Suzie’s Sweetshop makes special boxes of Valentine’s Day chocolates. Each costs $15 in material and labor and sell for $30. After Valentine’s Day, Suzie reduces the price to $10.00 and sells any remaining boxes. Historically, she has sold between 50 and 100 boxes. Determine the optimal number of boxes to make. How would her decision change if she can only sell all remaining boxes at a price of $5?
Answer to relevant QuestionsFor Suzie’s Sweetshop scenario in Problem 13, suppose that demand is normally distributed with a mean of 75 and a standard deviation of 8. How will her optimal order quantity change? Verify your result using the Excel ...Perform an ABC analysis for the data provided in worksheet C12P5 in the OM5 Data Workbook. Clearly explain why you classified items as A, B, or C. Provide an argument for or against adopting a chase strategy for a major airline call center. Consider the master production schedule, bills of materials, and inventory data shown below. Complete the MPS and MRP explosion and identify what actions, if any, you would take given this requirements plan. Bills of ...Given the bill of materials for the printer cartridge (A) shown below, a gross requirement to build 170 units of A, on-hand inventory levels for each item as shown in the table below, and assuming zero lead-times for all ...
Post your question