Business, 26.06.2020 22:01 markmeinberg

Croma is an Indian retail chain for consumer electronics. The company currently has 25 stores located in major metropoli tan areas. Weekly demand for smartphones at each store is normally distributed, with a mean of 300 and a standard devi- ation of 300. The supplier currently takes four weeks to fulfill a replenishment order, which is placed separately by each store. Croma is targeting a CSL of 95 percent and monitors its inventory continuously. How much safety inventory of smartphones should Croma carry at each retail store? Croma is considering moving smartphones to the online channel, where they would be stocked in a single national warehouse. Assume that Croma can move smartphones to the online channel without losing demand (the online demand is a sum of demand at each retail store). How much saving in safety inventory can Croma expect from going online if demand across stores is independent? How much saving in safety inventory can Croma expect from going online if demand across stores has a correlation coefficient of rho 0.5?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 08:20

How much does a neurosurgeon can make most in canada? give me answer in candian dollar

Answers: 1

Answer

Business, 22.06.2019 16:20

Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000

Answers: 1

Answer

Business, 22.06.2019 20:30

What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.

Answers: 1

Answer

Business, 22.06.2019 21:30

Which of the following best explains why online retail companies have an advantage over regular stores? a. their employees make less money because they mostly perform unskilled tasks. b. they are able to keep distribution costs low by negotiating deals with shipping companies. c. their transactions require expensive state-of-the-art technological devices. d. they have a larger number of potential customers because people anywhere can buy from them.

Answers: 1

Answer

You know the right answer?

Croma is an Indian retail chain for consumer electronics. The company currently has 25 stores locate...

Questions