Blanchard Importing and Distributing Co.‚ Inc Question 1: EOQ/ROP Calculations Multi period Inventory System: Fixed-Order Quantity Model (EOQ/ROP) Assumptions: Demand for products is constant‚ however safety stock added as precaution to stock outs. Probability of not stocking out is 95% Lead time is constant Price per unit is constant Inventory holding cost is based on average inventory and storage costs for safety stock Setup costs are constant All demands for product will be satisfied
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Managing Business Operations Case Analysis: Blanchard Importing and Distributing Co. Inc. (HBS Case 9 - 673 - 033) Submitted by: Tushar Kothavale (130) NMIMS‚ FT MBA 2009-2011 1) Correct the Economic Order Quantity (EOQ) and Reorder point (ROP) quantities for each of the five items mentioned in the case. We first predict the annual demand for the year 1972 based on trend for 4 months of 1972 based on corresponding months of 1971. Calculations for Annual demand (R): The assumption made here is
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Group Case Assignment V Blanchard Importing and Distributing Co.‚ Inc. Read the course pack item “Blanchard Importing and Distributing Co.‚ Inc.” and answer the following questions: 1. Correct the EOQ and ROP quantities for each of the five items mentioned in the case. How do the corrected figures compare with the quantities calculated in 1969 and with production volumes scheduled for the June 1972 bottling run? Please follow the scheme below to answer this question: a. Investigate the original
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Managing Business Operations Case Analysis: Blanchard Importing and Distributing Co. Inc. (HBS Case 9 - 673 - 033) Submitted by: Tushar Kothavale (130) NMIMS‚ FT MBA 2009-2011 1) Correct the Economic Order Quantity (EOQ) and Reorder point (ROP) quantities for each of the five items mentioned in the case. We first predict the annual demand for the year 1972 based on trend for 4 months of 1972 based on corresponding months of 1971. Calculations for Annual demand (R): The assumption made
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Westchester Distributing In the case‚ the obvious issue was Westchester Distributing’s internal controls‚ but less obvious and just important were the company owner’s span of attention‚ tone at the top‚ and the incentives/focus management put on outputs. As a result of the company’s high growth from 20 employees to 60 employees within eight year‚ internal controls had not been given attention. With this said‚ simple controls should have been put in place as the company reached growth goals. One control
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9-673-033 Blanchard Importing and Distribution Co.‚ Inc. HBSP 12pp. Teaching Note AvailableAnnotation - Illustration of the two main types of errors resulting from use of the economic order quantity (EOQ) as a tool in productionscheduling. Designed to permit class discussion to begin with a consideration of one common type of mistake‚ errors in calculation of the EOQ volume resulting from use of incorrect data for the input parameters of the formula. The analysis can then shift to a more general
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Introduction In the course of Operations Management was given to us a Harvard Business case study‚ “Blanchard Importing and Distributing Co.‚ Inc”. The company is a liquor distributer and bottler which‚ is struggling with inventory management problems. The aim of our work is to help the trainee‚ Hank Hatch‚ analyzing the company’s scheduling system and present recommendations with the purpose of solving problems intrinsically related with Inventory management. Firstly‚ we are going to
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SHIPPING TEXTILE SAMPLES NPG Procedures Manual - Customs Compliance Requirements\ Importing Textile Samples Rev. 1/2010 Confidential 1 GARMENT AND FABRIC SAMPLE SHIPMENTS GARMENT SAMPLE SHIPMENTS There are two ways to import garment samples into the US: 1. Non-mutilated Samples: Garment is not marked or mutilated . 2. Mutilated Samples: Garment is stamped “SAMPLE” on the outside or the garment has been cut/torn. 1. NON-MUTILATED GARMENT SAMPLES The invoice must include a complete description
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Marybeth Roe was born on September 11‚ 1942‚ in Duaneburg‚ New York. She was an average student at Duanesburgh High School and after graduation she worked at various jobs until she settled in as a nursing assistant at Ellis Hospital in Schenectady‚ New York. In 1963‚ at the age of 21‚ Marybeth met Joe Tinning on a blind date. Joe worked for General Electric as did Marybeth’s father. He had a quiet disposition and was easy going. The two dated for several months and married in 1965. Marybeth Tinning
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Westchester Distributing‚ Inc. October 3‚ 2012. A couple of employees from Westchester Distributing are accused of bribing a customer with $2 per case kickbacks in exchange for purchasing 100 cases of slow moving beer. Vincent Patton is faced with the challenge of making a decision based on ethics or company profitability. If Mr. Patton decides to fire all three employees‚ the company will not be able to run at full capacity. On the other hand‚ if he decides to ignore the situation‚ he will
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