April 18, 2014

Homework Help: math

Posted by Candace on Tuesday, July 17, 2012 at 9:52am.

A sporting goods company has a distribution center that maintains inventory of fishing rods. The fishing rods have the following demand, lead time, and cost characteristics:
Average demand = 95 units per day, with a standard deviation of 18 units
Average lead time = 14 days with a standard deviation of 2 days
250 days per year
Unit cost = $30
Desired service level = 95%
Ordering cost = $55
Inventory carrying cost = 20%

What is the???
Annual ordering cost
Annual inventory carrying cost
Annual product cost
Total cost
Average cycle stock
Average inventory

Answer this Question

First Name:
School Subject:

Related Questions

Statistics - is the standard deviation a measure of the center or distribution...
Accounting1 - ethical issue - Gorries Bearing Company makes all sales of ...
Law/421 - If goods are damaged at the time of arrival and the company sold the ...
Anthropology - Redistribution involves: (Points : 1) the exchange of goods ...
accounting - Neer Department Store uses the retail inventory method to estimate ...
math - alright.. this is the linear programming question i got.. JJ ...
math - Eddings Company had a beginning inventory of 400 units of Product XNA at ...
Marketing - D) Explain why distribution frequenly purchased goods like Mars bars...
multiple choice / define - A transfer price is the: A. price for which a company...
maths linear programming - alright.. this is the question i got.. JJ ...