Q3. The last time when you called home you were feeling very homesick. Upon hearing this, your friends decided to send you several care packages that includes your favourite snacks, pictures, and three big books on supply chain management. Your friends have the option to send the package by two options: one-day delivery or three day delivery. Determine which delivery alternative is the best? The holding cost of the package is $2500 per year. The one-day delivery transportation cost is $150, and the three-day delivery cost is $162. Please recommend the best way.

Q3. The last time when you called home you were feeling very homesick. Upon hearing this, your friends decided to send you several care packages that includes your favourite snacks, pictures, and three big books on supply chain management. Your friends have the option to send the package by two options: one-day delivery or three day delivery. Determine which delivery alternative is the best? The holding cost of the package is $2500 per year. The one-day delivery transportation cost is $150, and the three-day delivery cost is $162. Please recommend the best way.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

QUESTION 3a. Delightful Coffee Limited (DCLL) purchases coffee from Hopeful Harvest Plantations (HHP)in Santa Cruz, Trinidad. HHP sells coffee at four (4) different prices, depending on the size ofthe order, as shown in Table 3 (below):Table 3. Hopeful Harvest Plantations - Coffee pricesWeight of Coffee Price ($USD)Less than 45 kilograms $18 per kilogram45 to 449 kilograms $17 per kilogram,450 to 1000 kilograms $16 per kilogramMore than 1000 kilograms $15 per kilogramThe cost to place an order at DCLL is $50. Annual demand is 4,500 units. The holding (orcarrying) cost is 20 percent of the material price. (iii) What is the economic order quantity that DCLL should buy each time? Please answer the above question
128 A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 28,500 units of output each month. However, it has an absolute maximum output capability of 35,000 units per month, and can produce as little as 7,000 units per month without corporate headquarters shifting production to another plant. If the factory produces 18,900 units in October, what is the capacity utilization rate in October for this factory? Note: Round your answer to 1 decimal place.
Aa.16.
A 155. Subject:- finance
Q17 Interpret the correct definition of “practicable" according to OSHA 1994. I. II. Practical having regard to the severity of the hazard or risk in question. Practical having regard to the state of knowledge about the hazard or risk and any way of removing or mitigating the hazard or risk. Practical having regard to the availability and suitability of ways to remove or mitigate the hazard or risk. Practical having regard to the cost of removing or mitigating the hazard or risk. III. IV. (a) I, II and III. (b) П, II and IV. (c) I, III and IV. (d) I, II, Ш and IV.
Question13: Zmin=600x1+100x2 5x1+4x2>=20 -x1+x2>=2 x1>=1 x2<=6 x1,x2>=0 Which of the following is true about the graphical solution method of the given linear programming model? 1-) the optimal Z value is 1133.33 2-) A feasible solution area is a triangle. 3-) the optimal solution occurs at the point (1 ; 3.75). 4-) One of the endpoints providing the constraints is (4 ; 0) point. 5-) the optimal solution occurs at the point (1.33; 3.33).
Q7 what are the different way in which an offer terminates
Question 18 Suppose the number of buyers in a market increases and a technological advancement occurs also. What would we expect to happen in the market? O a Equilibrium price would decrease, but the impact on equilibrium quantity would be ambiguous Ob. Equilibrium price would increase, but the impact on equilibrium quantity would be ambiguous. Oo Equilibrium quantity would decrease, but the impact on equilibrium price would be ambiguous O d. Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous
Q.9. What would be an advantage of choosing a sole proprietorship over other legal structures of business? The sole proprietorship can live long after its founder moves on The sole proprietorship is protected from all liability The sole proprietorship pays no taxes 4. The sole proprietorship would be cheaper to set up Select one and explain?
Op7. Question 4. Assume you are the marketing consultant for an upscale food market that wants to focus its marketing efforts on attracting new customers. You have a choice of segmenting the market on either a demographic or a benefit basis. What is the difference between the two? Which would you recommend, and why? Type your answer............. Question 5. Differentiate between breadth and depth of a firm's product mix by choosing a familiar company and explaining how its products exemplify these two concepts. Type your answer................
Q.3.1 You have been appointed as the legal advisor to a company, Xcite (Pty) Ltd. On your first day, the company receives a summons suing the CEO in his personal capacity for the utility bill of the company. He has signed no surety in respect of the account and the MOI is silent regarding the personal liability of any of the Directors in respect of the debts of the company. Provide the CEO with a legal opinion in which you discuss:• legal personality of juristic persons;• the consequences of Xcite (Pty) Ltd’s incorporation;• circumstances when the court will ignore juristic personality; and• circumstances when the directors of an incorporated company would ‘normally’ be liable. Q.3.2 Briefly explain the consequences of the letters ‘RF’ being placed after the company name “Xcite (Pty) Ltd”.
Buckeye Department Stores, Inc., operates a chain of department stores in Ohio. The company's organization chart appears below. Operating data for 20x1 follow. Buckeye Department Stores Cleveland Division Columbus Divişion Downtown Individual Olentangy Store Scioto Store Store Stores BUCKEYE DEPARTMENT STORES, INC. Operating Data for 20x1 (in thousands) Columbus Division Scioto Store $2,500 Olentangy Store $5,000 Downtown Store $12,000 Cleveland Division (all stores) $ 22,000 Sales revenue Variable expenses: Cost of merchandise sold Sales personnel-salaries Sales commissions Utilities Other Fixed expenses: Depreciation-buildings Depreciation-furnishings Computing and billing Warehouse Insurance Property taxes 3,000 500 60 80 70 2,100 310 50 70 35 6,000 760 90 160 13,000 1,700 220 320 270 130 130 90 90 50 30 70 25 20 260 150 480 310 180 460 220 190 40 80 40 75 210 90 35 80 MacBook Pro %23 % 4 & * 5 6. 7 8. Y D F K C V L.