Please do not give solution in image format thanku PetSmart operates 48 weeks per year and uses a continuous review inventorysystem. It purchases dry dog food for $16 per bag. The following information isavailable about these bags. Refer to the standard normal table at bottom of this page.Average demand = 94 bags/weekOrder cost = $40/orderAnnual holding cost = 25 percent of the unit costDesired cycle-service level=89.97 percentLead time = 1 week constantStandard deviation of weekly demand = 16 bagsCurrent on-hand inventory is 300 bags, with no open orders or backorders.What is the EOQ? (Enter your response rounded to the nearest whole number.)

As per this question, I would determine the EOQ quantity, Now, I would determine the EOQ quantity,…

Answered: What is the EOQ? (Enter your response…

Business

Operations Management

What is the EOQ? (Enter your response rounded to the nearest whole number.)

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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Please do not give solution in image format thanku Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 35% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,800 loaves per month. Employees are paid $8 per hour. In addition to the labor cost, Charles also has a constant utility cost per month of $800 and a per loaf ingredient cost of $0.40. Current multifactor productivity for 640 work hours per month = 0.271 loaves/dollar…
Please do not give solution in image format thanku Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 45% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,600 loaves per month. Employees are paid $8 per hour. In addition to the labor cost, Charles also has a constant utility cost per month of $600 and a per loaf ingredient cost of $0.50. Part 2 Current multifactor productivity for 640 work hours per month =0.245 loaves/dollar…
Please do not give solution in image format thanku
Please do not give solution in image format thanku
Please do not give solution in image format thanku
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