Question
In: Advanced Math
Use the data from problem 12 BELOW. If the lead time for placing an order is...
Use the data from problem 12 BELOW. If the lead time for placing an order is 5 days, and Technology Corporation holds a safety stock equal to a 30-day supply of chips, then at what inventory level should an order be placed? Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box.
Q12. Technology Corporation expects to order 126,000 memory chips for inventory during the coming year, and it will use this inventory at a constant rate. Fixed ordering costs are $200 per order; the purchase price per chip is $25; and the firm’s inventory carrying costs is equal to 20 percent of the purchase price. (Assume a 360-day year.) What is the economic ordering quantity for chips? Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box.
Solutions
Expert Solution
Use the data from problem 12 BELOW. If the lead time for placing
an order is 5 days, and Technology Corporation holds a safety stock
equal to a 30-day supply of chips, then at what inventory level
should an order be placed?
Colby Messinger answered 1 year agoRelated Solutions
question Use the data from problem 2 and a 365 day year. If the lead time...
question
Use the data from problem 2 and a 365 day year. If the lead time
for placing an order is 14 days, and Stanley's Office Supply holds
a Safety Stock of 75 days Supply of Boxes of Pens, then at what
inventory level in Boxes should an order be placed? Enter your
answer rounded to two decimal places. For example, if your answer
is 123.45% or 1.2345 then enter as 1.23 in the answer box.
data from question 2...
12. For a-j below, use the data in the table below which details the value of...
12. For a-j below, use the data in the table below which details
the value of pleading guilty versus not guilty in criminal courts
and the judicial sentencing thereafter. Express all probabilities
as decimals rounded to four places (when possible). Guilty Plea
Plea of Not Guilty Sentenced to Prison 392, 58. Not Sentenced to
Prison 564, 14.
a. If one (1) of the 1028 subjects is randomly selected, find
the probability of selecting someone sentenced to prison.
b. Find the...
Your company is considering switching suppliers from an inexpensive overseas source with a 12-week lead time...
Your company is considering switching suppliers from an
inexpensive overseas source with a 12-week lead time to a local
company that can promise a 3-week lead time and smaller batches.
Describe the supply chain effects this may have and how you would
suggest evaluating this change.
Problem Four (12 Marks) Use Runge Kutta method of order four to approximate the solution of...
Problem Four
Use Runge Kutta method of order four to approximate the solution
of the initial value problem
?′ + 2? = ??3?, 0 ≤ ? ≤ 1, ?(0) = 0, ???ℎ ℎ = 0.5
Hint: Compute ?(0.5) ??? ?(1)
Use the data below to solve the following problem using excel: 1 a) Import the data...
Use the data below to solve the following problem using
excel:
1
a) Import the data into an Excel file.
Done!
b) Create a new column in the spreadsheet to assign the category
of each car according to
the engine horsepower. For this exercise use IF statements in
each cell to determine the
class for each vehicle.
i. Class 1 if the vehicle horsepower is less than 80 HP.
ii. Class 2 if the vehicle horsepower is between 81 and...
Use the data below to generate a calibration curve for an unknown zinc compound. In order...
Use the data below to generate a calibration curve for an
unknown zinc compound. In order to determine the % zinc in the
compound, a solution was made with 1.75 g of the compound with a
total volume of 50.0 mL. The absorbance of this solution was
measured at 1.16. Assuming zinc is the only chemical species
contributing to the absorbance, calculate the % zinc in the unknown
compound.
Concentration (M)
Absorbance
0.025
0.13
0.070
0.41
0.13
0.87
0.16
1.12...
Problem 3 Look back on the data from Problem 2 regarding the time required to perform...
Problem 3 Look back on the data from Problem 2 regarding the
time required to perform a repetitive task (in seconds) on an
assembly line for Farnsworth (the seasoned employee) and
Higgenbottom (the newby). The times are shown in chronological
order.
a. Find a 95% confidence interval for the standard deviation of
times for Farnsworth. Do the same for Higgenbottom. What do these
confidence intervals indicate?
b. Given that these times are listed chronologically, how useful
are the confidence intervals...
1. For this problem, use the following randomly generated list of accounts, placing them in appropriate...
1. For this problem, use the following randomly generated list
of accounts, placing them in appropriate order to prepare an income
statement.
Accounts
($000,000)
Depreciation
25
General and administrative expenses
22
Sales
345
Sales expenses
18
Cost of goods sold
255
Lease expense
4
Interest expense
3
The following randomly constructed table requires that as part
of your Critical Thinking Assignment you arrange the accounts into
a well-labeled income statement. Make sure you label and solve for
gross profit, operating...
1. For this problem, use the following randomly generated list of accounts, placing them in appropriate...
1. For this problem, use the following randomly generated list
of accounts, placing them in appropriate order to prepare an income
statement.
Accounts
($000,000)
Depreciation
25
General and administrative expenses
22
Sales
345
Sales expenses
18
Cost of goods sold
255
Lease expense
4
Interest expense
3
The following randomly constructed table requires that as part
of your Critical Thinking Assignment you arrange the accounts into
a well-labeled income statement. Make sure you label and solve for
gross profit, operating...
Crusty’s has collected data for the last ten days for the time from when an order...
Crusty’s has collected data for the last ten days for the time
from when an order is taken until the pizza is finished (see follow
data) (five samples are taken each day).
Day
sample 1
sample 2
sample 3
sample 4
sample 5
1
21.24
30.4
26.05
20.61
20.38
2
25.95
40.12
29.68
39.36
19.14
3
30.62
20.78
16.42
22.4
44.71
4
25.45
33.22
21.99
29.08
24.59
5
35.27
33.02
29.42
29.36
31.37
6
21.87
30.12
41.74
38.46
42.62
7...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- (Real options and capital budgeting) You have come up with a great idea for a Tex-Mex-Thai...
- Write a java program that will first display the following menu: Choose one of the following...
- A box of mass 5kg moves to the left at a speed of 6m/s. The box...
- Sartre says that existentialism leads one to recognize the human condition as one of forlornness, anguish,...
- DEF stock currently trades at $112. Use the chart for the questions. Call Premiums Put Premiums...
- Design the circuit that gives the total number of your school number as an asynchronous counter....
- Consider an ideal gas-turbine cycle with two stages of compression and two stages of expansion. The...
ADVERTISEMENT