A big regulation firm uses an average of 40 boxes of copier paper a day. The firm operates 260 days a year. Storage and dealing with costs for the paper are $ 30 a year per box, and it prices approximately $ 60 to order and also get a distribution of paper.
You are watching: A large law firm uses an average of 40
a. What order dimension would minimize the sum of yearly ordering and also moving costs?
b. Compute the total yearly expense using your order size from component a.
c. Except for rounding, are yearly ordering and also delivering prices constantly equal at the EOQ?
d. The office manager is presently using an order size of 200 boxes. The partners of the firm suppose the office to be regulated “ in a cost- reliable manner.” Would you recommend that the office manager usage the optimal order size rather of 200 boxes? Justify your answer.
Students additionally perceived these Management Leadership questions
A large law firm uses an average of 10 packeras of copier paper a day. Each package has 500 sheets. The firm operates 260 days a year. Storage and handling costs for the paper are $1 per year per package, and it costs approximately $10 to order and receive a shipment of papers. a. What order... View Answer
A large electronics repair shop uses an average of 85 capacitors a day. The standard deviation is 5 systems per day. The buyer complies with this rule: Order when the amount on hand and on order drops to 625 units. Orders are yielded approximately 6 days after being placed. The distribution time is Common... View Answer
A firm uses an average of 85 circuit boards a day in an assembly process. The typical deviation is 5 units per day. Tire perkid that orders the boards complies with this rule: Order when the amount on hand also drops to 625 boards. Orders are ceded approximately 6 day’s after being put. Tire... View Answer
A large law firm uses a consistent 50 reams of copier paper per day. The lead time for the paper is approximately normal, avereras 9 days, and has a standard deviation of 3 days. What reorder suggest provides a business level of 90%? View Answer
1. A mail-order home uses an average of 300 mailing bags per day. The number of bags essential each day is approximately commonly dispersed through ? = 50. How many type of bags have to the agency have actually on hand also at the beginning of a day to be 95% specific that all orders can be filled? View Answer
In Example 5.2, let the random variable Y equal 1 if the family members has at leastern one child of each sex, and let it equal 0 otherwise. Find PY = 0 View Answer
Develop a conmessage diagram and as many nested DFDs as you consider necessary to recurrent all the details of the training logistics device described in the adhering to narrative. If you uncover that the narrative is infinish, consist of reasonable explanations to complete the story. Supply these added... View Answer
Toni Rankin has actually been chosen to handle the neighborhood Little Theater summer play. The theater has actually a maximum capacity of 1,000 patrons. Rankin is trying to identify the price to charge Little Theater members for attendance at this year’s performance of The Producers. She has developed the adhering to... View Answer
Write a python program: Make a variable called stamina, and collection its initial value to 5. Print a message reporting the player"s stamina. Set up a while loop that runs till the player"s strength increases to a worth such as 10. Inside the while loop, print a message that reports the player"s... View Answer
A bakery buys flour in 25- pound bags. The bakery uses 1,215 bags a year. Ordering cost is $ 10 per order. Annual carrying cost is $ 75 per bag. a. Determine the economic order amount. b. What is the average number of bags on hand? c. How many kind of orders per year will tright here be? d.
See more: Elements In The Communication Process Begins With This., Ch 13 Principles Of Management Flashcards
Compute the complete... View Answer
Garden Variety Freduced Shop uses 750 clay pots a month. The pots are purchased at $ 2 each. Annual carrying costs per pot are estimated to be 30 percent of price, and ordering costs are $ 20 per order. The manager has actually been using an order size of 1,500 flower pots. a. What added annual cost is... View Answer
During the first week of February, Gabe Hopen earned $300. Assume that FICA taxes are 7.65 percent...... ... addition to taxes) and that federal and state income tax with holdings are $18 and $6, respectively. Using the indevelopment over, what amount is the examine, net of all deductions, that Gabe... View Answer
The complete fertility rate at time t, dedetailed by F(t), is an estimate of the average number of...... ... of the full fertility price in the United States reflects the fluctuations from 1940 to 1990.(a) Estimate the values of F"(1950), F"(1965, and F"(1987).(b) What are the definitions of these... View Answer
The White Horse Apple Products Company purchases apples from regional growers and makes applesauce...... ... $1.75 per bottle. The firm desires to understand how many kind of devices of each to develop and just how a lot heralding to spend on each to maximize profit.a. Formulate a direct programming version for this... View Answer
Accu Copiers, Inc., sells and services the Accu-500 copying machine. To achieve indevelopment around...... ... for 11 organization calls. Here, x denotes the number of copiers serviced and y denotes the number of minutes compelled to perform business on a business speak to. Construct a scatter plot of y versus x... View Answer
Why is it true, in basic, that a faiattract to adjust expected cash flows for intended inflation biases the calculated NPV downward? View Answer
At a specific place in the Philippines, Earth"s magnetic area of 39?T is horizontal and directed due north. Suppose the net field is zero exactly 8.0 cm over a long, directly, horizontal wire that carries a continuous existing. What are the (a) Magnitude and (b) Direction of the current? View Answer
Questions related to Management Leadership
Management Leadership Questions
Related Publication For SaleOperations Management 12th edition(Purchase / Rent)
Access to 2 Million+ Textbook options Ask any kind of question from 24/7 availableTutors
Already member? Sign In
Access to 1 Textbook solution just
Get assist from Management Leadership Tutors
Ask questions straight from Qualified Online Management Leadership Tutors .
Best for online homework assistance.
Get In Touch