitor presently enjoys. So you decide to use a pie chart to graph the most recent year's sales data for the region. This will give a good indication of just who the market leaders are and how crowded…
1:47 1 4.3 Unanswered •3 attempts left 87 Х What would be the tax liability for a single taxpayer who has a gross income of $55,300 (use the chart attached and use a standard deduction of $13,850) (round to the nearest cent) {DO NOT INCLUDE COMMAS OR $}? ①Numeric answer Type your response 2023 tax brackets: single filers Tax rate Taxable income bracket Tax owed 10% $0 to $11,000. 10% of taxable income. 12% $11,001 to $44,725. $1,100 plus 12% of the amount over $11,000. 22% $44,726 to $95,375. $5,147 plus 22% of the amount over $44,725. 24% $95,376 to $182,100. $16,290 plus 24% of the amount over $95,375. 32% $182,101 to $231,250. $37,104 plus 32% of the amount over $182,100. 35% $231,251 to $578,125. 37% $578,126 or more. $52,832 plus 35% of the amount over $231,250. $174,238.25 plus 37% of the amount over $578,125. Submit
Louisiana is busy designing new lottery scratch-off games. In the latest game, Bayou Boondoggle, the player is instructed to scratch off one spot: A, B, or C. A can reveal "Loser," "Win $2," or "Win $15." B can reveal "Loser" or "Take a Second Chance." C can reveal "Loser" or "Win $500." On the second chance, the player is instructed to scratch off D or E. D can reveal "Loser" or "Win $2." E can reveal "Loser" or "Win $15." The probabilities at A are 0.70, 0.19, and 0.11. The probabilities at B are 0.75 and 0.25. The probabilities at C are 0.995 and 0.005. The probabilities at D are 0.6 and 0.4. Finally, the probabilities at E are 0.94 and 0.06. Draw the decision tree that represents this scenario. Use proper symbols and label all branches clearly. Calculate the expected value of this game. Choose the correct decision tree below. OA. O C. B Loser (0.995) Win $2 (0.00) Win $500 (0.005) Loser (0.75) 2 Second Chance (0.25) 0 Loser (0.6) 0 Win $2 E Loser (0.70) 0 0.4) 2 Loser (0.94) Win $2…
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