Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 08, 2024

An electronics manufacturer has the choice between ordering supplies from GoodElect Inc., which has double the fixed cost of ordering and half the lead time

An electronics manufacturer has the choice between ordering supplies from GoodElect Inc., which has double the fixed cost of ordering and half the lead time compared to another supplier, SmartAlec Inc. Which of the following statement are true?

The optimal cost of holding Inventory is the same for both choices of suppliers.

The safety stock when choosing SmartAlec. Inc is approximately one and a half times what is required when the firm chooses GoodElect Inc.

On Average, inventory is ordered twice as frequently when supplying from GoodElect Inc.

None of the Above.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Management

Authors: Andrew J. DuBrin

9th Edition

538478233, 2900538478235, 978-0538478236

More Books

Students also viewed these General Management questions

Question

★★★★★

Determine the reactions at A and B when (a) = 0, (b) = 90, (c) = 30. 75 lb 10 in 0 in (C 12 in.

Answered: 1 week ago

Question

★★★★★

Your organization is in the unfortunate position of having to cut its costs because sales and profits have reduced significantly during a period of difficult economic trading conditions. The senior...

Answered: 1 week ago

Question

★★★★★

11. Suppose that the ingredients required to bring a slice of pizza to market and their respective costs are as listed in the table: Paper plate 2 cents Flour 8 cents Tomato sauce 20 cents Cheese 30...

Answered: 1 week ago

Question

★★★★★

You need to estimate the value of Laputa Aviation. You have the following forecasts (in millions of dollars) of its profits and of its future investments in new plant and working capital: From year 5...

Answered: 1 week ago

Question

★★★★★

The Nordstrom company strategically sends out messages about why its customer service is superior to its competitors customer service. What marketing concept is the Nordstrom company employing?

Answered: 1 week ago

Question

★★★★★

Please I need help with this assignment and it's due by 4/17/2018 by 10PM EST ? Chapter 5, Section 1, Exercise 015 (a) Find the area above 66 for a N (60, 10) distribution. Round your answer to three...

Answered: 1 week ago

Question

★★★★★

P1. Figure 6.16 shows a mechanism that tips the bed of a dump truck. Determine the required speed of the hydraulic cylinder in order to tip the truck at a rate of 5 rad/min. Please answer the problem...

Answered: 1 week ago

Question

★★★★★

3) Betty Kulman Manufacturing Company Adjusted Trial Balance 31.12.2016. Balance Debit Credit Accounts Cash 525.000 Acc.Receivables Inventory Land $35.000 58.000 $115.000 Prepaid Rent Expense $10.900...

Answered: 1 week ago

Question

★★★★★

Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] Ramort Company reports the following for its...

Answered: 1 week ago

Question

★★★★★

Tamarisk Company is well known for its high-quality men's shoes. It manufactures all of its products in regional facilities throughout North America, trying to source DM locally when possible....

Answered: 1 week ago

Question

★★★★★

Garden Sales, Incorporated, sells garden supplies. Management is planning its cash needs for the second quarter. The company usually has to borrow money during this quarter to support peak sales of...

Answered: 1 week ago

Previous Question Next Question