APPLIED CALCULUS (WILEY PLUS)
6th Edition
ISBN: 9781119399322
Author: Hughes-Hallett
Publisher: WILEY
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Chapter 7.1, Problem 17P
To determine
To graph a possible density function representing the crop yield (in kilograms) from a field under the given circumstance
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QUESTION 6
As the Operation manager at Giant Wholesale, you want to improve the inventory for the finished
goods. The company is always having a shortage problem in product A. To analyse this product
A inventory, you have collected the data as below:
i)Average demand per day = 80 units
ii)Working days per year = 300 days
iii)Ordering cost = RM40 per order
iv)Annual carrying (holding) cost rate = 10% of item cost
v)Cost of product A per unit = RM150
vi)Lead time = 5 days
vii) Standard deviation of daily demand= 5 units
viii) Customer service level = 95%
Based on the data given above, answer the following questions:
a) Compute EOQ.
b) Compute the annual total inventory cost.
c) Based on a continuous review system (Q System), determine the optimal order quantity Q, and
reorder point (R).
d) Based on the periodic review system (P System), determine the period review interval (P) and
target inventory level (T).
8. An eight-lane urban freeway is on rolling terrain. The traffic stream consists of primarily
commuters. A directional weekday peak-hour volume of 2500 vehicles are observed with
800 vehicles arriving in the most congested 15-min period. If the traffic stream has 15%
large trucks and buses and 15% recreational vehicles, determine the following:
a. demand flow rate(vp)
b. density (D)
c. level of service (LOS)
Question 3-Marginal Analysis
A company sells a particular product for $150 per unit. The total cost for manufacturing these
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products consists of fixed overhead costs of $35000 in addition to production costs of $70 per
unit. Find the following:
a) The profit or loss when 1000 units are sold.
b)
The number of the units that must be sold for the company to break even.
c)
The number of units that must be sold to make a profit of $200,000.
Chapter 7 Solutions
APPLIED CALCULUS (WILEY PLUS)
Ch. 7.1 - Prob. 1PCh. 7.1 - Prob. 2PCh. 7.1 - Prob. 3PCh. 7.1 - Prob. 4PCh. 7.1 - Prob. 5PCh. 7.1 - Prob. 6PCh. 7.1 - Prob. 7PCh. 7.1 - Prob. 8PCh. 7.1 - Prob. 9PCh. 7.1 - Prob. 10P
Ch. 7.1 - Prob. 11PCh. 7.1 - Prob. 12PCh. 7.1 - Prob. 13PCh. 7.1 - Prob. 14PCh. 7.1 - Prob. 15PCh. 7.1 - Prob. 16PCh. 7.1 - Prob. 17PCh. 7.1 - Prob. 18PCh. 7.2 - Prob. 1PCh. 7.2 - Prob. 2PCh. 7.2 - Prob. 3PCh. 7.2 - Prob. 4PCh. 7.2 - Prob. 5PCh. 7.2 - Prob. 6PCh. 7.2 - Prob. 7PCh. 7.2 - Prob. 8PCh. 7.2 - Prob. 9PCh. 7.2 - Prob. 10PCh. 7.2 - Prob. 11PCh. 7.2 - Prob. 12PCh. 7.2 - Prob. 13PCh. 7.2 - Prob. 14PCh. 7.2 - Prob. 15PCh. 7.2 - Prob. 16PCh. 7.2 - Prob. 17PCh. 7.2 - Prob. 18PCh. 7.2 - Prob. 19PCh. 7.2 - Prob. 20PCh. 7.2 - Prob. 21PCh. 7.3 - Prob. 1PCh. 7.3 - Prob. 2PCh. 7.3 - Prob. 3PCh. 7.3 - Prob. 4PCh. 7.3 - Prob. 5PCh. 7.3 - Prob. 6PCh. 7.3 - Prob. 7PCh. 7.3 - Prob. 8PCh. 7.3 - Prob. 9PCh. 7.3 - Prob. 10PCh. 7.3 - Prob. 11PCh. 7.3 - Prob. 12PCh. 7 - Prob. 1SYUCh. 7 - Prob. 2SYUCh. 7 - Prob. 3SYUCh. 7 - Prob. 4SYUCh. 7 - Prob. 5SYUCh. 7 - Prob. 6SYUCh. 7 - Prob. 7SYUCh. 7 - Prob. 8SYUCh. 7 - Prob. 9SYUCh. 7 - Prob. 10SYUCh. 7 - Prob. 11SYUCh. 7 - Prob. 12SYUCh. 7 - Prob. 13SYUCh. 7 - Prob. 14SYUCh. 7 - Prob. 15SYUCh. 7 - Prob. 16SYUCh. 7 - Prob. 17SYUCh. 7 - Prob. 18SYUCh. 7 - Prob. 19SYUCh. 7 - Prob. 20SYUCh. 7 - Prob. 21SYUCh. 7 - Prob. 22SYUCh. 7 - Prob. 23SYUCh. 7 - Prob. 24SYUCh. 7 - Prob. 25SYUCh. 7 - Prob. 26SYUCh. 7 - Prob. 27SYUCh. 7 - Prob. 28SYUCh. 7 - Prob. 29SYUCh. 7 - Prob. 30SYU
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