Business, 07.07.2020 18:01 lucyfox8165

Highland Drugs, Inc. sells a variety of health and beauty aids. A particular shampoo costs Highland $2.75 per bottle. Using a continuous review system, an order quantity of 350 bottles per order is recommended. The store operates 52 weeks per year. Lead time is two weeks and the demand for the product per week can be estimated as normally distributed with a demand of 62 bottles and a standard deviation of 6 bottles. a) What is the reorder point if the company wants to have a 1% risk of stock out? b) How much safety stock does the company hold? c) What is the standard deviation of demand during lead time (sigma_dlt)? d) If the company holds 10 bottles of safety stock, what service level policy would the company be using (e. g. enter 98.2% as 98.2)?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:30

Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions

Answers: 3

Answer

Business, 22.06.2019 08:30

Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors

Answers: 2

Answer

Business, 22.06.2019 16:00

In macroeconomics, to study the aggregate means to study blank

Answers: 1

Answer

Business, 22.06.2019 17:50

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

Answers: 1

Answer

You know the right answer?

Highland Drugs, Inc. sells a variety of health and beauty aids. A particular shampoo costs Highland...

Questions