Question: Operations Managment Order Quantity Help Order Quantity At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires

Operations Managment Order Quantity Help

Operations Managment Order Quantity Help Order Quantity At Tires R Us, aretailer of tires, demand for the AAA tire is constant at 100tires per day with a standard deviation of 10. The cost of

Order Quantity At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an order to replenish stock is $50, and the annual cost of holding is $8 per tire. Each tire costs Tires R US $55 and they retail them for $95. Stock is received 5 working days after an order has been placed. No backorders are allowed. Assume 300 working days per year. The company wants to achieve a 90% service level. Entry is area A under the standard normal curve from - to :(A) 04 06 107 OR .5130 .$190 5319 .$359 .5517 .5357 .539 5675 .5714 -5753 .5438 .5478 .5870 5910 5987 -5793 6293 6654 .670 .6736 6773 AROR .6985 .7019 -7157 -7190 -7224 -7357 .738 -3611 -7642 .7673 7794 -7910 8051 -8212 .8340 .8365 8389 8413 -BESS 8531 8954 .8577 150 .8720 1.2 HOOT 8980 9131 $147 .9162 .9177 -9012 .9192 9207 9223 92M 9241 $279 9306 9319 9332 -9345 9357 9370 .9429 -9453 9463 9414 9484 .9515 .9525 .9535 9545 9582 9591 9399 9633 -955 -9573 9706 9641 9713 9719 974 -9750 9761 9767 9772 9793 9798 9812 9817 9846 9878 5913 9931 9932 5934 5936 99:49 2951 14111 1301 37089 13111 13111 14101 1!111 9987Question 46 (2 points) What is the inventory position immediately after an order is placed. Answer to the nearest whole number. Your Answer: Your AnswerQuestion 41 (1 point) What is the optimal number of orders per year? Answer to two decimal places. Your Answer: Your Answer Question 42 (1 point) What is the optimal interval (in working days) between orders? Answer to two decimal places. Your Answer: Your Answer Question 43 (1 point) What is the demand during the lead time? Enter a whole number. Your Answer: Your Answer Question 44 (1 point) How much safety stock should you hold? Answer to the nearest whole number. Your Answer: Your Answer Question 45 (4 points) What is the reorder point? Answer to the nearest whole number. Your

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Question 26 (3 points) At Tires R Us, a retailer of tires, demand for the AAA tire is 90 tires per day with a standard deviation of 12. The cost of placing an order to replenish stock is $50, and the...

Q:

Optimal Ordering Quantity Operations Management At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an...

Q:

At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an order to replenish stock is $50, and the annual...

Q:

At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an order to replenish stock is $50, and the annual...

Q:

At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an order to replenish stock is $50, and the annual...

Q:

At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an order to replenish stock is $50, and the annual...

Q:

At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an order to replenish stock is $50, and the annual...

Q:

At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an order to replenish stock is $50, and the annual...

Q:

At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an order to replenish stock is $50, and the annual...

Q:

At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 100 tires per day with a standard deviation of 10. The cost of placing an order to replenish stock is $50, and the annual...

Q:

It was discovered that a deposit that was supposed to be made on Nov.30,2020 of $780 for Dexter Trucking Ltd. never materialized. State what you need to do to reconcile the Bank Statement. Ensure...

Q:

Transverse wave velocity show that the velocity of transverse waves in the [111] direction of a cubic crystal is given by v s = [1/3(C 11 C 12 + C 44 /p] 1/2 .

Q:

2. What is the relative molecular mass of methane, CH? (a) 16 (b) 12 (c) 8 (d) 4

Q:

Please answer all parts of the question. Provide steps. Thank You! Cost of Production Report: No Beginning Inventories beginning of the process. During April, the company accumulated the following...