Business, 30.03.2020 22:52, radcon8099
Based on historical research, a company had the following stockout cost estimates: Probability of a backorder is 20%, lost sale is 50%, and the probability of a lost customer is 30%. The cost per incident of a backorder is $80, lost customer is $20,000. The sales price of the item is $90 with a 15% profit margin. The average order is 60 units. What would be the difference in stockout costs if the company did a recent analysis and learned that their customer reactio
Answers: 3
Business, 22.06.2019 00:30, issaaamiaaa15
Needs to schedule the staffing of the center. it is open from 8am until midnight. larry has monitored the usage of the center at various times of the day and determined that the following number of computer consultants are required: time of dayminimum number of consultants required to be on duty8 am-noon4noon-4 pm84pm-8pm108pm-midnight6 two types of computer consultants can be hired: full-time and part-time. the full- time consultants work for eight consecutive hours in any of the shifts: morning (8am- 4pm), afternoon (noon-8pm) and evening (4pm-midnight). full-time consultants are paid $14 per hour. part-time consultants can be hired to work any of the four shifts listed in the table. part-time consultants are paid $12 per hour. an additional requirement is that during every time period, there must be at least two full-time consultants on duty for every part-time consultant on duty. larry would like to determine how many full-time and part-time consultants should work each shift to meet the above requirements at the minimum possible cost. formulate this as an lp problem. you must define your variables clearly
Answers: 2
Business, 22.06.2019 14:30, kaylahill14211
You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should
Answers: 1
Business, 22.06.2019 19:00, jediDR
Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.
Answers: 2
Based on historical research, a company had the following stockout cost estimates: Probability of a...
Mathematics, 23.03.2020 19:01
Mathematics, 23.03.2020 19:01
Mathematics, 23.03.2020 19:01