QUESTION 1 The Jubail Bicycle Shop operates 7 days per week,
closing 5 days each for Eid-ul-Fitr and Eid- Ul -Adah (this gives
355 working days in a year). The shop pays SAR 600 for a particular
bicycle purchased from the manufacturer. The annual holding cost
per bicycle is estimated to be 25% of the SAR value of inventory.
The shop sells an average of 25 bikes per week. Frequently, the
dealer does not have a bike in stock when...
The Jubail Bicycle Shop operates 7 days per week, closing 5 days
each for Eid-ul-Fitr and Eid- Ul -Adah (this gives 355 working days
in a year). The shop pays SAR 600 for a particular bicycle
purchased from the manufacturer. The annual holding cost per
bicycle is estimated to be 25% of the SAR value of inventory. The
shop sells an average of 25 bikes per week. Frequently, the dealer
does not have a bike in stock when a customer...
Sam's Cat Hotel operates 52 weeks per? year, 5 days per? week,
and uses a continuous review inventory system. It purchases kitty
litter for ?$11.50 per bag. The following information is available
about these bags. Refer to the standard normal table LOADING...
for? z-values.
Demand ?= 80 ?bags/week
Order cost? = ?$58?/order
Annual holding cost? = 30 percent of cost
Desired ?cycle-service levelequals90 percent
Lead time? = 2 ?week(s) ?(10 working? days)
Standard deviation of weekly demand? = 16 bags...
A Company uses a 10-hp motor for 16 hours per day, 5 days per
week, 50 weeks per year in its flexible work cell. This motor is
85% efficient, and it is near the end of its useful life. The
company is considering buying a new high efficiency motor (91%
efficient) to replace the old one instead of buying a standard
efficiency motor (86.4% efficient). The high efficiency motor cost
$70 more than the standard model, and should have a...
Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty litter for $10.75 per bag. The following information is available about these bags. Refer to the standard normal table for z-values. >Demand 95 bags/week >Order cost $56/order >Annual holding cost = 30 percent of cost >Desired cycle-service level = 99 percent >Lead time = 4 week(s) (28 working days) >Standard deviation of weekly demand = 20 bags >Current on-hand inventory is 325 bags, with no...
23 years old, makes $14 per hour (8hour), works for 5 days a
week. Please use this information for the following questions. The
answer to number 6 is $1,095,657.55 and The answer to number 5 is
$80,620.37
7.How much do you need to save per month (at the end of each
month) in an investment earning 7% per year now to reach the amount
in Question 6 by age 65? Assume you have no money now in the
investment.
8.Then...
Chapin Manufacturing Company operates 24 hours a day, five days
a week. The workers rotate shifts each week. Management is
interested in whether there is a difference in the number of units
produced when the employees work on various shifts. A sample of
five workers is selected and their output recorded on each
shift.
At the 0.05 significance level, can we conclude there is a
difference in the mean production rate by shift or by employee?
Units Produced Employee Day...
Chapin Manufacturing Company operates 24 hours a day, five days
a week. The workers rotate shifts each week. Management is
interested in whether there is a difference in the number of units
produced when the employees work on various shifts. A sample of
five workers is selected and their output recorded on each shift.
At the 0.01 significance level, can we conclude there is a
difference in the mean production rate by shift or by employee?
Units Produced Employee Day...
Chapin Manufacturing Company operates 24 hours a day, five days
a week. The workers rotate shifts each week. Management is
interested in whether there is a difference in the number of units
produced when the employees work on various shifts. A sample of
five workers is selected and their output recorded on each shift.
At the 0.05 significance level, can we conclude there is a
difference in the mean production rate by shift or by employee?
Units Produced
Employee
Day...
Chapin Manufacturing Company operates 24 hours a day, five days
a week. The workers rotate shifts each week. Management is
interested in whether there is a difference in the number of units
produced when the employees work on various shifts. A sample of
five workers is selected and their output recorded on each shift.
At the 0.01 significance level, can we conclude there is a
difference in the mean production rate by shift or by employee?
Units Produced
Employee
Day...