1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aleksley [76]
3 years ago
6

Troy Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year, with an annual demand o

f 50,000 units, an ordering cost of $35 per order, a holding cost of $1 per unit per year, a lead time of 3 weeks, and a standard deviation of demand during lead time equal to 216.51 units. what is safety stock for the firm if a 94% service level is desired?
Business
1 answer:
timurjin [86]3 years ago
8 0

Answer:

Safety Stock is 336.62 units

Explanation:

As per given data

Demand = D = 50,000

Ordering Cost = S = $35

Holding Cost = H = $1 per unit per year

Weekly Demand = Demand / 50 weeks = 50,000 / 50 = 1,000 units per week

Weekly Demand during Lead time of 3 weeks = 1000 x 3 = 3,000 units

Standard Deviation = 216.51 units

Desired Service level = 94%

The Z score at 94% service level is 1.55477  

Safety Stock = Zscore x standard deviation = 1.55477 x 216.51

Safety Stock = 336.62

You might be interested in
Batch Co. employs knowledge workers and is finding that its employees are retiring closer to age 75 than to age 65. As a result,
alekssr [168]

Answer:

It will decrease prior service cost and, as prior service cost is amortized, will decrease pension expense.

Explanation:

In the given if there is any change in the projected benefit obligation so the pension expense would impact in the present and future period by reducing the service cost that incurred before also the service cost that incurred before would be amortized that ultimately reduce the pension expense

Therefore the first option is correct

6 0
3 years ago
The list of the tasks, duties, and responsibilities that a job entails is known as a _____. multiple choice utilization analysis
mash [69]
<span>This is known as a job description. A job description informs potential employees about the duties and responsibilities they will have if hired. The job description also tells potential employees about the position's working conditions and qualifications required and other specifications.</span>
8 0
3 years ago
The gaps model is designed to highlight those areas where
garik1379 [7]
The phrase the best completes the statement is "the gap between customer expectation and actual services provided are identified." It is a tool and a method of service quality which are most commonly used by a product manager. It assesses the quality of service delivery from the client's expectations.
3 0
2 years ago
Identify a brand and discuss how the organization is blending marketing mix element to achieve a marketing communication objecti
NeX [460]

Answer:

Nike as a brand is making the use of Marketing mix to communicate a objective of high quality sport brand.

Explanation:

  • The aim of the marketing mix s the right combination of product, place, promotion, and price, etc. It is done so that the company can have an advantage over the competitors. It's a set of controllable and tactile marketing tools.
8 0
2 years ago
How hospital capacity considerations differ from a factory.
sleet_krkn [62]

Answer:

One of the differences between hospital and factory capacity is that a hospital can add capacity easily by adding more staff and beds. A factory is usually technologically limited and therefore must plan well in advance to add capacity.

Explanation:

3 0
2 years ago
Other questions:
  • Assume an economy with two rms. Firm A produces wheat and rm B produces bread. In a given year, rm A produces
    11·1 answer
  • A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a
    14·1 answer
  • What is a migrant worker
    9·2 answers
  • Angola United Theaters, Inc. is considering opening a new movie theater in Angola, Indiana. The relevant cost of capital is 8%.
    10·1 answer
  • On august 1, harvey company offered to pay $13,000 for equipment that was advertised as being sold for $19,000 by carrone compan
    9·1 answer
  • ___________ is a phenomenon in which the project manager spends more time documenting project tasks, collecting performance meas
    7·1 answer
  • Teton Trails manufactures backpacks for adventurers. The backpacks come in two types: Daytripper, and Excursion. Teton anticipat
    13·1 answer
  • What is the Consumer Price Index (CPI) and how is it determined each month? How does the Bureau of Labor Statistics (BLS) calcul
    9·1 answer
  • Santa Fe Production sells a single product to wholesalers. The company's budget for the upcoming year revealed anticipated unit
    6·2 answers
  • What are some of the services and programs that are funded by income taxes?.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!