subject
Business, 09.10.2019 22:00 sindy35111

Freshjuice has two stores on peachtree street, one on 10thstreet and the other one on 14thstreet. they are just a block away from each other (it takes about 10 min to the other store by walk). the bestseller is fresh orange juice: 2 oranges will be squeezed to make a bottle of it. demands of both stores follow poisson distribution. the average daily demand s 150 bottles at 10thstreet strore and 250 bottles at 14thstreet store. fresh oranges are ordered every morning, and delivered right before (but after placing orders) store opens. it takes 2 days for oranges to be delivered from fresh food distribution center. (you can approximate to normal distribution for thisproblem) a) what order-up-to quantity for each store s(10) and s(14) to ensure 98% in-stock probability? b) what is average on hand inventory level at each store? c) you came up with an idea that what if the inventory is managed together for both stores as they are very close to each other. first idea is to allow the stores to borrow oranges from the other store in case of stock out while each store maintains current basestock policy. what will be the overall in-stock probability? d) another approach is pooling the inventory at policy level. what will be the order-up-to quantity for pooled inventory at the same in-stock probability level (98%)?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 18:10
During the year, the delph company had no beginning or ending inventories and it started, completed, and sold only two jobs—job d-75 and job c-100. it provided the following information related to those two jobs: job d-75: molding fabrication total direct materials cost $ 375,000 $ 325,000 $ 700,000 direct labor cost $ 200,000 $ 160,000 $ 360,000 machine-hours 15,000 5,000 20,000 job c-100: molding fabrication total direct materials cost $ 300,000 $ 250,000 $ 550,000 direct labor cost $ 175,000 $ 225,000 $ 400,000 machine-hours 5,000 25,000 30,000delph had no overapplied or underapplied manufacturing overhead during the year. assume delph uses a plantwide overhead rate based on machine-hours.1-a. compute the predetermined plantwide overhead rate.1-b. compute the total manufacturing costs assigned to job d-70 and job c-200.1-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 1-d. what is delph's cost of goods sold for the year? assume delph uses departmental overhead rates based on machine-hours.2-a. compute the predetermined departmental overhead rates.2-b. compute the total manufacturing costs assigned to job d-70 and job c-200.2-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 2-d. what is delph's cost of goods sold for the year?
Answers: 3
question
Business, 23.06.2019 00:30
What level of measurement (nominal, ordinal, interval, ratio) is appropriate for the movie rating system that you see in tv guide?
Answers: 2
question
Business, 23.06.2019 01:00
Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs
Answers: 1
question
Business, 23.06.2019 15:30
A. economic resources to be used or turned into cash within one year. b. reports assets, liabilities, and stockholders' equity. c. decrease assets; increase liabilities and stockholders' equity. d. increase assets; decrease liabilities and stockholders' equity. e. an exchange or event that has a direct and measurable financial effect. f. accounts for a business separate from its owners. g. the principle that assets should be recorded at their original cost to the company. h. a standardized format used to accumulate data about each item reported on financial statements. i. the basic accounting equation. j. the two equalities in accounting that aid in providing accuracy. k. the account credited when money is borrowed from a bank using a promissory note. l. cumulative earnings of a company that have not yet been distributed to the owners. m. every transaction has at least two effects. n. amounts presently owed by the business. transaction, separate entity assumption, balance sheet, liabilities, assets, current assets, notes payable, duality of effects, retained earnings, debit.
Answers: 3
You know the right answer?
Freshjuice has two stores on peachtree street, one on 10thstreet and the other one on 14thstreet. th...
Questions
question
Advanced Placement (AP), 23.08.2019 20:10
Questions on the website: 13722367