Answer:
Re-order time 1 month
Explanation:
EOQ = 
D= 450 units
S=10
H=30%
EOQ=
= 39 units
Number of units D/EOQ = 450/39 = 12
re-order time = total period / Number of orders = 1 year /12
= 1 month
Answer:
Nintendo
Explanation:
13.56 million dallors a day
Answer:
C
Explanation:
Delphi method is a iterative group process, continues until consensus is reached.
It is generally applied to long term forecasting of demand. It is good for new products or for situations that are not well suited for quantitative analysis. Like other qualitative approches, the Delphi method is difficult to accurately measure.
There are three parts of participants:
-Decision maker. Evaluate responses and make decisions.
-Staff. Administering survey.
-Respondents. People who can make valuable judgments.
Answer:
maximum
Explanation:
The newsvendor model may be defined as the mathematical model which is characterize by the fixed prices as well as the uncertain demand for the perishable products. This model is mainly used to determine the optimal inventory level.
According to the newsvendor model, there is only one opportunity to order. The cost of buying large quantities of the products may result in disposing them or selling the products at a lower price.
The optimal ordering quantity is maximum when the underage cost is higher than the overage cost.
