Chapter 12 – Barbara Flynn
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Safety Stock and Reorder Point.
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Safety Stock and Reorder Point.
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EOQ, Annual Order, and holding cost
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Order how many pounds of oysters each day.
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Classify as ABC items.
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EOQ, avg inventory, number orders, days between orders, costs.
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What is economic order quantity? Which supplier should be used?
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Given the amount of sub-components produced per day and per year, working days, holding cost, and ordering cost…. figure out the economic production quantity, production runs per year, max inventory level, and the holding inventory.
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Given the bath towels used per day, the standard deviation, and the days of lead time necessary… find the reorder point and safety stock necessary.
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Problems 12.01 – 12.03 gives the initial price, dividend paid, and ending share price.
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Given the information on the bond, find your total dollar return, total nominal rate, and the total real rate of return.
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