Question: Luxe is a new optic store located in Florence which has been operating for a couple of years. Luxe is LUNGATIONAL SPRACOVAN SPAA open
Luxe is a new optic store located in Florence which has been operating for a couple of years. Luxe is LUNGATIONAL SPRACOVAN SPAA open for six days in a week and assume there are 48 weeks in a year. There are two types of glasses NOBODANA that Luxe sells: regular glasses and sunglasses. The distributors for both glasses are in China. It to SAAAAAAAA MASSAA SANAKAMANSARATOARE STARATAMAAN VAARDBAAAAAIAAAAAAAAAA NARAAN JUTAPATAKANANINE SAGAAN SPAAAAAAAAAAAAAAAAAAAAAAAAAAA PAAAAAAAAAAA place an order to place an order for sunglasses. The lead time of the orders is expected to be six SAAAAAAAASAPPEN SPAALALA SPUMPURUNE SAARNAAS SARARE SALAAAAAAAAE SIMPANYAGGALAKKARAESKVE SUPERLU weeks. The orders of the regular glasses and sunglasses are independent from each other. For the SAAAAAAAAAE SABBAT GAYA SIPANI KUNAAAAA regular glasses, Luxe can observe the inventory daily. Past data indicates that most of the regular SPIPINYAMTRAPA TANAMNAE SPARAN YARARAAN SAAAAAAAAAA MARE SAAANAANGEPENDANALINNA LINALO SELATANGASALANANGUN SERVERASAAAAAA glasses are sold on Fridays and Saturdays, and the least on Tuesdays. On the other hand, based on CAMPANGAZA SANGAE JAMAANE VAAKUKANGARREMAANREGUNTANANARAAN RAMAI SIGNALNE KANANGA. KAUGNminunatumia tuntunanunua uanac your forecasting results in Case I, you assume that the weekly demand follows a stationary normal SAGOVORIOgni distribution with a mean of 140 glasses and a standard deviation of 22 glasses (disregarding the SARNAMANSAAASNYANA NAABAAE SISANANANSAIN SUNDANE atsasai variation within the week). The demand is practically observed continuously. Luxe purchases regular UNUMLARINIJAYA ENTROPOZUNG ALI SAPUNIZEMUN NINAS tutururaturamanununununun glasses for 40 per unit and sells them for 90 per unit. It costs per unit to keep regular glasses for one NARANA THE SPUNE UNAAM VANNAGE SUUNAN KAZINAZANE year in the inventory. Any demand that cannot be met on time is backlogged, incurring a shortage Salaala cost that is 20% of the selling price, that is, 18 per unit. Karuraru ansa SAMMAL SAANANE Question about Regular glasses: SKSBAANAN Luxe thinks that the six-week lead time is too long and talks to the manager of the supplier. The Penn MARMARANE SARBAAA SAANSE SAPANG SANA MAN manager says that they can lower the lead time to two weeks with air delivery, but it will cost an toturururusanurme SAUNNUUN order. For the air delivery, recalculate the optimal order quantity and reorder level of the (Q.R) policy un romutusnur GURUPUNE SENDINGINANONG as well as the expected total annual cost. Is it reasonable to choose the air delivery? unusuru sesun'u furunununununuGDAGAN Pururunumurumunu SAUTINIONNA NA NA NA akate souININAININIONI Humauruna
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SOLUTION To calculate the optimal order quantity and reorder level of the QR policy we first need to find the values of the following parameters D Annual demand for regular glasses h Holding cost per ... View full answer
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