LLBean orders a supply of its house brand hiking boots when stock on hand drops to a given level at its shipping warehouse. Each Bean warehouse has the following profile for this product line: Table 1 Demand forecast (weekly) o demand forecast 2000 units 600 units/week 97% Desired cycle service level Supplier lead time (fixed) | Average Cost | Average Retail Price Shipping cost per order | financial & physical carry cost rate (h) 4 weeks $40 $59.99 $1000 10% a. Assume that LL Bean is considering a move to consolidate four of its regional warehouses (each identical in profile to that described above) into two centralized DCs. Report the potential inventory holdin and ordering cost savings from this move for the one item if Bean operates 50 weeks per year. Also, report any order response improvement you observe from the new plan. b. Assuming this plan is executed properly, per unit transportation shipping costs will increase from $1 per unit to $1.08 per unit. Report your analysis and recommend a final plan of action for LL. Bean.

Q: A manufacturer sells a product at $9.45 per unit, selling all produced. The fixed cost is $2325 and…

A: TC=TFC+TVCProfit occurs when TR>TCProfit=TR-TCTR=P×Q

Q: Maroons Medical Supplies, Inc. must order masks from its supplier in lots of 1 dozen boxes. Given…

A: Annual demand (D)  = 26,000 dozen The cost per order placed (O) = P30 Carrying costs (H) = 20% OF…

Q: The manager at Robert's Cigars wants to determine the lowest cost order policy given the following…

A: * SOLUTION :-  *(2)

Q: b) Astra company produces single product. The first unit of a new product requires (choose between…

A: The learning curve is based on the logic that as more of a product gets produced, the repetition…

Q: A company has established that the relationship between the sales price for one of its products and…

A: The firms in the industry are liable to working effectively so that they can implement their several…

Q: A manufacturer of cassette tapes expects a fixed cost of $55,000. It plans to work on the margin of…

A: Cost function; C = F + V × Q)                           =$55,000 + ($0.4 x Q)…

Q: 1. A small company manufactures a certain product. Variable costs are $20 per unit and fixed costs…

A: Given : Variable cost = $20 Fixed cost = $10,875 Demand curve; P = - 0.25D + 250

Q: I have a question about the following question. What is the annual breakeven production quantity…

A: Breakeven point is simply the point where the total revenue is equal to the total cost. It is…

Q: Problem 1 Knott's Industries manufactures three models of backyard swings: Standard, Deluxe, and…

A: There are a total of 5 machines available. We need to find out the total amount of time for which…

Q: The price/demand function of a company is p= 42 – 0.001D and the cost function is 30D + 1200.…

A: We know that at equilibrium level demand and supply for goods and services are equal at certain…

Q: ABC Manufacturing produces a product for which the annual demand is 10,000 units. Production…

A: Given, Annual demand (D) = 10,000 Units Average Production = 100/day Average demand = 40/day Holding…

Q: Q.No.4. Admin should be given an option on login to see the total sale and profit gained, also Which…

A: Profit is the financial gain derived from the deduction of total costs from the total revenue of an…

Q: 48. Revenue, cost, and profit. The company in Problem 47 is also planning to manufacture and market…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: BREAK-EVEN ANALYSIS A company's fixed operating costs are $500,000, its variable costs are $2.30 per…

A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…

Q: The total cost of an MBF plant is 35,000 units i it produces 500 products, and a total cost of…

A: Given information  When Q=500, Total cost =35000 When Q=1000,  Total Cost=6000 P=100

Q: 1. A company is considering opening a new product line. The building being considered will have a…

A: The point where the costs of producing a product equal its revenue is called the break-even point..…

Q: Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply…

A: total cost, in economics, the sum of all costs incurred by a firm in producing a certain level of…

Q: A large company has determined the relationship between the price (p) of their product and the…

A: a. Determine the optimal demand (D) to maximize profit? The profit is maximum at MR=MCMR=450-0.06D…

Q: Eastman Publishing Company is considering publishng an electronic textbook about spreadsheet…

A: * SOLUTION :-

Q: The Pear company produces and sells pPhones. Their production costs are $290000 plus $180 for each…

A: Break-even is when total revenue equals total cost.

Q: 1) The management of Thompson Controls must decide between three processes for its model D…

A: We find out profits of both high quality product and low quality product, to decide which one should…

Q: Refer to (Total Time = 20 minutes (VA time) + 10 minutes (NVA time) = 30 minutes; Total Cost =…

A: Given in the question, we have time decrease in two ways: 1. TIme on order board decreases from 5…

Q: The ULS company has the following demand forecasts for the coming months. Placing an order costs $…

A:

Q: A manufacturer produces a certain item with the following cost : Selling Price per item P 600.00…

A: Given,   Selling Price per item = P 600.00  Labor Cost = P 76.00 per items  Material Cost = P 115.00…

Q: Northwest manufactures a product requiring 0.5 ounces of platinum per unit The cost of platinum is…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Selling price per large Snowie  $                    5.00     Ice per Snowie  $…

A: Working Notes :- Sales Revenue = 5 * 69 * 20 = 6900 Ice Expense = 0.2 * 69 * 20 = 276 Spoon straws =…

Q: A company has a production capacity of 500 units per month and its fixed costs are ₱250000 per…

A: Annual Production Capacity = Unit produced x 12                                              = 500 x…

Q: The bookstore at Tech purchases jackets emblazoned with the school name and logo from a vendor. The…

A: Formula for Economic order quantity (EOQ):

Q: 1.Following is a summary of basic cost and revenue data for an Engineering Consultation Office.…

A:

Q: 6. A small company manufactures a certain product. Variable costs are $20 per unit and fixed costs…

A: Given that: Cost Function: Total Cost = Fixed Cost + Variable Cost, where fixed cost = $5000 and…

Q: Suppose we know that p=1,056– D/5, where p = price in dollars and D = annual demand. The total cost…

A: Profit = Total Revenue- Total Cost Total Revenue = Price*Quantity And here quantity is D and Price…

Q: R(p) = pN(p).| Bob is currently selling tires for 60 dollars each. His weekly sales are running at…

A:

Q: A company has established that the relationship between the sales price for one of its products and…

A: Given: The quantity sold per month is approximate: P = 75 - 0.1D units The fixed cost is- $1,000…

Q: (a) For a product managed according to the Economic Order Quantity method, the table shows monthly…

A: The answer is as follows:

Q: A manufacturing business that is involved in manufacturing and selling a single product. The annual…

A: The total revenue of a firm is the total payments received from the sale of goods and services.…

Q: [Problem 3 ] Piddling Manufacturing assembles security monitors. It purchases 3,600 black and white…

A: The question has been solved below.

Q: 40 Select ALL the tools that are used when conducting an industry analysis. SWOT Analysis Porter's 5…

A: In a market, an industry is considered as the group of firms that are producing same products using…

Q: DrivingNowhere is producing automobile spare parts. Consider the following data to answer elow given…

A: Annual Demand = 30,500 Daily demand = 100 Daily Production = 800 Desire Lot Size = 200 Holding cost…

Q: Given the cost information below if this firm increases its production and sales from 3 to 4 unites…

A: Profit margin is a measure of profitability which is calculated by finding the net profit as a…

Q: A power retailer serves a group of customers and conducts load forecasting for hourly energy…

A: Given information Load forecast and purchase cost   Hour 1 Hour 2 Hour 3 Forecast (MW)…

Q: 6. A firm has estimated that the fixed costs of operations for a new product at $2,000,000 per year.…

A: Answer: Given, Fixed cost (FC)=$2,000,000Variable cost per unit=$250 per unitPrice of the product…

Q: MC P4 ATC P3 AVC P2- P1- AFC Output

A: Part A: The perfectly competitive market has large numbers of buyers and sellers, and both these…

Q: XY Inc. produces certain product at a labor cost of $10 and material cost of $15 per unit. The fixed…

A: Given: Labor cost=$10 per unit Material cost=$15 per unit Fixed charges=$10000 per month Other…

Q: 09. Consider the economic order quantity, with demand of 1650 unit per month (30 days), setup cost…

A: Time between orders is an ecommerce metric that measures how long customers take to place a next…

Q: With the following information, find the total selling price of dry palay. Total Harvest = 5tons of…

A: According to the question given that the total harvest of the palay is 5 tons Cost of drying…

Q: 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is…

A: Hi! thanks for the question but as per the guidelines, we answer up to three subparts. Kindly repost…

Q: 2. A company produces and sells a consumer product and is able to control the demand for the product…

A: The approximate relationship between price and demand is:-…