The National Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 60 cents per gallon per year, and the cost of ordering the chemical is P150 per order. The firm uses the chemical at a constant rate throughout the year. The chemical's economic order quantity is?
Q: Explain the relationship between priority versus capacity that must exist within the production plan...
A: Capacity can be understood as how much a firm can handle at a given point of time. It is quite sign...
Q: Uberya Towing Services repair vehicles that break down at an average 8 vehicles per day. The mechani...
A: Uberya Towing Services repair vehicles that break down at an average 8 vehicles per day which is ass...
Q: Activity time estimates for a production line design & implementation project at the CBA factory are...
A: Project network is the graphical representation of project activities and their duration to complete...
Q: 3.4-15* A cargo plane has three compartments for storing cargo: front, center, and back. These compa...
A: Objective Functions and Constraints: Based on the given details, the objective funct...
Q: In a PSI plan, which should be your base for production? Inventory or Sales? Write your answer in no...
A: Inventory management is described as the process through which a company identifies the specific ite...
Q: The project manager wishes to set the due date for the completion of the project
A: A PERT model of activity planning specifying 3 dimension of activity duration which helps to identif...
Q: Identify six attributes of Lean organizations
A: A lean organizational framework or structure can be stated as the structure that is sketched or desi...
Q: he agricultural crop that is widely cultivated in Japan is Paddy Rice. Identify the various operati...
A: Paddy Rice is the staple food in Japan . Since Japan's mild and humid climate is good for growing th...
Q: Given the following demand for waiters and waitressesat S. Ghosh Bar and Gri ll, determine the minim...
A: A day off is a day when any person doeses not do work, even there is usually a working day.
Q: Can someone help me on my homework. What are the uses of appendices? minimum if 400 words ty!
A: An appendix provides comprehensive understanding of the research problem and it constitute she supp...
Q: What factors contribute to a country's desirability?
A: The desirability of the country refers to the quality or condition of the country being desired. A c...
Q: nagement cohtributes to the prese
A: Strategic management concerns include the significance of establishing a competitive edge over rival...
Q: MA forecast for as many periods as possible before calculating the CFE. Group of answer choices ...
A: A moving average can be stated as the statistics that grab or captures the average transformations i...
Q: ABC Corporation has determined that his cologne is selling at 300 per bottle with a fixed cost of Ph...
A: A breakeven point(BEP) is a quantity of product or total value of an item which facilitate no profit...
Q: What is the relationship between the design of a manufacturing process and the firm's strategic comp...
A: Businesses, either manufacturing goods or providing services need to be competitive to market their ...
Q: 5 important points with the long explanation every point thank u Topics : Just In Time -> About Ope...
A: Just-in-time otherwise called JIT is an inventory management technique by which work, material, and ...
Q: A process includes 9 tasks and there are 3 workers. Each task can be assigned to only one worker and...
A: Given data is Number of tasks = 9 Number of workers = 3 Task Processing time 1 60 2 70 3 25...
Q: “Your next load of groceries may be moved by a modern-day bionic man or woman writes,” The Wall Stre...
A: Workplace injuries are described as the illness and the injuries that take place when an employee ca...
Q: Six jobs are to be processed through a two-step operation. The first operation involves sanding, and...
A: In operations, Johnson's rule is a technique of scheduling jobs in two work centers. Its primary obj...
Q: What are the important factors or considerations in order to achieve an effective Supply Chain?
A: Effective supply chain refers to the supply chain that meets or exceeds the actual demand based on t...
Q: In the research analysis, what do the scope and delimitations provide?
A: Research methodology is nothing but the particular method or course of actions or techniques used to...
Q: Determine whether project management software can assist you in keeping a tighter grip on project ex...
A: Project management software is the system that helps manager to control project cost and schedule.
Q: a-b) One of the possible assignment of tasks to workstations is shown correctly in Fig. 2 . The effi...
A: A project schedule network diagram shows the sequential and analytical connection between tasks in a...
Q: Henrietta wrote a check 1o Belk for $948 she knew her checking account had less than $36 and that sh...
A: False pretenses are those claims made or implied especially which are not supported by facts . one...
Q: Daniel's Barber Shop a t Newark Airport is open 7 days a week but has fluctuating demand. Daniel Bal...
A: given,
Q: Wk Qu. 8-13 A firm offers three different prices on its... A firm offers three different prices on i...
A: A production plan can be defined as the planning which demonstration fostering an aide for the plan ...
Q: Analyse and explain ONE key risk that Sushiro faced when it operates overseas. With reference to the...
A: Geopolitical risk, also known as political risk, occurs when a country's government makes an unantic...
Q: Define critical path.
A: Project management is the management in which different types of knowledge and skills are used to ma...
Q: Explain the types of organizational structures that are involved in project management
A: Project management (PM) organizational structure signifies who has control over a project. The most ...
Q: h to basic research
A: 3 types of approach to basic research
Q: To select a reliable forecast technique that you can use to predict the future sales of your bags ba...
A: given,
Q: Define kanban
A: Lean manufacturing can be stated as the production approach based on the concept of maximizing produ...
Q: You have been hired as a consultant to three firms: a British retail bank setting up in Spain; a Ger...
A: The job of a consultant would be to individually go through the details of all the three situations....
Q: Two Indiana state senate candidates must decide which city to visit the day before the November elec...
A: Democrat follows Minimax approach. Min (Max) = Max (Min) Minimax is a decision rule that is used to...
Q: what are the factors to consider in selecting a place or location for a business?
A: Location decision is the process of selecting the ideal location from different alternatives to set ...
Q: Find the productive.
A: Productivity indicating the proportion between total output and total cost. It indicating the unit v...
Q: “Vesting of the proprietary interest of the workers in the industries in which they are employed.” C...
A: A Small Introduction about Proprietary Proprietary data is significant, potentially touchy data t...
Q: Why might it be helpful to bring out the charter when people are arguing over a decision? What is m...
A: Nearly every sort of dispute management process depends on some type of ground rule. Ground rules a...
Q: What are the advantages and disadvantages of using robots in manufacturing? What will happen if robo...
A: The bulk of robots are presently used in manufacturing processes, and they are used in three differe...
Q: Max 3x, + 1lx, + 5x, + 3x4 s.t. = 30 3x, + lx, + 2x, 2x, + lx, + 3x, + 1x 15 %3D 2x2 + 3x, <25 X1, X...
A:
Q: A recent report on executive awareness of and involvement in corporate pandemic preparedness by Mich...
A: NOTE - We will solve the first three subpart for you because you asked a question with many subpart....
Q: Answer must b in 2 to 3 pages
A: Fran Jefferson supervised the Training Department of Metro Bank. One of her star employees, Judy Mar...
Q: Problem 3. Lexberheights Company has the following information: 10.000 units per year 2,000 units 1,...
A: Safety stock is the inventory stock that the company should maintain to avoid the issue of shortage....
Q: Explain the significance of the manufacturing innovation
A: To determine: The significance of the manufacturing innovation. Manufacturing innovation: Manufact...
Q: Organisations compete in a variety of ways, one of which is technical innovation. However, there are...
A: To be determined: Organizations compete in a variety of ways, one of which is technical innovation. ...
Q: 6-27 Ross White’s machine shop uses 2,500 brackets during the course of a year, and this usage is re...
A: Given- Annual Demand (D) = 2500 bracketsOrdering cost (S) = $18.75 per orderHolding cost (H) = $...
Q: The following jobs are waiting to be processed at a small machine center: ...
A: The LPT sequencing is as follows:
Q: Blair & Rosen, Inc. (BSR) is a brokerage firm that specializes in investment portfolios designed to ...
A: Note: - As we can answer only up to three subparts we will answer the first three subparts(a, b, and...
Q: 1. What do you think are the advantages of understanding the development of Outline/Operations Proce...
A: 1. An operations process chart represents the sequence of the operations to be performed on a compon...
Q: Explain the questionnaire design and use examples to describe the pricess
A: A questionnaire is an examination instrument that comprises of a bunch of questions or other sorts o...
The National Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 60 cents per gallon per year, and the cost of ordering the chemical is P150 per order. The firm uses the chemical at a constant rate throughout the year. The chemical's economic order quantity is?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
- The NATO Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 60 cents per gallon per year, and the cost of ordering the chemical is P150 per order. The firm uses the chemical at a constant rate throughout the year. The chemical's economic order quantity isThe company uses 150,000 gallons of alcohol per month. The cost of carrying the alcohol in inventory is P0.50 per gallon per year, and the cost of ordering is P150 per order. The firm uses the alcohol at a constant rate throughout the year. It takes 18 days to receive an order once it is placed. The reorder point is?The NATO Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 50 cents per gallon per year, and the cost of ordering the chemical is P150 per order. The firm uses the chemical at a constant rate throughout the year. It takes 18 days to receive an order once it is placed. The reorder point is (Operating days is 360/year)
- The National Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 50 cents per gallon per year, and the cost of ordering the chemical is P150 per order. The firm uses the chemical at a constant rate throughout the year. It takes 18 days to receive an order once it is placed. The reorder point is (Operating days is 360/year)company sells 20,000 radios evenly throughout the year. The cost of carrying one unit of inventory for one year is P8, and thepurchase order cost per order is P32. What is the economic orderquantityYou are in charge of inventory control of a highly successful product retailed by your firm. Weekly demand for this item varies, with an average of 350 units and a standard deviation of 15 units. It is purchased from a wholesaler at a cost of $25.00 per unit. The supply lead time is 7 weeks. Placing an order costs $55.00, and the inventory carrying rate per year is 15 percent of the item's cost. Your firm operates 6 days per week, 50 weeks per year. Refer to the standard normal table The table below shows the total area under the normal curve for a point that is Z standard deviations to the right of the mean. Z 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 0.0 0.5000 0.5040 0.5080 0.5120 0.5160 0.5199 0.5239 0.5279 0.5319 0.5359 0.1 0.5398 0.5438 0.5478 0.5517 0.5557 0.5596 0.5636 0.5675 0.5714 0.5754 0.2 0.5793 0.5832 0.5871 0.5910 0.5948 0.5987 0.6026 0.6064 0.6103 0.6141…
- I need answers A company uses on an average 216 parts a day with a standard deviation of 16 parts per day in a manufacturing process. Cost of placing and receiving an ordering is BDT 40,000. Estimated monthly carrying cost is BDT 90 per part. Orders are delivered approximately 7 days after being placed. The delivery time is normal with a mean of 7 days and a standard deviation of 2 days. The company is open 360 days per year. Find the order quantity that is economical. If the Company takes 3% stock out risk, then find safety stock (SS) quantity and Re-Order Point? 3.If the supplier offers a discount of BDT 8 per circuit board for purchasing of 4000 boards at a time, then financially evaluate and justify whether the company will go with the offer or not? 4.The person who orders the boards follows this rule: Order when the amount on…Thompson Paint Company uses 60,000 gallons of pigment per year. The cost of ordering pigment is $200 per order, and the cost of carrying the pigment in inventory is $1 per gallon per year. The firm uses pigment at a constant rate every day throughout the year. a. Calculate the EOQ. b. If it takes 20 days to receive an order once it has been placed, determine the reorder point in terms of gallons of pigment. (Note: Use a 365-day year.)As inventory manager, you must decide on the order quantity for an item that has an annual demand of 2,000 units. Placing an order costs you $20 each time. Your annual holding cost, expressed as a percentage of average inventory value, is 20 percent. Your supplier has provided the following price schedule:Minimum Order Quantity Price per Unit1 $2.50200 $2.40300 $2.251,000 $2.00What ordering policy do you recommend?
- The Big Buy Supermarket stocks Munchies Cereal. Demand for Munchies is 4,000 boxes peryear (365 days). It costs the store $60 per order of Munchies, and it costs $0.80 per box per yearto keep the cereal in stock. Once an order for Munchies is placed, it takes 4 days to receive theorder from a food distributor. Determine The reorder pointPART A Speedy Bicycle Company (SBC) is a wholesale distributor of a wide variety of bicycles and bicycle parts. The most popular model is the Dragonfly, which sells for $170. All manufacturing is done at a plant in China, and shipment takes a month (30 days) from the time an order is placed. The estimated order cost is $75, including customs clearance. SBC's cost per bicycle is 65% of retail price, and inventory carrying cost is 11% per year of SBC's cost. If the company cannot fulfill a retail order, the retailer will get the shipment from another distributor and SBC loses that business. SBC is planning inventory for 2023 based on forecasted demand and wants to maintain a 93% service level to minimize lost orders. The company has 300 working days per year. 2021 Forecasted Demand for the Dragonfly Bicycle Model: F A M J 15 58 96 J 8 M 31 J per order 1 Inventory Activity 59 38 (round to nearest cent) 2 bicycles 6 A 23 Develop an inventory plan for the Dragonfly model. Canvas responses…PART A Speedy Bicycle Company (SBC) is a wholesale distributor of a wide variety of bicycles and bicycle parts. The most popular model is the Dragonfly, which sells for $170. All manufacturing is done at a plant in China, and shipment takes a month (30 days) from the time an order is placed. The estimated order cost is $75, including customs clearance. SBC's cost per bicycle is 65% of retail price, and inventory carrying cost is 11% per year of SBC's cost. If the company cannot fulfill a retail order, the retailer will get the shipment from another distributor and SBC loses that business. SBC is planning inventory for 2023 based on forecasted demand and wants to maintain a 93% service level to minimize lost orders. The company has 300 working days per year. 2021 Forecasted Demand for the Dragonfly Bicycle Model: F A J 15 58 J 8 M 31 M 96 J 59 38 A 23 S 16 0 14 N 26 D 41