This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Your firm uses a continuous review system (Q system), in which the inventory position is updated ... (Read 29 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
on: Apr 18, 2020
Your firm uses a continuous review system (Q system), in which the inventory position is updated after every transaction. The firm operates 52 weeks per year. One of the items has the following characteristics:

Demand = 14,560 units per year
Ordering cost = $40 per order
Holding cost = $6 per unit per year
Lead-time = 2 weeks
Standard deviation in weekly demand = 100 units
Cycle-service level = 80%

If Q is made equal to the EOQ, what are the desired values for Q and R?
◦ Q is between 439 and 443, and R is between 678 and 682.
◦ Q is between 65 and 69, and R is between 362 and 366.
◦ Q is between 65 and 69, and R is between 398 and 402.
◦ Q is between 439 and 443, and R is between 559 and 563.
Operations Management ¦ Krajewski, Ritzman ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by joblessjake on Apr 18, 2020

randomguy133

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Apr 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


joblessjake

  • Member
  • Posts: 555
Reply 2 on: Apr 18, 2020
:D TYSM

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

An open circulatory system. An open circulatory system.
The lymphatic system in humans. The lymphatic system in humans.
The Autonomic Nervous System The Autonomic Nervous System
Cost Savings with an EHR System Cost Savings with an EHR System
Overview of lymphatic system structures and the general direction of lymph flow from the extremities ... Overview of lymphatic system structures and the general direction of lymph flow from the extremities ...
Endocrine System Glands Endocrine System Glands
Video: Parkinson's Disease

For a complete list of videos, visit our video library