An item has a fixed cost of replenishment of $800, a value of $30, a holding costof 20% of cost, a monthly demand that is normally distributed with a mean of 500 and astandard deviation of 100, and a lead time that is normally distributed with a mean andstandard deviation of 2 weeks. A service level of 95% is desired.

Required:
a. Determine the EOQ.
b. Determine the necessary reorder point and safety stock to achieve a 90 percent service level.

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $