subject
Business, 07.10.2021 01:00 keishlav5183

A hospital uses two types of surgical kits (M1 and M2). They use a (Q, R) system with a service level of 94%. Each time they place an order, there is a transaction cost of $500 (independent of order size). Each surgical kit costs $60 and they use a discount rate of 18%. Annual demand for each is normally distributed: M1 has a mean of 8,000 and a standard deviation of 2000; M2 has a mean of 7,000 and a standard deviation of 3000. Leadtime is 1.5 months. They are considering using only one type of surgical kit and have found that mean demand would be approximately the same. Determine how the safety stock, cycle stock, and pipeline stock will change if they go to a single kit type.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:20
It is week 1 and there are currently 20 as in stock. we need 300 as at the start of week 5. if there are scheduled receipts planned for week 3 and week 4 of 120 as each and a has a lead time of 1 week, when and how large of an order should be placed to meet the requirement of 300 as?
Answers: 3
question
Business, 21.06.2019 17:00
The risk-free rate is 7% and the expected rate of return on the market portfolio is 11%. a. calculate the required rate of return on a security with a beta of 1.92. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. if the security is expected to return 15%, is it overpriced or underpriced?
Answers: 2
question
Business, 21.06.2019 20:30
1. gdp is calculated by summing consumption, investment, and exports of all final goods and services produced within the borders of a given country during a specific period the dollar value of all final goods and services produced within the borders of a given country during a specific period government expenditures within the borders of a given country during a specific period the quantity of all final goods and services produced within the borders of a given country during a specific period
Answers: 3
question
Business, 22.06.2019 06:30
Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
You know the right answer?
A hospital uses two types of surgical kits (M1 and M2). They use a (Q, R) system with a service leve...
Questions
question
Mathematics, 13.01.2021 20:30
question
Advanced Placement (AP), 13.01.2021 20:30
question
Health, 13.01.2021 20:30
question
English, 13.01.2021 20:30
question
Physics, 13.01.2021 20:30
Questions on the website: 13722360