8 AXBABC INVENTORY ANALYSISItemNumberB8867J1252K9667L2425M4554T6334W9856X2215Y3214Y6339fxQuestionUnit Cost ($)65.250.2515.5700.751.5324TotalDAnnualUsage1006,5004,0001,5002,0005008008,0001,0003,500EUsage $% of Total $*must equal 100%11GClassH% of ClassOL

Answered: A B ABC INVENTORY ANALYSIS Item Number…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

The data shown are quarterly revenues (in Sthousands) from Roget's Books from 2013-Q1 through 2020-Q2. 6. Quarter 2013-1 2013-2 2013-3 2013-4 2014-1 2014-2 2014-3 2014-4 2015-1 2015-2 2015-3 2015-4 2016-1 2016-2 2016-3 2016-4 2017-1 2017-2 2017-3 2017-4 Revenue 2372 2740 2518 4708 2392 Quarter 2018-1 2018-2 2018-3 2018-4 2019-1 2019-2 2019-3 2019-4 2020-1 2020-2 Revenue 2725 2924 3118 5112 2777 2949 1:27:04 2811 2685 4795 2812 2893 2848 4894 2687 2903 2674 4871 2844 2933 3237 5350 3035 3028 2791 5252 Click here for the Excel Data File, Data file should open in a new browswer window. Select "File" then "Save As" to download the file to your computer and be able to use it in Excel. a. Determine the regression equation. Regression equation: ŷ = | (Round to 1 decimal places.) b. Determine the specific index for each quarter places.) dexes should be in decimal form (e.g. 1.36 not 136). Rounded to 2 decimal Quarter Quarterly Index Q1 Q2 Q3 Q4 c. What are the estimated sales (forecast) for…
123456789unn3u5167 10 5 6 Variable Cells 18 19 20 21 22 23 24 25 26 27 28 29 30 31 7 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 8 9 10 11 2 11 13 12 14 12 Constraints Name Cell $B$15 demand for A LHS $B$16 total demand LHS 16 17 $B$17 procssing time LHS Cell $C$8 A $D$8 B 15 16 Name Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease 1E+30 250 100 Final Value Price 250 350 600 0 0 Shadow Constraint R.H. Side 0 4 -1 2 3 Q1 what is the range for objective coefficient of A and B? 125 350 600 1 1E+30 Allowable Allowable Increase Decrease Q4) if the objective coefficient of A goes up to 5 dollars what will happen? Q2 assume that the final value of B is 0 and the reduced cost of B is 1; explain the situation ? Q5 If the objective coefficient of B goes up to 8 dollars what will happen? Q6) if the obj coeff of A goes down to -5 dollars what does that mean? 125 125 100 1 Q3 if the objective coefficient of A goes down to 1 dollar and objective coefficient of B…
Find the Given Payoff table and use Minimax regret to evaluate best decisions. Demand Moderate 22 27 21 Decision Small Warehouse Medium -1 Warehouse Large Warehouse -5 Medium Warehouse Data inadequate Small Warehouse Low 24 Large Warehouse High 23 33 39
Demand(box) 10 11 12 13 14 15 and and more less Possibility 0.1 0.18 0.26 0.24 0.12 0.1 A business that will open a gift shop in Los Angeles is considering making and selling love- themed magnets. It is thought that it will not be possible to order new magnets during the fair period, and magnets that are not sold during the fair period will not be sold later. A box of magnets costs the business $100 and generates $460 from its sale. The table includes predictions about demand probabilities. a-) What is the overstocking cost of the business in dollars/box? b-) How many dollars/box is the missing stocking cost?
11.4 Given the following data, calculate the average demand and the standard deviation. Period 1 2 3 st 4 5 67 8 9 10 Total Actual Demand 1700 2100 1900 2200 2000 1800 2100 2300 2100 1800 Deviation Deviation Squared
Calculate customer life time value for the data below. (Show Work) Purchase Occasion Transition Probability Average Basket Size 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 ΝΑ 55% 75% 78% 83% 81% 81% 86% 82% 85% 90% 93% 85% 89% 85% 91% 97% 97% 96% 85% 83% 89% 82% 79% 82% 89% 88% 86% 67% 75% $46.71 $56.71 $57.93 $56.87 $58.26 $66.90 $63.62 $70.27 $63.03 $62.60 $71.81 $76.76 $78.14 $65.65 $74.84 $81.11 $72.08 $87.30 $71.94 $75.44 $70.35 $72.86 $66.68 $79.90 $93.91 $61.08 $94.16 $100.40 $77.89 $99.70
Explain what is applroach used in manufacturing for QA?
Q#3 · Let p + 3q/2 = 27 be an equation involving two variables p (price) and q (quantity). Indicate the meaningful domain and range of this function when (a) the price (b) the quality are considered independent variables.
A B C 20 12345690022===≈ Year Quarter Revenue 2010 1 7,131.00 2010 2 6,566.00 2010 3 7,560.00 2010 4 12,947.00 2011 1 9,857.00 7 2011 2 9,913.00 8 2011 3 10,876.00 2011 4 17,431.00 10 2012 1 13,185.00 11 2012 2 12,834.00 12 2012 3 13,806.00 13 2012 4 21,268.00 14 2013 1 16,070.00 15 2013 2 15,704.00 16 2013 3 17,091.00 17 2013 4 25,587.00 18 2014 1 19,741.00 19 2014 2 19,340.00 20 2014 3 20,578.00 21 2014 4 29,329.00 22 2015 1 22,717.00 23 2015 2 23,184.00 24 2015 3 25,358.00 25 2015 4 35,747.00 26 2016 1 29,128.00 27 2016 2 30,404.00 28 2016 3 32,714.00 29 2016 4 43,741.00 30 2017 1 35,714.00 31 2017 2 37,955.00 32 2017 3 43,744.00 33 2017 4 60,453.00 34 2018 1 51,042.00 35 2018 2 52,886.00 36 2018 3 56,576.00 37 2018 4 72,383.00 38 2019 1 59,700.00 39 2019 2 63,404.00 40 2019 3 69,982.00 41 2019 4 87,436.00 42 2020 1 75,452.00 43 2020 2 88,912.00 44 2020 3 96,145.00 45 2020 4 125,555.00
General ledger of Su Mari Traders Debtors Control 2020 30? 2020 CRJ DAJ Sundry accounts (Journal credits) GJ 1Balance b/d 51 000,00 Jun 42 000,00 Jun 13 800 30 Sales 8 000,00 Bank CPJ 2 400,00 12 200,00 Sundry accounts Ljournal debits) ? 1 600,00 Balance 1. Calculate the balance carried down to July 2020 2. Provide possible explanation for the R8000 on the credit side 3. Provide possible explanation for the R2400 on the debit side 4. Give a reason for the entry of R12 200 on the credit side 5. Should the business worry about the control over their debtors this month
Required: A. What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit?B. Calculate all the required variances and present the variance analysis report.
2. Perform an ABC analysis for the data provided. Clearly explain why you classified items as A, B, or C. Annual Unit Item Usage 2400 Cost $19.51 $32.60 $10.20 $6.80 2 6200 3 8500 4 3200 6000 $4.50 $55.70 $3.60 $44.90 $35.62 750 7 8200 8 9000 5800 10 820 $82.60 $40.50 11 500 12 2000 $15.40 $14.60 $35.80 13 2400 14 6300 15 4750 $17.30 2700 $51.75 $42.90 $25.30 16 17 1600 18 1350 19 5000 $67.00 20 1000 $125.00

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS

A B ABC INVENTORY ANALYSIS Item Number B8867 J1252 K9667 L2425 M4554 T6334 W9856 X2215 Y3214 Y6339 Unit Cost ($) 6 5.25 0.25 5.5 70 0.75 1.5 32 4 Total D Annual Usage 100 6,500 4,000 1,500 2,000 500 800 8,000 1,000 3,500 E Usage $ % of Total $ *must equal 100% G Class H % of Class