The International Chef, Inc, markets three blends of onental tea premium, Duke Grey, and breakfast. The firm uses tea leaves from India, China, and new domestic Calfomia sources Net profit per pound for each blend is 50 60 for premium, $0.30 for Duke Grey, and 50 45 for breakfast The firm's regular weekly supplies are 21,000 pounds of Indian tea leaves, 22,000 pounds of Chinese tea leaves, and 14.000 pounds of California tea leaves. Develop and solve a linear optimization model to determine the optimal mox to maximize profit Click here to view the tea blends data Complete the table below to indicate the number of pounds of each type of tea leaf to produce to optimize the profit, and then give the total profit earned Round to the nearest whole number as needed) Premium Pounds to Produce Total Prot Duke Grey ☐ Breakfast Tea Blends Data Quality Premum Duke Grey Breakfast Tea Leaves gercent) Tea Leaves (percent) Indian 40% 30% 40% Print Chinese 20% 50% Done California 40% 20% 20%
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- 1.Upstream supply chain members are A. retailers B. manufacturers C. end-use customers D. suppliers 2.The integrated group of business processes that form a supply chain are A. marketing, manufacturing and finance B. procurement, production and distribution C. manufacturing and service D. demand, value, and quality 3.The bullwhip effect occurs when A. slight to moderate demand variability becomes magnified as demand information is transmitted back upstream. B. slight to moderate demand variability becomes magnified as supply information is transmitted back upstream. C. slight to moderate demand variability becomes magnified as demand information is transmitted back downstream. D. slight to moderate demand variability becomes magnified as supply information is transmitted back downstream. 4.The key element in achieving supply chain integration is A. quality management B. ISO certification C. information technology D. EDI 5.A disadvantage of RFID technology that has hindered its…Lenka's Fresh Snacks (LFS), the producer of the Lenka Bar, is a granola bar manufacturer based in Yoe, Pennsylvania. LFS produces a number of granola bars for its 450 retail partners across the eastern seaboard, manufacturing them in its 4,000-square-foot facility. According to Steve Rasovsky, CEO, the best-selling flavors for Lenka Bar are peanut butter, and nuts and berries. 8 As LFS continues to expand, it has decided to add a new flavor to its product line: chia seeds and almonds. These ingredients have different order quantities and storage requirements than other ingredients already used in manufacturing. As it considers how to move forward, LFS must consider a number of issues regardingwarehousing and storage. What are some of the key priorities that it must consider?Dogs-R-Us and K-9, Inc. are two retail stores that cater to the needs of dog owners in the greater Charleston area. There is healthy competition between these two establishments. Both operate 52 weeks a year and both sell approximately the same type and dollar value of items. Table provides the cost of goods sold, the average inventory level, and unit value of each item sold in the two stores.a. Compare the two retail stores in terms of average aggregate inventory value.b. Compare the two retail stores in terms of weeks of supply.c. Compare the two retail stores in terms of inventory turnover.
- A company's distribution and warehouse expenses do NOT include which one of the following? a) The costs of processing, boxing, packaging, handling, and shipping orders to footwear retailers and -online buyers b)A standard import tariff of $4.00 per pair on any pairs imported from the company's foreign production facilities--tariffs are due and payable at the port of entry rather than when the pairs are sold c)Annual leasing and maintenance fees of $1 million for each of the company's four distribution centers; however, such expenses fall to 5 times the number of pairs sold when warehouse volume in any region is less than 200,000 pairs annually (should company managers decide to abandon selling footwear in a geographic region, leasing and maintenance costs will fall to $0 (resuming if/when sales begin again) d)The inventory costs of carrying unsold pairs over from the prior year ($0.50 per pair on required inventrory and $1 per pair on additional unsold pairs) e)Per pair freight…Chris Sandvig Irrigation, Inc., has summarized the price list from four potential suppliers of an underground control valve. See the table below. Annual usage is 1,100 valves; order cost is $10 per order; and annual inventory holding costs are $7.55 per unit. D D Vendor A Quantity 1-14 15-24 25-99 100-199 200-399 400+ Price $35.00 34.75 33.55 32.35 31.15 30.75 Vendor C Vendor D Vendor A D Vendor B Vendor B Which vendor should be selected and what order quantity is best if Sandvig Irrigation wants to minimize total cost? Chris Sandvig Irrigation should order units at a time from (enter your response as a whole number). Quantity 1-24 25-99 100-199 200-399 400+ Price $34.75 34.00 32.80 31.60 30.50 MacBook Air O Vendor C Quantity 1-49 50-149 150-299 300+ Price $34.50 33.75 32.50 31.10 Vendor D Quantity 1-149 150-299 300+ Price $34.25 33.00 31.00 NextMcMillan Sugar Limited is a supplier of sugar and other derivatives. The company wasestablished in 1931 in Eastern Europe and has since expanded to other parts of Europe, Asiaand America. The company has been growing steadily. From 1940 to 1985, the companyregistered 1.5 Trillion US dollars in revenues. These revenues were mainly generated throughthe genius design of its supply chain. The company managed to secure a constant supply ofsugar cane by co-opting major sugar cane producers (farmers) to become shareholders in thecompany. This enabled the company to control the inflation of sugar cane price. Indeed, themajor farmers were not willing to increase the price of sugar cane, which would have anadverse effect on the company in which they were shareholders. McMillan Sugar Limitedbecame a leading brand in the sugar industry and in 2003 it was listed as the best performingcompany in the Eastern Europe. This success came as result of various strategic decisions.Firstly, the company…
- McMillan Sugar Limited is a supplier of sugar and other derivatives. The company wasestablished in 1931 in Eastern Europe and has since expanded to other parts of Europe, Asiaand America. The company has been growing steadily. From 1940 to 1985, the companyregistered 1.5 Trillion US dollars in revenues. These revenues were mainly generated throughthe genius design of its supply chain. The company managed to secure a constant supply ofsugar cane by co-opting major sugar cane producers (farmers) to become shareholders in thecompany. This enabled the company to control the inflation of sugar cane price. Indeed, themajor farmers were not willing to increase the price of sugar cane, which would have anadverse effect on the company in which they were shareholders. McMillan Sugar Limitedbecame a leading brand in the sugar industry and in 2003 it was listed as the best performingcompany in the Eastern Europe. This success came as result of various strategic decisions.Firstly, the company…Consider a three-firm supply chain consisting of a retailer, manufacturer, and supplier. The retailer's demand over an 8-week period was 110 units each of the first 2 weeks, 220 units each of the second 2 weeks, 280 units each of the third 2 weeks, and 400 units each of the fourth 2 weeks. The following table presents the orders placed by each firm in the supply chain. Notice, as is often the case in supply chains due to economies of scale, that total units are the same in each case, but firms further up the supply chain (away from the retailer) place larger, lessfrequent, orders. Week Retailer Manufacturer Supplier 1 110 220 660 2 110 3 220 440 4 220 5 280 560 1360 6 280 7 400 800 8…Adelie Enterprises has decided to dropthe international supplier from consideration. Furthermore,Adelie has decided to order boxes in lots of 10,000 to op-timize the use of available storage space at its distributionfacility. To more completely consider the cost/volume trad-eoffs associated with selecting the local or national supplier,management has collected the following data. Adelie servicesits customers 250 days per year. a. On purely a total cost basis, which supplier should beselected if there is low demand for Adelie’s new service;which supplier should be selected under moderatedemand assumptions; and which supplier should beselected under high demand?b. Which supplier achieves the lowest expected cost ifthe probability of low demand is 35 percent, moderatedemand is 45 percent, and high demand is 20 percent?
- Week 1 2 3 4 5 6 7 8 Retailer 110 110 190 190 310 310 410 410 Manufacturer 220 380 620 820 Supplier 600 1,440Consider a three-firm supply chain consisting of a retailer, manufacturer, and supplier. The retailer's demand over an 8-week period was 90 units each of the first 2 weeks, 220 units each of the second 2 weeks, 280 units each of the third 2 weeks, and 400 units each of the fourth 2 weeks. The following table presents the orders placed by each firm in the supply chain. Notice, as is often the case in supply chains due to economies of scale, that total units are the same in each case, but firms further up the supply chain (away from the retailer) place larger, less frequent, orders. Week Retailer Manufacturer Supplier1 90 180 6202 90 0 03 220 440 04 220 0 05 280 560 1,3606 280 0 07 400 800 08 400 0 0 a) What is the bullwhip measure for the retailer? The bullwhip measure for the retailer is ??? (Enter your response rounded to two decimal places.) b) What is the bullwhip measure for the…Explain the Wilson approach in supply chain management and its key objectives.