Solution :
Given data:
Annual demand, D = 180,000 chairs
Ordering cost, F = $ 150 per order
Annual holding cost per unit, C = $25
Lead time of order, L = 5 days
Standard deviation of order during lead time = 30
a). The optimal order quantity
= 1469.69
= 1470 (rounding off)
b). The Z value of the customer service of 90%,
i.e., the probability of 0.90 as per normal distribution table = 1.29
∴ Safety stock = Z value x standard deviation of order during lead time
= 1.29 x 30
= 38.7
= 39 (rounding off)
c). The reorder point
= 3039
d). The optimal annual total inventory cost
= 18367.34 + 18375
= $ 36,742.34
Answer:
250 hours.
Explanation:
Cost of course : $500
The extra income from the course is $2 per hour
to pay off the cost of the course requires earning $500 by working at a rate $2 per hour.
Number of hours required = $500/2
=250 hours.
<u>Answer:</u>
<em>Verizon's implementation of a Web-based digital dashboard to provide managers with real-time information, such as customer complaints, is an example of </em><u><em>B) improved decision making.</em></u>
<u />
<u>Explanation:</u>
In the present day and period of information over-burden, your organization needs the correct instruments to understand each information and bits of knowledge of it is gathering. Without the correct apparatuses, it's challenging to make improved decisions. The most significant difficulties include conquering the emotional idea of individuals. Regardless of how savvy and caring an individual is, they are going to settle on decisions that line up with their qualities.
360/18=20°
20x5=100°
It’s asking for 5 of the eighteen pieces I think. If so here are the answers