Question

In: Operations Management

The logistics/operations manager of a mail order house purchases two products for resale: King Beds (K)...

The logistics/operations manager of a mail order house purchases two products for resale: King Beds (K) and Queen Beds (Q). Each King Bed costs $500 and requires 100 cubic feet of storage space, and each Queen Bed costs $300 and requires 90 cubic feet of storage space. The manager has $75,000 to invest in beds this week, and her warehouse has 18,000 cubic feet available for storage. Profit for each King Bed is $300, and for each Queen Bed is $150.

21) Which of the following is not a feasible purchase combination?

A. 0 King Beds and 0 Queen Beds

B. 0 King Beds and 250 Queen Beds

C. 150 King Beds and 0 Queen Beds

D. 90 King Beds and 100 Queen Beds

E. 0 King Beds and 200 Queen Beds

22) For the purchase combination 0 King Beds and 200 Queen Beds, which resource is "slack" (not fully used)?

A. investment money (only)

B. storage space (only)

C. both investment money and storage space

D. neither investment money nor storage space

E. cannot be determined exactly

I know that the answer is B for question 21 and A for question 22, but I can't figure how to get to those answers.

Expert Solution

keosha answered 10 months ago

The CEO of a mail order business is reviewing the order filling operations at their two...

The CEO of a mail order business is reviewing the order filling operations at their two warehouses. The goal is to have 100% of orders shipped within 24 hours. In previous years, neither warehouse has achieved the goal, but the East Coast Warehouse has consistently out-performed the West Coast Warehouse. To compare the current performance of the warehouses, they decide to conduct a hypothesis test at the 5% significance level. They randomly select 300 orders from the West Coast Warehouse...

A mail-order house uses 15,750 boxes a year

A mail-order house uses 15,750 boxes a year. Carrying costs are 60 cents per box a year and ordering costs are $96. The following price schedule applies.Number of BoxesPrice per Box1,000 to 1,999$1.252.000 to 4,9991.205,000 to 9,9991.1510.000 or more1.10a. Determine the optimal order quantity (Round your answer to the nearest whole number) Optimal order quantity = _______ boxes b. Determine the number of orders per year. (Round your answer to 2 decimal places.) Number of order _______ per yearA jewelry firm buys semiprecious...

A mail-order house sells five different products whose retail prices are as follows: product 1, $2.98;...

A mail-order house sells five different products whose retail prices are as follows: product 1, $2.98; product 2, $4.50; product 3, $9.98; product 4, $4.49; and product 5, $6.87. Write a script that reads a series of pairs of numbers as follows: a) Product number b) Quantity sold for one day Your program should use a switch statement to determine each product’s retail price and should calculate and output HTML5 that displays the total retail value of all the products...

the sales tax treatment of internet or mail-order purchases is quite controversial, as discussed in the...

the sales tax treatment of internet or mail-order purchases is quite controversial, as discussed in the section. think about the products you have purchased using the internet or by mail order in the recent past and roughly how much you spent. does NY state have a use tax? did you pay the use tax on taxable items? why or why not? how much did the opportunity to avoid sales tax influence your decision to purchase over the internet or by...

Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Couches Beds...

Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Couches Beds Sales price $ 510.00 $ 710.00 Variable costs $ 370.00 $ 395.00 The company can manufacture 3 couches per machine hour and 2 bed per machine hour. The company's production capacity is 2 100 machine hours per month. To maximize profits, what product and how many units should the company produce in a month?

6. Morning House is a mail-order firm which carries a wide range of rather expensive art...

6. Morning House is a mail-order firm which carries a wide range of rather expensive art objects for homes and offices. It operates by advertising a particular item either in selected magazines or in a direct-mail program. Suppose the sales response varies widely by item and the firm’s management has been unable to predict in advance which items will sell well and which will not. Consequently, the firm frequently experiences either stock-outs or excessive inventories. For many of the products...

A mail-order house uses 15,950 boxes a year. Carrying costs are 69 cents per box a...

A mail-order house uses 15,950 boxes a year. Carrying costs are 69 cents per box a year, and ordering costs are $100. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.40 2,000 to 4,999 1.30 5,000 to 9,999 1.20 10,000 or more 1.15 a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) b. Determine the number of orders per year. (Round your answer to 2 decimal places.)

A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a...

A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and ordering cost are $96. the folling price schedule applies. Number of boxes Price per box 1,000 to 1,999 $1.25 2,000 to 4,999 1.20 5,000 to 9,999 1.15 10,000 or more 1.10 A. What is the maximum level of inventory the company would have to plan for? B. what is the average level of inventory the company would have to plan for? C....

A mail-order catalog business maintains a centralized warehouse for the distribution of products ordered. Management is...

A mail-order catalog business maintains a centralized warehouse for the distribution of products ordered. Management is currently examining the process of distribution from the warehouse and has the business objective of determining the factors that affect warehouse distribution costs. Data that indicate the warehouse distribution costs and the number of orders received over the past 15 months are in the accompanying table. Month Cost_($thousands) Month Cost_($thousands) Orders 1 74.18 4628 2 89.42 5460 3 70.78 4416 4 93.46 5737 5...

Write an e-mail to Advise your district manager to discontinue marketing one of the company’s products...

Write an e-mail to Advise your district manager to discontinue marketing one of the company’s products because of poor customer acceptance.