Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
12th Edition
ISBN: 9780134855424
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Chapter C, Problem 6P
To boost sales, Pfisher (refer to Solved Problem 2) announces a new price structure for disposable surgical packages. Although the price break 110 longer is available at 200 units, Pfisher now offers an even greater discount if larger quantities are purchased. On orders of 1 to 499 packages, the price is $50.25 per package. For orders of 500 or more, the price per unit is $47.80. Ordering costs, animal holding costs, and annual demand remain at $64 per order, 20 percent of tile per-unit cost, and 490 packages per year, respectively. What is the new lot size?
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Chapter C Solutions
Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
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- You have a 25% off coupon for a local store. You want to purchase an item that costs $105. a. What amount will you save by using the coupon? Include units. b. What amount will the item cost with the discount? Include units.arrow_forwardOpening inventory = 6.4 bottles Issues = 5 bottles Ending inventory = 6.5 bottles Bottle size = 1.5 Liters Standard portion = 1.3 ounces Drink price = $5.15 What is the standard revenue from this brand? $984 $900 $200.85 $350arrow_forwardThe regular price is $569. The store is offering a 25% discount and a sales tax of 6% is added after the discount. What is the total cost of the TVarrow_forward
- Is the price of the whole wheat noodles premium, discounted, or on par with otherarrow_forwardAt a recent manufacturing workshop, XYZ, Incorporated explained that demand for disposable masks increase rapidly in March 2020 when quarantine mandates first took effect. At the time, retailers could only place a single order to cover demands through the end of the summer. A certain retailer purchased disposal masks from a supplier at a cost of $20 per unit and sold them for $30 per unit. By the end of summer, demand for masks subsided considerably and all masks that weren't sold during the summer could be sold at a discounted price of $18 per unit. The retailer estimated that demand between March and August would be Normally distributed with mu = 10,000 and sigma = 1525 units With, supply chains becoming more stable since March 2020, the retailer is currently in the process of establishing a contract with a disposable mask supplier. The supplier has agreed to sell masks to the retailer for $18 per unit and will make deliveries any time the supplier places an order for a cost of $100…arrow_forwardwhat is solely pricingarrow_forward
- Please explain in detailarrow_forwardDescribe the ABC classification system. What is the purpose of classifying itemsin this fashion? What would be the primary value of ABC analysis to a retailer? Toa manufacturer?arrow_forwardAn illustrative example of discount price Model after explaining its nature and rules used.arrow_forward
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