Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. Problem 6The planned weekly demand for new components from a German manufacturer is 5,000 units. Thestandard deviation is unknown, one estimate is 100 units per week (very stable demand), the other 1,000units per week (very volatile demand). The weight and cost per unit is 2lbs and $10 respectively. Theholding cost rate is 30% and the TSL = 99.5% (Z = 2.576). Assume operations take place 52 weeks peryear. Assume 2 weeks of production/prep lead time with a standard deviation of 0 days; ordering costsare $1,000 per order. In both cases, the shipping quantity will be 20,000 units (a container load).●GMX. Transit time is 4 weeks, standard deviation of 1 week. The rate per CL is $3,200.NHK. Transit time is 4 weeks, standard deviation of 0.5 weeks. The rate per CL is $4,600.What is the recommendation for each of the two values for the standard deviation?

Weekly demand = 5000 unitsCost per unit = $10Holding cost rate = 30%Target Service Level (TSL) =…

Answered: The planned weekly demand for new…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,220 February 4,320 March 4,020 April 4,420 May 5,020 June 4,720 July 5,320 August 4,920 September 5,420 October 5,720 November 6,320 December 6,020 Using linear regression analysis, what would you estimate demand to be for each month next year? (Round two decimal places) To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units…
Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January February 4,100 4,200 March 3,900 April 4,300 May 4,900 June 4,600 July 5,200 August 4,800 September 5,300 October 5,600 November 6,200 December 5,900
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Ex2: Find the expected demand for 2020. a = 0.6 (picture)
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Problem #1 Divan Incorporated sells preassembled furniture. Divan Inc buys module materials from its suppliers, who has now offered Divan a discount of $2 off all units if Divan will make a purchase greater than 500 or $5.00 off if the firm will make a purchase of at least 750 units. Current data for the company is: annual demand is 20,000 units per year; setup costs are $50, and I = 20% per year. Original price is $30 (e.g. if Divan purchases between 500 and 749, the price is $28, and if Divan purchases more than 750 units, the price is $25). (a) What are the annual setup costs? (b) What are the annual holding costs? (c) What is the annual total costs?
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