solve all parts within 30 mins. if all the larts are not solved i will give negative ratings for sure. Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of 18,700 units per year. It costs Leaky Pipe $15 to process an order to replenish stock and $3.00 per unit per year to carry the item in stock.Stock is received 2 working days after an order is placed. No backordering is allowed. Assume 275 working days a year.units. (Enter your response rounded to the nearest whole number.)a. Leaky Pipe's optimal order quantity isb. The optimal number of orders per year isorders. (Enter your response rounded to the nearest whole number.)c. The optimal interval (in working days) between orders is days. (Enter your response rounded to one decimal place.)d. The demand during lead time is units. (Enter your response rounded to the nearest whole number.)e. The reorder point isunits. (Enter your response rounded to the nearest whole number.)f. The inventory position immediately after an order has been placed isunits. (Enter your response rounded to the nearest whole number.)

Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of 18,700 units per year. It costs Leaky Pipe $15 to process an order to replenish stock and $3.00 per unit per year to carry the item in stock. Stock is received 2 working days after an order is placed. No backordering is allowed. Assume 275 working days a year. a. Leaky Pipe's optimal order quantity is units. (Enter your response rounded to the nearest whole number.) b. The optimal number of orders per year is orders. (Enter your response rounded to the nearest whole number.) c. The optimal interval (in working days) between orders is days. (Enter your response rounded one decimal place.) d. The demand during lead time is units. (Enter your response rounded to the nearest whole number.) e. The reorder point is units. (Enter your response rounded to the nearest whole number.) f. The inventory position immediately after an order has been placed is units. (Enter your response rounded to the nearest whole number.)

Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of 18,700 units per year. It costs Leaky Pipe $15 to process an order to replenish stock and $3.00 per unit per year to carry the item in stock. Stock is received 2 working days after an order is placed. No backordering is allowed. Assume 275 working days a year. a. Leaky Pipe's optimal order quantity is units. (Enter your response rounded to the nearest whole number.) b. The optimal number of orders per year is orders. (Enter your response rounded to the nearest whole number.) c. The optimal interval (in working days) between orders is days. (Enter your response rounded one decimal place.) d. The demand during lead time is units. (Enter your response rounded to the nearest whole number.) e. The reorder point is units. (Enter your response rounded to the nearest whole number.) f. The inventory position immediately after an order has been placed is units. (Enter your response rounded to the nearest whole number.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

The XYZ Manufacturing Company is evaluating options for spending on product quality and wants to find the optimal amount to spend on changing its processes to further prevent defects. Its engineers have developed the following estimates: 1. Defects The current defect rate is 10%. If it invests an additional $10 per unit in prevention costs, the defect rate will drop to 6%; spending $20 per unit on prevention drops the defect rate to 3%; spending $30 per unit drops the defect rate to 1.5%; and investing $40 per unit on prevention reduces the defect rate to 1%. 2. Inspection Inspection costs are $5 per unit. Inspection is successful at detecting 98% of defective units; the remaining 2% of defective products are sold and eventually returned for warranty repairs or replacement at no cost to the customer. 3. Internal failure costs are $400 per defective unit that is detected. 4. External failure costs are $1000 per unit returned. 5. Current production level is 1 million units. REQUIRED: A.…
Do not provide solution in imge format. and also do not provide plagarised content otherwise i dislike.
Your company is evaluating two cloud-based secured data storage services. "Great Sky," the newer service, claims its uploading and downloading speeds are faster than the older service, "Clear and Steady Skies." You need to make a decision based on published access times for both services at different times and for varying file sizes. To make your decision, you purchase two statistical studies from which you discover the average download time for Great Sky is 0.67 sec. per MB and for Clear Steady Skies is 0.84. Additionally, the studies indicate the following sample information: NGS = 60 ncss = 50, SGS = 0.25 and scss = 0.55. Use a = .05, and the five step hypothesis testing procedure to make the appropriate decision.
Consider a drill press containing three drill bits. The current policy (called individual replacement) is to replace a drill bit when it fails. The firm is considering changing to a block replacement policy in which all three drillbits are replaced whenever a single drill bit fails. Each time the drill press is shut down, the cost is $100. A drill bit costs $50, and the variable cost of replacing a drill bit is $10. Assume that the time to replace a drill bit isnegligible. Also, assume that the time until failure for a drill bit follows an exponential distribution with a mean of 100 hours. This can be modeled in @RISK with the formula 5RISKEXPON (100). (Note: If you have the academic version of @RISK, this problem will require more RISKEXPON functions than the 100 allowed, but there is an easy workaround. An exponentially distributed random variable can be generated with Excel functions only using the formula =-Mean*LN(RAND()). Then @RISK can still be used to run the simulation.)…
If consumers are willing to wait weeks or months forthe latest iPhone, why does Apple need to worryabout producing enough phones to meet immediatedemand?
Dell Computers receives large shipments of microprocessors from Intel Corp. It must try to ensure the proportion of microprocessors that are defective is small. Suppose Dell decides to test five microprocessors out of a shipment of thousands of these microprocessors. Suppose that if at least one of the microprocessors is defective, the shipment is returned. Calculate the probability that the entire shipment will be kept by Dell even though the shipment has 10% defective microprocessors. 0.4550 0.5905 0.3979 0.3995
CyberBest started to develop an anti-malware application on August 1, 20X1. It reached technological feasibility on March 1, 20X2, and the application was released on April 30, 20X2. Below are costs to develop the application. August 1 through December 31, 20X1 $5,000,000 January 1 through February 28, 20X2 1,600,000 March 1 through April 30, 20X2 1,800,000 Determine the amount of asset and the amount of R&D expenses relating to the development of this anti-malware application. $1,800,000 asset, and $6,600,000 R&D expenses $5,000,000 asset, and $3,400,000 R&D expenses $6,600,000 asset, and $1,800,000 R&D expenses $3,400,000 asset, and $5,000,000 R&D expenses
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Groove Street Games (GSG) is developing a new free-to-play, massive multiplayer online crime simulator game and wishes to create a simulation model to estimate the expected NPV of the game. GSG faced several uncertain factors and made the following assumptions that would hopefully help them build a simulation model. • Product Life: It is equally likely that the game will stay operational for 1, 2, 4, 6, or 8 years, but there is a 10% possibility that the game will stay operational for the next 10 years. • Microtransaction Rate: GSG estimates that there is a 50% chance that at least 30% of the players would purchase at least one in-game cash item, but there is also an equal chance that the number would fall below 10%. GSG is confident that the distribution of the microtransaction rate closely resembles a bell shape. • Market Share: GSG believes its market share in year 1 would be at best 70%, most likely 35%, and at worst 10%. • Server Maintenance Cost: The annual server maintenance…
Hello, I can't figure out the answer to a question. I have attached a screen shot of the question. I am able to calculate part A correctly as shown, but I can not get part B. The answer I got in part b about factory worth was $599,348.18. I have followed the formulas shown exactly. On this problem I did =PV(0.09,4,-185000,0) in excel. I have done this problem multiple times with different numbers and always get part A, but not part B. Getting part A correct tells me all my input numbers are correct, so what am I doing wrong for part B? I have also attached screen shot of my excel sheet and you can see formula I entered in the bar above
A manufacturer of potato chips would like to know whether its bag filling machine works correctly at the 428 gram setting. Is there sufficient evidence at the 0.05 level that the bags are overfilled? Assume the population is normally distributed. State the null and alternative hypotheses for the above scenario. Answer Ho: Ha: Tables Keypad Keyboard Shortcuts
Richins Company is considering the acquisition of a computerized manufacturing system. The new system has a built in quality function that increases the control over product specifications. An alarm sounds whenever the product falls outside the programmed specifications. An operator can then make some adjustments on the spot to restore the desired product quality. The system is expected to decrease the number of units scrapped because of poor quality. The system is also expected to decrease the amount of labor inputs needed. The production manager is pushing for the aquisition because he believes that productivity will be greatly enhanced - particularly when it comes to labor and material inputs. Output and input data follow. The data for the computerized system are projections. Current System Computerized System Output (units)…