The numbers of trucks that are expected to see at the weighing station, including inspected ones.

Question

The annual demand for water bottles at Mega Stores is 500 units, with an ordering cost of Rs. 200 per order. If the annual inventory holding cost is estimated to be 20%. of unit cost, how frequently should he replenish his stocks? Further, suppose the supplier offers him a discount on bulk ordering as given below. Can the manager reduce his costs by taking advantage of either of these discounts? Recommend the best ordering policy for the store. Order size Unit cost (Rs.) 1 – 49 pcs. 20.00 50 – 149 pcs. 19.50 150 – 299 pcs. 19.00 300 pcs. or more 18.00

Answer 1

Question

Chapter 18, Problem 6P

a)

Summary Introduction

To determine: The numbers of trucks that are expected to see at the weighing station, including inspected ones.

b)

Summary Introduction

To determine: Average waiting time at station.

c)

Summary Introduction

To determine: The probability that both inspectors would be busy at the same time.

d)

Summary Introduction

To determine: The average waiting time for a truck that is not immediately inspected.

e)

Summary Introduction

To determine: The condition that would exist if there was only one inspector.

f)

Summary Introduction

To determine: The maximum line length for a probability is 97.00%.

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The annual demand for water bottles at Mega Stores is 500 units, with an ordering cost of Rs. 200 per order. If the annual inventory holding cost is estimated to be 20%. of unit cost, how frequently should he replenish his stocks? Further, suppose the supplier offers him a discount on bulk ordering as given below. Can the manager reduce his costs by taking advantage of either of these discounts? Recommend the best ordering policy for the store. Order size Unit cost (Rs.) 1 – 49 pcs. 20.00 50 – 149 pcs. 19.50 150 – 299 pcs. 19.00 300 pcs. or more 18.00

Help answer showing level work and formulas

I need to forecast using a 3-Period-Moving-Average-Monthly forecasting model which I did but then I need to use my forecast numbers to generate a Master Production Schedule (MPS) I have to Start with actual sales (my own test data numbers) for August-2022 Oct-2022 i need to create MPS to supply demand starting November-2022 April 2023 I just added numbers without applying formulas to the mps on the right side of the spreadsheet because I do not know how to do it. The second image is the example of what it should look like. Thank You.

Answer 2

Question

Chapter 18, Problem 6P

a)

Summary Introduction

To determine: The numbers of trucks that are expected to see at the weighing station, including inspected ones.

b)

Summary Introduction

To determine: Average waiting time at station.

c)

Summary Introduction

To determine: The probability that both inspectors would be busy at the same time.

d)

Summary Introduction

To determine: The average waiting time for a truck that is not immediately inspected.

e)

Summary Introduction

To determine: The condition that would exist if there was only one inspector.

f)

Summary Introduction

To determine: The maximum line length for a probability is 97.00%.

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Answer 3

Question

Chapter 18, Problem 6P

a)

Summary Introduction

To determine: The numbers of trucks that are expected to see at the weighing station, including inspected ones.

b)

Summary Introduction

To determine: Average waiting time at station.

c)

Summary Introduction

To determine: The probability that both inspectors would be busy at the same time.

d)

Summary Introduction

To determine: The average waiting time for a truck that is not immediately inspected.

e)

Summary Introduction

To determine: The condition that would exist if there was only one inspector.

f)

Summary Introduction

To determine: The maximum line length for a probability is 97.00%.

Expert Solution & Answer

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Answer 4

Question

Chapter 18, Problem 6P

a)

Summary Introduction

To determine: The numbers of trucks that are expected to see at the weighing station, including inspected ones.

b)

Summary Introduction

To determine: Average waiting time at station.

c)

Summary Introduction

To determine: The probability that both inspectors would be busy at the same time.

d)

Summary Introduction

To determine: The average waiting time for a truck that is not immediately inspected.

e)

Summary Introduction

To determine: The condition that would exist if there was only one inspector.

f)

Summary Introduction

To determine: The maximum line length for a probability is 97.00%.

Expert Solution & Answer

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Answer 5

Chapter 18, Problem 6P

a)

Summary Introduction

To determine: The numbers of trucks that are expected to see at the weighing station, including inspected ones.

b)

Summary Introduction

To determine: Average waiting time at station.

c)

Summary Introduction

To determine: The probability that both inspectors would be busy at the same time.

d)

Summary Introduction

To determine: The average waiting time for a truck that is not immediately inspected.

e)

Summary Introduction

To determine: The condition that would exist if there was only one inspector.

f)

Summary Introduction

To determine: The maximum line length for a probability is 97.00%.

Answer 6

Chapter 18, Problem 6P

a)

Summary Introduction

To determine: The numbers of trucks that are expected to see at the weighing station, including inspected ones.

Answer 7

Chapter 18, Problem 6P

a)

Summary Introduction

To determine: The numbers of trucks that are expected to see at the weighing station, including inspected ones.

Answer 8

b)

Summary Introduction

To determine: Average waiting time at station.

Answer 9

b)

Summary Introduction

To determine: Average waiting time at station.

Answer 10

c)

Summary Introduction

To determine: The probability that both inspectors would be busy at the same time.

Answer 11

c)

Summary Introduction

To determine: The probability that both inspectors would be busy at the same time.

Answer 12

d)

Summary Introduction

To determine: The average waiting time for a truck that is not immediately inspected.

Answer 13

d)

Summary Introduction

To determine: The average waiting time for a truck that is not immediately inspected.

Answer 14

e)

Summary Introduction

To determine: The condition that would exist if there was only one inspector.

Answer 15

e)

Summary Introduction

To determine: The condition that would exist if there was only one inspector.

Answer 16

f)

Summary Introduction

To determine: The maximum line length for a probability is 97.00%.

Answer 17

f)

Summary Introduction

To determine: The maximum line length for a probability is 97.00%.

Answer 18

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Answer 29

Ch. 18.1 - Prob. 1.1RQ Ch. 18.1 - Prob. 1.2RQ Ch. 18 - Prob. 1DRQ Ch. 18 - Why do waiting lines form even though a service...Ch. 18 - Prob. 3DRQ Ch. 18 - Prob. 4DRQ Ch. 18 - What approaches do supermarkets use to offset...Ch. 18 - Prob. 6DRQ Ch. 18 - Prob. 7DRQ Ch. 18 - Prob. 8DRQ

The numbers of trucks that are expected to see at the weighing station, including inspected ones.

Concept explainers

To determine: The numbers of trucks that are expected to see at the weighing station, including inspected ones.

To determine: Average waiting time at station.

To determine: The probability that both inspectors would be busy at the same time.

To determine: The average waiting time for a truck that is not immediately inspected.

To determine: The condition that would exist if there was only one inspector.

To determine: The maximum line length for a probability is 97.00%.

Chapter 18 Solutions