Questions from General Supply Chain

Q: Using the Steamy Speedboats problem above, assume that the holding rate

Using the Steamy Speedboats problem above, assume that the holding rate has dropped from 32 percent to 15 percent. What are the (a) optimal order quantity, (b) annual purchase cost, (c) annual holding...

Q: Frankfurt Electronics produces a component internally using the state of the art

Frankfurt Electronics produces a component internally using the state of the art technology. The operations manager wants to determine the optimal lot size to ensure that the total annual inventory co...

Q: Paris Store stocks a part that has a normal distribution demand pattern

Paris Store stocks a part that has a normal distribution demand pattern during the order lead time period. Its average demand during the order lead time is 650 units and the standard deviation of dema...

Q: Lindner Congress Bookstore sells a unique calculator to college students. The

Lindner Congress Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution with an average daily demand of 15 units and a standard deviation of...

Q: The daily demand of a product is very stable at 250 units

The daily demand of a product is very stable at 250 units per day. However, the order lead time varies and can be specified by a normal distribution with a mean lead time of 12 days and standard devia...