Business, 28.02.2020 22:25, 20068088

Jill, the office manager of a desktop publishing outfit, stocks replacement toner cartridges for laser printers. Demand for cartridges is approximated 30 per year and follows Poisson distribution. Cartridges cost $100 each and require 3 weeks to obtain from the vendor. Jill uses a (Q, r) approach to control stock levels. (Hint: you find the values on page 26 of LN 3 helpful in solving this problem) a. If Jill wants to restrict replenishment orders to tice per year on average, what batch size Q should she use? Using this batch size, what reorder point r should she use to ensure a service level (i. e., probability of having the cartridge in stock when needed) of at least 98 percent? b. If Jill is willing to increase the number of replenishment orders per year to six, how do Q and r change? Explain the difference in r. c. If the supplier of toner cartridge offers a quantity discount of $10 per cartridge for orders of 15 or more, how does this affect the relative attractiveness of ordering twice per year versus six

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:30, laylay120

You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.

Answers: 2

continue

Business, 22.06.2019 19:10, XOsam

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.

Answers: 1

continue

Business, 22.06.2019 19:30, taylorray0820

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above

Answers: 2

continue

Business, 22.06.2019 19:40, izzyisawesome5232

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.

Answers: 3

continue

Do you know the correct answer?

Jill, the office manager of a desktop publishing outfit, stocks replacement toner cartridges for las...