Question: PLEASE ANSWER THE QUESTION, SHOWING ALL WORK ON ALL PARTS QUICKLY. THANK YOU. 1. Given a 97% customer service level, whag is the number of

PLEASE ANSWER THE QUESTION, SHOWING ALL WORK ON ALL PARTS QUICKLY. THANK YOU.
1. Given a 97% customer service level, whag is the number of service failures?
2. Using you information from #1, what is the number of rectified orders?
3. What is the number of refused orders?
4. What is the cost of goods sold per order?
5. What is the cost of service failures?
 PLEASE ANSWER THE QUESTION, SHOWING ALL WORK ON ALL PARTS QUICKLY.

\begin{tabular}{|l|c|c|} \hline & & 97\% CSL \\ \hline Average price per order & $600 & \\ \hline Gross margin per order & $115 & \\ \hline COGS & Question 4 & \\ \hline Annual orders & 30,000 & \\ \hline Number of orders not filled correctly & & Question 1 \\ \hline & & \\ \hline Of orders not filled correctly & & \\ \hline Rectified orders & 90% & Question 2 \\ \hline With invoice discount & $100 & \\ \hline With additional handling & $50 & \\ \hline Orders refused & 10% & Question 3 \\ \hline Cost of Service Failures & & Question 5 \\ \hline & $450,000 & \\ \hline Transportation cost & $1,500,000 & \\ \hline Average inventory & $350,000 & \\ \hline Interest cost & 20% & \\ \hline Inventory carrying cost & $400,000 & \\ \hline Warehousing cost & $900,000 & \\ \hline Other operating costs & $150,000 & \\ \hline Cash & 35%,000 & \\ \hline Accounts receivable & & \\ \hline Fixed assets & & \\ \hline Tax rate & & \\ \hline \end{tabular}

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!