W = 40. Each setup of production line cost approximately $135 and takes 1 week. The manufacturing
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W = 40. Each setup of production line cost approximately $135 and takes 1 week. The manufacturing cost per case is $4.50 and the annual holding cost is figured at 24% rate. Assuming the company operates 52 weeks a year and wish to maintain a 98% cycle service level. What is annual safety stock cost (rounded to dollar) under optimal order quantity and reorder point?s Beauty Bar Soap is produced on a production line that has an annual capacity of 60,000 cases. The annual demand is estimated at 26,000 cases. The weekly demand is normal distribution with µW = 500 and
a. $89
b. $370
c. $629
d. $2,073
e. None of the above
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
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