Eight Flags operates several amusement parks in the Midwest. The company stocks machine oil to service the
Question:
Which supplier and which shipping quantity will provide the lowest costs for EightFlags?
StocksStocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
Transcribed Image Text:
Annual Freight Costs Shipping Quantity Supplier 5,000 10,000 15,000 Price/Unit Annual Holding Cost/Unit Lead Time (wks) Annual Administrative Cost Sharps $5,000 $2,600 $2,000 $4.00 Winkler $5,500 $3,200 $2,900 $3.80 $0.80 $0.76 $4,000 $5,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
Eight Flags We apply the equation for total annual cost anal...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
Question Posted:
Students also viewed these Management Leadership questions
-
The operations manager is unsatisfied with the current sampling plan. He changes it to samples of size 2 every half hour. What is the average number of units produced until the chart indicates that...
-
1. A company work 50 weeks a year and stores electric motors. Your weekly demand is 20 units a week, the cost per unit is $ 2,500, ordering costs are $ 50 and are carrying cost $ 660 unit per year....
-
Most amusement parks in the United States charge a fixed price for admission, which includes unlimited roller coaster rides for the day. Some people attempt to ride the roller coasters as often as...
-
A long cylindrical wood log (k = 0.17 W/mK and = 1.28 10 -7 m 2 /s) is 10 cm in diameter and is initially at a uniform temperature of 15C. It is exposed to hot gases at 550C in a fireplace with a...
-
The cost of building a supermarket is related to the total area of the building. Data for the last 10 supermarkets built for Regork, Inc., are shown in the accompanying table. a. Develop a CER for...
-
From the book: Business Ethics Reading and Cases in Corporate Morality 2) Give an example of an inequality of power in society that is to everyone's advantage. (make it clear what the inequality is,...
-
Identify the usual sequence of manufacturing activities by filling in the blank (1, 2 or 3) corresponding to its order: _______. Production activities: _________sales activities;________ materials...
-
Dr. Switzer has a seriously ill patient but has had trouble diagnosing the specific cause of the illness. The doctor now has narrowed the cause down to two alternatives: disease A or disease B. Based...
-
Escenario que has heredado$ 5 0 , 0 0 0 y est n considerando varias opciones de inversi n durante un per odo de 1 0 a os . Durante este per odo , se espera que cambien las tasas de inter s y las...
-
The following table summarizes the operating results for Bene Petits first year of operations: Bene Petit First year operating data: Single (1 serving) Dual (2 servings) Family (4 servings) Total...
-
Horizon Cellular manufactures cell phones for exclusive use in its communication network. Management must select a circuit board supplier for a new phone soon to be introduced to the market. The...
-
The Bennet Company purchases one of its essential raw materials from three suppliers. Rennets current policy is so distribute purchases equally among the three. The owners son, Benjamin Rennet, just...
-
The file syc.dat, used in Example 7.7 contains other information from the 1987 Survey ofYouth in Custody. Draw a histogram, using the weights, for the age of the youth at first arrest. What is the...
-
Complete the "Leadership Vision Questionnaire" in Chapter 7 (p176). Reflect on your results and complete the following prompts: Share the results from your questionnaire. Be sure to include the final...
-
1. Prepare el Presupuesto Operacional hasta completar el COGS (70 puntos) La empresa ACCO 295 tiene una venta proyectada de $450,000 Cada unidad se vende $450 Su inventario inicial 300 (costo $125)...
-
Continuing Case 65. Retirement Income Forecast Jamie Lee and Ross, now 57 and still very active, have plenty of time on their hands now that the triplets are away at college. They both realized that...
-
The partnership of Frick, Wilson, and Clarke has elected to cease all operations and liquidate its business property. A balance sheet drawn up at this time shows the following account balances: Cash...
-
Harry and Sally went to a large hardware store and told the salesperson they wanted the cheapest rotating clothesline in stock, provided it would bear a heavy load of washing. The salesperson assured...
-
Describe techniques that Fox Lake could use to encourage wedding parties to contribute their social capital to Fox Lake. On the surface, Fox Lake appears to be the primary beneficiary of such a...
-
3.16. For a system with non-identical service rates (see Sect. 3.5) and a limit of N jobs in the system (Eq. 3.13), obtain an expression for the mean service time per job, E[Ts], as a function of the...
-
Identify the methods available for managing a product mix.
-
1. Explain the challenge Elizabeth faced in meeting her capacity needs. What should she have considered before moving into the larger facility? 2. What is wrong with the proposal made by the team of...
-
1. Explain the challenge Elizabeth faced in meeting her capacity needs. What should she have considered before moving into the larger facility? 2. What is wrong with the proposal made by the team of...
-
1. Identify the operations management problems that Dr. Barr is having at the clinic. 2. How would you define the service bundle currently being offered? How is this different from the initial...
-
Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Required: Complete the Production Department's Flexible Budget Performance Report....
-
Problem 1 5 - 5 ( Algo ) Lessee; operating lease; advance payment; leasehold improvement [ L 0 1 5 - 4 ] On January 1 , 2 0 2 4 , Winn Heat Transfer leased office space under a three - year operating...
-
Zafra and Stephanie formed an equal profit- sharing O&S Partnership during the current year, with Zafra contributing $100,000 in cash and Stephanie contributing land (basis of $60,000, fair market...
Study smarter with the SolutionInn App