# Hamsptonshire Express

Satisfactory Essays
2112 Words
Grammar
Plagiarism
Writing
Score
Hamsptonshire Express
Se ingresa el resultado de la pregunta 1. El cual se resuelve con el siguiente enunciado.

a. Sheen should stock the optimal stocking quantity in this situation, which is 584 newspapers. The expected profit at this stocking quantity is \$331.44. b. Q= µ+Φ-1(Cu/(Cu+C0))δ Q=500+ Φ-1(.8/(.2+.8))100 Q=500+(..7881)(100) Q=579 This is off by 5 newspapers from the model given in the spreadsheet, which results in a \$.03 difference in profits Se ingresa el resultado de la pregunta 1. El cual se resuelve con el siguiente enunciado.

a. Sheen should stock the optimal stocking quantity in this situation, which is 584 newspapers. The expected profit at this stocking quantity is \$331.44. b. Q= µ+Φ-1(Cu/(Cu+C0))δ Q=500+ Φ-1(.8/(.2+.8))100 Q=500+(..7881)(100) Q=579 This is off by 5 newspapers from the model given in the spreadsheet, which results in a \$.03 difference in profits Se ingresa el resultado de la pregunta 1. El cual se resuelve con el siguiente enunciado.

a. Sheen should stock the optimal stocking quantity in this situation, which is 584 newspapers. The expected profit at this stocking quantity is \$331.44. b. Q= µ+Φ-1(Cu/(Cu+C0))δ Q=500+ Φ-1(.8/(.2+.8))100 Q=500+(..7881)(100) Q=579 This is off by 5 newspapers from the model given in the spreadsheet, which results in a \$.03 difference in profits Se ingresa el resultado de la pregunta 1. El cual se resuelve con el siguiente enunciado.

a. Sheen should stock the optimal stocking quantity in this situation, which is 584 newspapers. The expected profit at this stocking quantity is \$331.44. b. Q= µ+Φ-1(Cu/(Cu+C0))δ Q=500+ Φ-1(.8/(.2+.8))100 Q=500+(..7881)(100) Q=579 This is off by 5 newspapers from the model given in the spreadsheet, which results in a \$.03 difference in profits Se ingresa el resultado de la pregunta 1. El cual se resuelve con el siguiente enunciado.

a. Sheen should stock the optimal stocking quantity in this situation, which is 584 newspapers. The expected profit at this stocking quantity is

## You May Also Find These Documents Helpful

• Satisfactory Essays

1.) The Company has determined that it has two alternatives for improving profits: develop new products either rapidly or thoroughly, or consolidate existing products by strengthening products or reaping without investing. On the first branch of the decision tree we know that the decision to develop thoroughly has a probability of 0.4 in a good market and predicted gains of \$500,000. The second State of nature would be a moderate market reaction with a probability of .4 and predicted gains of \$25,000. The third state of nature is a poor market reaction with a probability of .2 with predicted gains of \$1,000. The expected monetary value (EMV) is determined by multiplying the probability in each state of nature by the predicted gains and then adding sums of each state of nature. The EMV (Developing thoroughly) =.4(500,000) +.4(25,000) +.2(1,000) =210,200…

• 398 Words
• 2 Pages
Satisfactory Essays
• Satisfactory Essays

3. Explain the differences in profitability of the five orders calculated by the ABC system…

• 330 Words
• 2 Pages
Satisfactory Essays
• Good Essays

(b) Before trading begins on Day 2 the company announces trial testing of a cure for acne in mice. The quoted bid and ask jump to 110 1/4-1/2. During Day 2 you receive market sell orders for 8,000 shares and buy orders for 2,000 shares. What is your total profit or loss over the two-day period? What is the value of your inventory at the end of Day 2?…

• 1500 Words
• 5 Pages
Good Essays
• Good Essays

Problem 1: Writer’s Edge is a seller of fine fountain pens. The company has found that, in spite of the growth in…

• 2010 Words
• 9 Pages
Good Essays
• Good Essays

1. a. The simulation indicates that 584 is the optimum stocking quantity. Daily profit at this stocking quantity is \$331.4346.…

• 632 Words
• 3 Pages
Good Essays
• Satisfactory Essays

b. Calculate the profit or loss on 12,000 bags and on 25,000 bags. At 12,000 bags the loss would be \$20,000 and at 25,000 bags the profit would be 45,000…

• 355 Words
• 2 Pages
Satisfactory Essays
• Good Essays

b. The company is spending \$500 million to open a new plant and expand operations in China. No profits will be produced by the Chinese operations for 4 years, so earnings will be depressed during the period versus what they should have been had the decision been made not to expand in China.…

• 811 Words
• 4 Pages
Good Essays
• Better Essays

1 Multiple Choice (16 marks) Choose the best answer for each of the following 8 multiple choice questions. Circle your answer directly on the quiz booklet. Only one answer will be accepted for each multiple choice question. There is no penalty for guessing. Each question is worth 2 marks. Question No. 1 Gamble Company has only 25,000 hours of machine time each month to manufacture its two products. Product X has a contribution margin of \$50 per unit, and Product Y has a contribution margin of \$64 per unit. Product X requires 5 hours of machine time, and Product Y requires 8 hours of machine time. If Gamble Company wants to dedicate 80 percent of its available machine time to the product that provides the highest contribution margin per unit of the…

• 1430 Words
• 6 Pages
Better Essays
• Satisfactory Essays

2. Montegut Manufacturing produces a product for which the annual demand is 10,000 units. Production averages 100 per day, while demand is 40 per day. Holding costs are \$1.00 per unit per year; set-up costs \$200.00. If they wish to produce this product in economic batches, what size batch should be used? What is the maximum inventory level? How many order cycles are there per year? How much does management of this good in inventory cost the firm each year?…

• 676 Words
• 3 Pages
Satisfactory Essays
• Better Essays

George’s T-Shirts By Quantitative Analysis for Managers (MANA 6302 - NI) George Lassiter, a project manager for a defensive contract was also an owner for a successful side business of designing and manufacturing T-Shirts for special events for the past six years. He sold the T-Shirts to his vendors for \$100 a dozen, while they sold them for \$10 each making a profit of \$1.67 on each shirt. This report is surrounded by a problem faced by George about decisions concerned about the appropriate number of T-Shirts to be produced for the upcoming rock concert that was proposed in two months from the time of the offer. Initially, he faced two uncertainties. 1. The number of people that would attend the concert was unknown and 2. How many people who attended the concert will actually buy the T-Shirts? Though he knew that the total tickets for the standing area sold were 20,000, he was unsure about the total tickets for seating to be sold. However, the approximate estimate for maximum number of tickets sold is 80,000, medium number of tickets to be sold is 50,000 and least number of tickets sold is 20,000. Irrespective of all the above uncertainties one thing that was certain was that the concert was assumed to be a huge success as per the information that reflected in the case. Therefore this brings George to eliminate the option that very less number of people would attend the show and hence evaluate for medium to high number of people to attend he show. This is when George made approximations about the required number of T-Shirts and the total cost for manufacturing them. He assumed that for 10,000, 7,500, or 5,000 shirts it would cost \$32,125, \$25,250 and \$17,750 approximately. All the figures represented are just rough assumptions made by him.…

• 1070 Words
• 5 Pages
Better Essays
• Good Essays

Fabulous Nut’s accounting department has analyzed the cost of packing materials, sales price, etc. and determined that the contribution to profit is \$1.65 per pound for the Regular Mix, \$2.00 per pound for the Deluxe Mix, and \$2.25 per pound for the Holiday Mix. These figures do not include the costs of the nuts in the mixes, because the cost of nuts can vary greatly in the commodity markets. Because demand is running high this year, it is expected that the Company will receive many more orders than can be satisfied. As of the end of August, the company had already received orders totaling 18,000 pounds. More specifically, firm orders existed for 10,000 pounds of Regular Mix, 3,000 pounds of Deluxe Mix, and 5,000 of Holiday Mix. Fabulous Nut wants to maximize its contribution to profits from the sales of nuts over the coming season. At the same time, the company is committed to honoring the orders it has already accepted. What would you recommend that the company do? In particular: 1. 2. 3. 4. 5.…

• 426 Words
• 2 Pages
Good Essays
• Satisfactory Essays

Econ 173 Assignment 2 1. Your firm is deciding whether to pursue a \$200 R&D project to develop a new drug. You estimate there is a 40% chance of successfully creating the drug, which will generate revenue of \$550. Your competitor has just announced that it is spending 150 to pursue development of a similar drug using a different technology. You estimate that there is a 30% chance your competitor will succeed. If both firms succeed, they will each obtain revenue of 275.…

• 514 Words
• 3 Pages
Satisfactory Essays
• Good Essays

It would be in Julia’s best interest to stock 1,250 slices of pizza, 1, 250 hot dogs and no barbecue sandwiches as it will yield the maximum profit of \$2,250.00…

• 441 Words
• 2 Pages
Good Essays
• Good Essays

| 1b) The value derived in part (a) is consistent with the optimal stocking quantity in the newsvendor model as demonstrated by the calculations below:…

• 1591 Words
• 7 Pages
Good Essays
• Good Essays

1. What is the optimal order quantity that Michelle Peach should use for Dado and for Wedo? What are the resulting expected profits?…

• 567 Words
• 3 Pages
Good Essays