The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1) If the annual demand is 11,000 units, the set up cost is $700, and the Holding cost is $9 / unit / year, what will be the best order size given the follwoing quantity discounts?
| Quantity Discount Pricing | ||
| From | To | Price |
| 700 | 1499 | $ 45.00 |
| 1500 | 2499 | $ 44.00 |
| 2500 | 5999 | $ 43.50 |
| 6000 | up | $ 43.25 |
Â
Â
2) Pioneer Electronics is thinking about making their own video cards which have an demand of 21,284 units. The cards can be produced at a rate of 107 units per day. Pioneer operates 29 days in a year. Assume that demand is uniform throughout the year. Setup cost is $1,006 for a run, and holding cost is $14 per card / year.
What is the daily usage?
Â
3) The lead time demand has a mean of 85 units with a standard deviation of 12. It follows normal distribution. If you want a service level of 95%, what should be the Reorder Point (ROP)?
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------