Question: L. Houts Plastics is a large manufacturer of injection-moulded plastics in Ontario. An investigation of the company's manufacturing facility in Mississauga yields the information presented





L. Houts Plastics is a large manufacturer of injection-moulded plastics in Ontario. An investigation of the company's manufacturing facility in Mississauga yields the information presented in the table below. How would the plant classify a these items according to an ABC classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Click the icon to view the provided table. Item Code Avg. Inventory L. Houts Plastics Mississauga Inventory Levels Value Dollar % of Dollar Volume (units) ($/unit) Volume 400 3.25 300 4.00 1,200 38.01 120 2.50 300 9.50 75 1.50 60 105 3.33 1289 2347 2349 2363 2394 2395 6782 7844 8210 8310 9111 25 23 20 12 1.75 2.00 1.15 2.05 2.00 2.00 3.00 0.73 0.78 25 5 7 6 14 18 3,157 0.44 0.57 Rocky Mountain Tire Center sells 12,000 go-cart tires per year. The ordering cost for each order is $35, and the holding cost is 30% of the purchase price of the tires per year. The purchase price is $18 per tire if fewer than 200 tires are ordered, $16 per tire if 200 or morebut fewer than 8,000tires are ordered, and $14 per tire if 8,000 or more tires are ordered. a) How many tires should Rocky Mountain order each time it places an order? Rocky Mountain's optimal order quantity is units (enter your response as a whole number). Prepare a graph of the monthly forecasts and average forecasted demand for Industrial Air Corp., a manufacturer of a variety of large air conditioners for commercial applications. Month January February Production Days 22 18 22 Demand Forecast 900 1,100 March April May May June July August September October November December Na aa a aa a a a 22 21 21 22 1,250 1,300 1,400 1,400 1.300 1.250 1,050 1,050 1,000 850 22 20 Find the needed production each day. (Enter your response to the nearest tenth.) Month Production Days Demand Forecast Needed Production Each Day January 22 900 Southeastern Airlines's daily flight from Atlanta to Charlotte uses a Boeing 737, with all-coach seating for 120 people. In the past, the airline has priced every seat at $143 for the one-way flight. An average of 78 passengers are on each flight. The variable cost of a filled seat is $26. Aysajan Eziz, the new operations manager, has decided to try a yield revenue approach, with seats priced at $81 for early bookings and at $195 for bookings within 1 week of the flight. He estimates that the airline will sell 67 seats at the lower price and 36 at the higher price. Variable cost will not change. Total $ contribution in the single price approach is (enter your response as a whole number). Thirty-five samples of size 7 each were taken from a fertilizer-bag-filling machine. The results were: Overall mean = 57.75 kg; Average range = 1.78 kg. 5 Click the icon to view the table of control chart constants A2, D4, D3. a) Determine the upper and lower control limits of the x-chart. For the given sample size, the control limits for 3-sigma x chart are: Upper Control Limit (UCL;)=kg (round your response to three decimal places)