Homework Help is Here – Start Your Trial Now!
Business
Operations Management
In purchasing the Ops Mgt textbook from the publisher, the JU Bookstore was offered the following pricing schedule. QUANTITY PRICE $20 $18 $17 1 - 49 50-99 100 + The annual demand is expected to be 200 books. The ordering cost is $20 and the annual holding cost is $3 per book. 10a) What is the OPTIMAL ORDER SIZE?

In purchasing the Ops Mgt textbook from the publisher, the JU Bookstore was offered the following pricing schedule. QUANTITY PRICE $20 $18 $17 1 - 49 50-99 100 + The annual demand is expected to be 200 books. The ordering cost is $20 and the annual holding cost is $3 per book. 10a) What is the OPTIMAL ORDER SIZE?

Practical Management Science
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...
See similar textbooks
icon
Related questions
Question
Questions in red 10-12
lle University in Jacksonville, Fla. 2 10. In purchasing the Ops Mgt textbook from the publisher, the JU Bookstore was offered the following pricing schedule. QUANTITY PRICE 0 W S $20 $18 100 + $17 The annual demand is expected to be 200 books. The ordering cost is $20 and the annual holding cost is $3 per book. 10a) What is the OPTIMAL ORDER SIZE? 11. In deciding on where to locate their next grocery store, Publix narrowed it down to 3 locations (St. Augustine, the Airport area, or the Westside). They are using 4 criteria to make their decisions costs (with a weight of 40%), customer base (with a weight of 30%), transportation (with a weight of 20%) and labor market (with a weight of 10%). Each item was scored on a 5-point scale with 5 being the highest. JAX Airport #3 Q learn-us-east-1-prod-fleet01-xythos.content.blackboardcdn.com E MYJU Students D MEAN SCORE 11a) Which location should they choose based on the results? 11b) What is the computed score for the recommended location? $ Costs Customers Transportation Labor 4 1 - 49 50-99 12. Mitch just built 4 franchise locations for his newest pizzerias and wants to decide where to put his headquarters. He makes 3 weekly visits to his Northside store (X= 3, Y = 10), 5 visits to his Eastside store (X=4, Y = 6), 2 visits to his Southside store (X= 3, Y = 5) and 3 visits to his Westside store (X= 1, Y = 5). Compute the center of gravity to help him with his location decision, using the number of weekly visits as the weights. 12a) What are the coordinates of the central location? R 13. A project consists of four tasks: A, B, C, and D. Task A must be completed before B and C are started, and task C must be completed before task D is started. Each task takes 1 day to complete. F 12b) If he plans to put his headquarters in one of the 4 store locations, which store should he choose (i.e. which one is closest to the center of gravity)? % St. Augustine 2 5 T 5 3 0 G A 6 3 4 0 Blackboard Learn ----- 2 Y & 7 H U Westside OO * 8 5 2 1 3 J 1 ( 9 K B https://learn-us-east-1 0 ) 0 L I' P
Transcribed Image Text:lle University in Jacksonville, Fla. 2 10. In purchasing the Ops Mgt textbook from the publisher, the JU Bookstore was offered the following pricing schedule. QUANTITY PRICE 0 W S $20 $18 100 + $17 The annual demand is expected to be 200 books. The ordering cost is $20 and the annual holding cost is $3 per book. 10a) What is the OPTIMAL ORDER SIZE? 11. In deciding on where to locate their next grocery store, Publix narrowed it down to 3 locations (St. Augustine, the Airport area, or the Westside). They are using 4 criteria to make their decisions costs (with a weight of 40%), customer base (with a weight of 30%), transportation (with a weight of 20%) and labor market (with a weight of 10%). Each item was scored on a 5-point scale with 5 being the highest. JAX Airport #3 Q learn-us-east-1-prod-fleet01-xythos.content.blackboardcdn.com E MYJU Students D MEAN SCORE 11a) Which location should they choose based on the results? 11b) What is the computed score for the recommended location? $ Costs Customers Transportation Labor 4 1 - 49 50-99 12. Mitch just built 4 franchise locations for his newest pizzerias and wants to decide where to put his headquarters. He makes 3 weekly visits to his Northside store (X= 3, Y = 10), 5 visits to his Eastside store (X=4, Y = 6), 2 visits to his Southside store (X= 3, Y = 5) and 3 visits to his Westside store (X= 1, Y = 5). Compute the center of gravity to help him with his location decision, using the number of weekly visits as the weights. 12a) What are the coordinates of the central location? R 13. A project consists of four tasks: A, B, C, and D. Task A must be completed before B and C are started, and task C must be completed before task D is started. Each task takes 1 day to complete. F 12b) If he plans to put his headquarters in one of the 4 store locations, which store should he choose (i.e. which one is closest to the center of gravity)? % St. Augustine 2 5 T 5 3 0 G A 6 3 4 0 Blackboard Learn ----- 2 Y & 7 H U Westside OO * 8 5 2 1 3 J 1 ( 9 K B https://learn-us-east-1 0 ) 0 L I' P
Expert Solution
steps

Step by step

Solved in 3 steps with 5 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS