Question: Show solution if possible! A grocery chain is interested in exploring the impact effective supply chain management would have. Suppose that for every $1 of

Show solution if possible! A grocery chain is Show solution if possible!

A grocery chain is interested in exploring the impact effective supply chain management would have. Suppose that for every $1 of sales, 4% is profit, 50% is spent in the supply chain, and the remaining 46% is evenly divided between fixed and production costs. If the chain can save $1 in the supply chain it would take how many dollars of increased sales to have the same increase in profit? Assume that fixed costs are fixed so that the portion of increased sales allocated to fixed costs is instead profit (27% profit margin combined now). O 2.70 O 4.70 O 1.70 O 5.70 O 3.70 Question 22 Average daily demand for a product is normally distributed with a mean of 20 units and a standard deviation of 3 units. Lead time is fixed at 25 days. What reorder point provides for a service level of 95 percent? O 520.75 O 342.75 O 542.75 O 524.75 O 502.75 4 pts

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!

1. A grocery chain is interested in exploring the impact effective supply chain management would have. Suppose that for every $1 of sales, 4% is profit, 50% is spent in the supply chain, and the...

please answer 22&23. will upvote asap Question 22 ABC company is deciding where to assign its summer intern. The manager estimates that the intern can save $20,000 in the supply chain or increase...

ANSWER ALL PLS PTS is interested in exploring the impact effective supply chain management would have. Suppose that for every $1 of sales, 5% is profit, 45% is spent in the supply chain, and the...

RUSH!! Need answers only! Ill upvote for the correct answer! Not more than 1 hour pls! Thank you! PTS is interested in exploring the impact effective supply chain management would have. Suppose that...

PTS is interested in exploring the impact effective supply chain management would have. Suppose that for every $1 of sales, 5% is profit, 45% is spent in the supply chain, and the remaining 50% is...

see case to answer question only you don't need no other reference. Case Overview Founded by Jeff Bezos, online giant Amazon.com, Inc. (Amazon), was incorporated in the state of Washington in July,...

I want you to summerize these 7 items. !Please be different from other answers! !Please get a little quick! Thanks. You should summarize the 7 items in the photo. Max 125 words! reading 1....

et quantities for der/reorder large packs Calculate the second U Tetailers exclusively order reorder la Huling retailers exclusively order reorder small packs. Calculate 6 months accounting for the...

The company which I chose is Zara Canada, I need to answer these questions: Analysis:(1-2 pages) For each issue identified present a root cause analysis. For each opportunity suggested, explain why...

The TOWS matrix is the most important step to move into the formulation of strategies. It is based on the SFAS table and requires thinking on strategies that for example uses strengths to take...

Patient Health is an outpatient surgical clinic that was profitable for many years, but Medicare has cut its reimbursements by as much as 50%. As a result, the clinic wants to better understand its...

Do you think Tim Berners-Lee would be happier being the CEO of a highly successful firm making millions more than he is now as an employee in nonprofit organizations?

Killarney Inc. transferred a small piece of land to one of its shareholders as a dividend in kind. The land originally cost $20,000 and had a fair market value of $90,000 at the time of the transfer....

What is an example of constructive feedback? provide reference