A Discount Appliance Store uses a continuous review system (Q system). One of the company's items has the following characteristics: Demand 10 units/week (assume 52 weeks per year) Ordering and setup cost (S) $45/order Holding cost (H) $12/unit/year Lead time ()3 weeks (constant) Standard deviation of weekly demand = 8 units Cycle-service level = 70% (a) What is the EOo for this item? Note: Show all steps and calculations. (b) what is the desired safety stock? Note: Show all steps and calculations. (c) what is the desired reorder point R? Note: Show all steps and calculations (d) what is the total annual cost including the cost of the safety stock? Note: Show all steps and calculations.

In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage. answers: valuablerareinimitableun-substituta ble

Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) find the economic order quantity. b) find the annual holding costs. c) find the annual ordering costs. d) what is the reorder point?

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.