Vlookup model Reorder Point 15 Order Order Carrying Shortage Quantity Cost/order Cost/unit Cost/unit 26 500 10...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/6659143dcb373_9176659143d49ffc.jpg)
Transcribed Image Text:
Vlookup model Reorder Point 15 Order Order Carrying Shortage Quantity Cost/order Cost/unit Cost/unit 26 500 10 50 Demand 0.20 Cumulative (x) Prob(x) Probability. 14.00 Cumlulative Prob Demand 0.20 0.00 14.00 15.00 0.40 0.60 0.20 15.00 Mean Inventory Cost 200.00 16.00 0.20 0.80 0.60 16.00 17.00 0.10 0.90 0.80 17.00 18.00 0.10 1.00 0.90 18.00 LEADTIME = 2 weeks Week Beginning Order Inventory Random Number Inventory Receipt Level 1 34 34 Ending Place Order Carrying Shortage Total 0 Number 0.01 Demand 14.0 Inventory Order 20.0 NO Cost 0.0 Cost 200.0 Cost 0.00 Cost 200.00 234567890 0 0.20 0.90 0.80 0.95 0.47 0.67 0.90 0.41 10 0.19 FOR n=10 Weeks Standard Vlookup model Reorder Point 15 Order Order Carrying Shortage Quantity Cost/order Cost/unit Cost/unit 26 500 10 50 Demand 0.20 Cumulative (x) Prob(x) Probability. 14.00 Cumlulative Prob Demand 0.20 0.00 14.00 15.00 0.40 0.60 0.20 15.00 Mean Inventory Cost 200.00 16.00 0.20 0.80 0.60 16.00 17.00 0.10 0.90 0.80 17.00 18.00 0.10 1.00 0.90 18.00 LEADTIME = 2 weeks Week Beginning Order Inventory Random Number Inventory Receipt Level 1 34 34 Ending Place Order Carrying Shortage Total 0 Number 0.01 Demand 14.0 Inventory Order 20.0 NO Cost 0.0 Cost 200.0 Cost 0.00 Cost 200.00 234567890 0 0.20 0.90 0.80 0.95 0.47 0.67 0.90 0.41 10 0.19 FOR n=10 Weeks Standard
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Explain the principles of profit sensitivity analysis and how it can aid managers.
-
Troy Company prepares monthly budgets. The current budget plans for a September ending inventory of 38,000 units. Company policy is to end each month with merchandise inventory equal to a specified...
-
Shotz Corporation sells three products: J, K, and L. The following information was taken from a recent budget: J K L Unit sales 75,000 195,000 30,000 Selling price $ 80 $ 70 $ 97 Variable cost 50 54...
-
Manitoba Dairy, maker of specialty cheeses, produces a soft cheese from the milk of Holstein cows raised on a special corn-based diet. One kilogram of soft cheese, which has a contribution margin of...
-
The Finlandia Paper Company presently sells large rolls of paper weighing 2,000 kilograms to wholesalers for 1,000 apiece. The wholesalers cut the paper into letterset paper and package the paper in...
-
A lawn and garden store has two types of lawn tractors for sale. Tractor A sells for 5,000 and costs 3,000 to purchase. Tractor B sells for 4,000 and costs 1,500 to purchase. The fixed costs of...
-
A hair salon currently provides haircuts for women. It is considering the possibility of offering manicures as an additional service. The salon plans to charge 10 for a manicure with half the amount...
-
Marine Company has \($600,000\) in fixed costs. A product that sells for \($50\) is a candidate for being dropped from the product mix. The variable cost of the product is \($40.\) The company...
-
Multiplex store sells televisions for \($2,000\) and home theater systems for \($5,000.\) The variable costs of televisions and home theater systems are \($1,200\) and \($3,000,\) respectively. The...
-
Financial information at 30 June 2020 of Great Ltd and its subsidiary company, Wall Ltd, is shown below. At 1 July 2017, the date Great Ltd acquired its 80% shareholding in Wall Ltd, all the...
-
Using ficts in this chapter for Instruments du Rhone, assume the exchange rate on January 2. 2002, in Fxhibit 8.4 is \(\$ 0.9918\) / rather than \(\$ 1.0000\) / Recalculate Instruments du Rhone's...
-
Merck Pharmaceutical is a MNE with an enormous operating exposure problem. Merck does all of its product research and development and manufacturing in the United States. Because of the capital and...
-
Exhibits 8.7 and 8.8 in this chapter combine to create the consolidated balance sheet for Jefferson Controls, Inc. Instead of the rates used in the chapter, assume current rates are as reflected in...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App