am moving from Ankara to Istanbul and have rented a truck that can haul up to 1,100 cubic feet of furniture. The volume and value of each item I am considering moving on the truck are given below: Volume (ft) Value ($) Item Bedroom set 800 600 Dining room set 600 1,000 Home theater system 50 200 Sofa 400 200 TV set 200 450
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- Existing inventory level of a company is 20,000 units, which are currently held at 8 warehouses. The company plans to expand its operations to a new region soon by opening new facilities. What is the future number of facilities that achieves a future inventory level of 30,000 units? 10 warehouses 12 warehouses 18 warehouses 15 warehouses 8 warehousesPlease do not give solution in image format thankuWomble Inc. has beginning inventory of $200 and an ending inventory of $400 for a given periodin which it purchased $13,400 worth of materials. What is the dollar amount of materials used inthis period?
- Jack Ltd is a market leader in the manufacture of apple juice. They operate areorder level system of inventory management, and the following information isavailable for green apples:Average usage 800 per dayMinimum usage 540 per dayMaximum usage 1260 per dayLead time for replenishment 16-20 dayReorder quantity 19,500 applesRequired:ii Calculate the maximum level of inventoryThe local supermarket buys lettuce each day to ensure very fresh produce. Each morning, any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week, the supermarket can buy fresh lettuce for $4 a box. The lettuce is sold for $10 a box and the dealer that sells old lettuce is willing to pay $1.50 a box. Past history says that tomorrow’s demand for lettuce averages 250 boxes, with a standard deviation of 34 boxes. How many boxes of lettuce should the supermarket purchase tomorrow?Flag Faber Manufacturing inc of st paul purchases 9,649 top of the line semiconductor; the maximum backordering quantity in units 502; lead time = 1.5 month ( the firm operates 12 months per year). If the firms customer do not object to backordering and each unit backordered costs $4/year, then: what is the longest delay time in months?
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- A manufacturer of exercise equipment purchases the pulley section of the equipment from a supplier who lists these prices: less than 1,000, $5 each; 1,000 to 3,999, $4.95 each; 4,000 to 5,999,$4.90 each; and 6,000 or more, $4.85 each. Ordering costs are $50, annual carrying costs per unitare 40 percent of purchase cost, and annual usage is 4,900 pulleys. Determine an order quantitythat will minimize total cost.Subject-advance mathsThe local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy fresh lettuce for $11.00 a box. The lettuce is sold for $25.00 a box and the dealer that sells old lettuce is willing to pay $3.00 a box. Past history says that tomorrow's demand for lettuce averages 265 boxes with a standard deviation of 42 boxes. How many boxes of lettuce should the supermarket purchase tomorrow? (Use Excel's NORMSINV() function to find the Z-score. Round intermediate calculations to four decimal places. Round your answer to the nearest whole number.) Number of boxes ( ? )