Ye’ olde barrel shop sells oak barrels to a local winery. the master cooper would like to reduce her oak lumber inventory by determining the optimal number of oak boards to order. the annual demand averages 30,000 boards and the order cost is $25.00 per order. holding cost is estimated to be 25%. the purchase cost of each board is $18.00. the standard deviation of daily demand is 3 boards. the standard deviation of lead time is 1.0 days. assume 260 days in the year and an average lead time of 2 days. what is the eoq?

Sarah needs to complete financial aid packets. during which school year would she do this? sophomore freshman senior junior

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.