Riddhi, a distributor of ITC who deals in 2 categories – Fiama soaps and Bingo chips. Hermonthly turnover of Fiama soaps is 4000 kg and that of Bingo chips is 2000 kg. She is expectedto keep 10 days stock of Fiama soap and 5 days stock of Bingo chips. Stacking norms for Fiamais 8 cartons and for Bingo it is 5 cartons. A Fiama carton has capacity of 10 kgs while a Bingocarton weighs only 5 kg. Čalculate the warehouse space required by Riddhi for storing onlyFiama and Bingo assuming a 25 day month and carton dimensions of length = 1.5 mt andwidth = 0.75 mt for Fiama and carton dimension of length = 2.0 mt and width = 1.0 mt for%3DBingo.

The detailed solution is given in Step 2.

Answered: Riddhi, a distributor of ITC who deals…

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

Similar questions

snip
Please help solve all... please Geliga Bhd. is a distributor of industrial product in Johor. Item A is one of the materials needed in the production process. Item A is consumed at a steady usage at 4000 units per annum. The costs of ordering item A are invariant with respect to order size. The ordering cost has been calculated at RM30 per order. Each order is checked by an employee engaged in using item A in production who earns RM5 per hour irrespective of his output. The employee generates a contribution of RM4 per hour when he not involved in material checks and the stock check takes 5 hours. Annual holding cost amount to RM15 per unit. Required: a. Calculate the optimal order size of item A. b. The supplier of item A has recently offered Geliga Bhd. a quantity discount of RM0.24 per unit on the current price of RM24, for all orders of 400 or more units of item A.
The Ostrya Virginiana furniture company produces wooden chairs. The demand for chairs is 500 units per month. The setup cost for production is $300, and the holding cost is $12 per chair per year. The production rate is 100 chairs per day. Assume 30 working days per month. Determine the following: a) D, S, H, p, u b) EPQ c) Run time
What is the purpose of carrying safety stock? Under what circumstances would you carry high/low safety stock?
9
A service garage uses 204 boxes of cleaning cloths a year. The boxes cost $12 each. The cost to place one order is $15, and the cost to hold one box in inventory for a year is $2.40. The EOQ is? a. 156.5 boxes b. 50.5 boxes c. 174.9 boxes d. 40.4 boxes
If economic order quantity is 2,500 units and consumption in units for one year are 15,000 units, then number of orders in a year will be: a. 10 orders b. 5 orders c. 12 orders d. 6 orders
Describe briefly the A-B-C approach to inventory control.
Develop a measure of risk to go along with the ordering policy. This measure should be quantifiable.
There is no alternative place inside plant premises to store the increased salt consumption. Also the existing storage area cannot be modified and expanded further. Moreover, with the due expansion coming up in next 1 year, the salt consumption will Increase by approx. 50%. 1) Suggest the solution & Innovative way to better utilize the existing space and alternatives for storage area of Salt avoiding any stock-out situation to arise. Nor the plant capacity to be curtailed due to low stock of Salt. Suggestion can be made in terms of new Technology to be adopted and any other Out of Box thinking!
Explain the materials storage guidelines for the racks, bins, pallets, Bags, bundles, containers etc.
Which of the following items is most likely to be stored at the back of a warehouse, furthest away from the shipping dock?a) low number of trips and low number of storage blocksb) low number of trips and high number of storage blocksc) high number o f trips and low number of storage blocksd) high number of trips and high number of storage blocks

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

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

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

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…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS