L&L Ltd. is an mp3/mp4 player manufacturer who produces more than 20 different models in order...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
L&L Ltd. is an mp3/mp4 player manufacturer who produces more than 20 different models in order to meet the diverse customer demands. Due to the long lead time, each year the company can place only two orders to its suppliers in Taiwan. The first order is placed in January solely based on the company's past experience. As the selling season progresses, the company observes actual demand and utilizes the demand information to adjust its original forecasts. Based on the adjustment, the company places its second order in May. The product information of three mp3 players is listed in the table. Assume gross margin = 10% and loss on unit salvaged = 5% (if critical ration=0.667, then use Z=0.45). Product Price d A B C Od 149 900 400 299 500 267 99 1505 320 Cu Co Q Mismatch Cost 3857 5489 1659 Mismatch Cost Ratio 21. Which product has the highest optimal order quantity? L&L Ltd. is an mp3/mp4 player manufacturer who produces more than 20 different models in order to meet the diverse customer demands. Due to the long lead time, each year the company can place only two orders to its suppliers in Taiwan. The first order is placed in January solely based on the company's past experience. As the selling season progresses, the company observes actual demand and utilizes the demand information to adjust its original forecasts. Based on the adjustment, the company places its second order in May. The product information of three mp3 players is listed in the table. Assume gross margin = 10% and loss on unit salvaged = 5% (if critical ration=0.667, then use Z=0.45). Product Price d A B C Od 149 900 400 299 500 267 99 1505 320 Cu Co Q Mismatch Cost 3857 5489 1659 Mismatch Cost Ratio 21. Which product has the highest optimal order quantity?
Expert Answer:
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date:
Students also viewed these general management questions
-
Natureview Farm It was a crisp Vermont morning in February 2000. Christine Walker, vice president of marketing for Natureview Farm, Inc., a small yogurt manufacturer, paused to collect her thoughts...
-
What is the effect of cultural commoditization and transformation on local traditions and customs? Give an example. Check Chapter 4 in the textbook for information on cultural commoditization and...
-
Discuss why the length of an OH bond obtained from X-ray diffraction experiments averages 85 pm whereas that obtained in neutron diffraction experiments averages 96 pm. Would you expect to see...
-
Conlin AG had the following tax information. In 2019, Conlin suffered a net operating loss of ¬480,000, which it elected to carry back. The 2019 enacted tax rate is 29%. Prepare Conlin's entry to...
-
Jeonbuk Company has two temporary differences between its income tax expense and income taxes payable. The information is shown below. Instructions (a) Prepare the journal entry to record income tax...
-
Express the Henry's-law constants reported in Table 8.1 as \(H_{i, p c}\) and \(H_{i, c p}\). Dimensionless temperature, 0.9 0.8 0.7 0.6 K=1+ (0-1/2) 0.5 0.4 0.3 0.2 0.1 K = 1 0 0.2 0.4 0.6 0.8...
-
In our example of the free-falling parachutist, we assumed that the acceleration due to gravity was a constant value of 9.8 m/s 2 . Although this is a decent approximation when we are examining...
-
Make scientific discussion and conclusion for a poster about bladeless wind turbines using the following information. Bladeless wind turbines have several promising applications due to their unique...
-
1. Does Steve need additional information from Iverstine and Walker? 2. What would you recommend? In 1979, Steve Blake founded Blake Electronics in Long Beach, California, to manufacture resistors,...
-
Use Simulink to find the Real, Reactive and Power Factor of the source E1. L1 10 mH1 11 10 ARMS 50 Hz +36 Deg R1 5 Ohm ele R2 4Ohm L2 15 mH R4 8 Ohm 12 7ARMS 50 Hz *74 Deg C1 150 micro F R3 3Ohm mm....
-
How do you calculate a project's estimated net cash flow stream and what is the significance of it?
-
How can we formulate actionable strategies that leverage predictive analytics to anticipate market trends and consumer behavior shifts ?
-
Return on sales (ROS) is a measure of profit per sales dollar; it measures the investment center manager's ability to control expenses and increase revenues to improve profitability.ACME Products is...
-
JeeJam & Sons LLC expects an annual demand of 30,000 units, purchased for $6.00 from its supplier. There is currently no lead time for orders and each order will cost $170 regardless of quantity. The...
-
Bradley-Link's December 31, 2024, balance sheet included the following items: Long-Term Liabilities 11.0% convertible bonds, callable at 104 beginning in 2025, due 2028 (net of unamortized discount...
-
table from Bank of Canada website: T-Bill Yields Date Yield % 2018-11 1.91 2018-12 1.80 2019-01 1.73 2019-02 1.73 2019-03 1.66 2019-04 1.69 2019-05 1.71 2019-06 1.68 The above shows the average yield...
-
(a) Find the equation of the tangent line to f(x) = x 3 at the point where x = 2. (b) Graph the tangent line and the function on the same axes. If the tangent line is used to estimate values of the...
-
In 2010, Avon was still in the process of rebuilding its marketing operations in China after the turmoil caused by the Chinese governments ban on direct selling in 1998. The imposition of this ban...
-
Evaluate an exporters use of the product portfolio approach to decisions about its product line.
-
What are the major differences between using letters of credit and bills of exchange (drafts) as procedure for financing exports and receiving payment?
-
Based upon the information in Exhibit 1, the market value added of the hypothetical firm is closest to: A. R 65 million. B. R 113 million. C. R 168 million. Mangoba Nkomo, CFA, a senior equity...
-
The most appropriate response to Nkomos Question 1 would be that the present value of future residual earnings is expected to be: A. zero. B. positive. C. negative. Mangoba Nkomo, CFA, a senior...
-
The most appropriate response to Nkomos Question 2 would be that the firms return on equity (ROE ) is: A. equal to the firms cost of equity. B. lower than the firms cost of equity. C. higher than the...
Study smarter with the SolutionInn App