Business, 31.12.2019 06:31, Eltravieso

The soft goods department of a large department store sells 175 units per month of a certain large bath towel. the unit cost of a towel to the store is $2.50 and the cost of placing an order has been estimated to be $12.00. the store uses an inventory carrying charge of i = 27% per year. the lead time for the large bath towel, from the supply chain, takes 5 days. determine the following: a. what is the optimal order quantity? b. what are the number of orders? c. what is the cost of managing the inventory d. if the department store is open 350 days per year, how many days are between orders? e. if the lead time from the supplier takes 10 days, what is the re-order point?

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:30, themaster66644

Financial information that is capable of making a difference in a decision is

Answers: 3

continue

Business, 22.06.2019 13:50, veronica25681

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars

Answers: 2

continue

Business, 22.06.2019 16:00, angelinaranee15

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.

Answers: 1

continue

Business, 22.06.2019 17:50, pickles3233

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?

Answers: 1

continue

Do you know the correct answer?

The soft goods department of a large department store sells 175 units per month of a certain large b...