Question: Additional Algo 11-1 In-Stock Probability A grocer carries 9,200 different items in their store. In a normal week, demand occurs for 4,600 of these items.



Additional Algo 11-1 In-Stock Probability A grocer carries 9,200 different items in their store. In a normal week, demand occurs for 4,600 of these items. Of those 4,600 items, 150 are not available for the entire week and another 320 items ase avaliable for only part of the week. What is the grocer's in-stock probability during o normal week? Note: Round your answer as a percentage rounded to 1 decimal place. A laptop manufacturer wants to compare the total cost of assembling its laptops in the United States versus Taiwan. All of the laptops will be sold in the United States. To evaluate inventory, it uses a safety factor of 2.25. The holding cost per laptop is $4 per week in the United States and $3.50 per week in Talwan. The lead time with U.S. production is one week, whereas it is eight weeks with production in Taiwan. In addition, it costs $2 to ship laptops to the United States from Taiwan. Weekly demand is 1,000 laptops, with a standard deviation of 800 . a. What is the per unit holding cost of a laptop with U.S. production? Note: Round your answer to 2 decimal places. b. What is the per unit holding cost of a laptop with production in Taiwan? Note: Round your answer to 2 decimal places. b. What is the per unit holding cost of a laptop with production in Talwan? Note: Round your answer to 2 decimal places. c. A laptop requires 40 minutes of labor to assemble in the United States or in Taiwan. The total cost of labor in the United States is $40 per hour. while in Taiwan it is $10. What is the change in cost per laptop if it switches production to Taiwan? Note: Round your answer to 2 decimal places
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
