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 here is
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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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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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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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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? The corrected numbers are much smaller than the scheduled amounts. If Blanchard did produce what they had originally planned‚ they would have a lot of unused inventory. What are the disadvantages of the formal EOQ/ROP system and the actual system used for scheduling bottling runs at Blanchard? Which system do you
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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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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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Causes and effects of importing Eng115 1. Thesis statement The US automotive manufacturer needs to import most of its materials from foreign manufacturers since it creates extensive subsidies in production. Automobile is a competitive business in the United States that requires constant lookout in order to improve supply chain management and cut cost of production. In case this automotive manufacturer wants to extend its profit margin‚ importing most of its raw material
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