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Answer Question 5 A and b please loosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an
Answer Question 5 A and b please
loosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 100 units per hour. In the nonth of July, the company operated the production line for a total of 175 hours and produced 16,900 units of output. What was its capacity utilization rate for the month? . Now the production shop will produce a new product and need to order the new part. Demand for an item is 1,000 units per year. Each order placed costs $10; the annual cost to carry items in inventory is $2 each. In what quantities should the item be ordered? Selected Answer: OPM FINAL QUESTION 5.xisx Attach File QUESTION 6 Bob's Department Store would like to develop an inventory ordering policy with a 95 percent probability of not stocking out. To illustrate your recommended procedure, use as an example the ordering policy for white percale sheets. Demand for white percale sheets is 4,000 per year. The store is open 365 days per year. Every two weeks (14 days) inventory is counted and a new order is placed. It takes 10 days for the sheets to be delivered. Standard deviation of demand for the sheets is 4 per day. There are currently 150 sheets on-hand. How many sheets should you order? Selected Answer. OPM FINAL Q \# 6 .xisxStep by Step Solution
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