1. A233 parts Weekly demand=32‚LT=1 week‚Price=$18/unit‚Ordering cost=$16/unit Demand per year=32x52=1664 *D=demand‚Q=quantity‚Oc=Ordering cost‚P=Price. EOQ=>Ordering cost= Carrying cost=>(D/Q) x Oc=(Q/2) x P x 23%=>1664/Qx16=(Q/2) x 18 x 23%=>114 A) When Q=EOQ=114‚ Ordering cost=1664/114x16=$233.54 Carrying cost=(114/2) x18 x23%=$235.98 Therefore total cost= Ordering cost + Carrying cost=234+236=$469.52 B) When Q= 64‚ Ordering cost = 1664/64x16=$416 Carrying cost
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to Zara’s garment finishing and packing facilities. Thus‚ what takes months for other companies‚ takes no more than a few days for Zara. Clothing items are wrapped in plastic and transported on conveyor belts to a group of giant warehouses. Ware houses Zara’s warehouses are a vision of modern automation as swift and efficient as any automotive or customer electronics plant. The computerized system sorts‚ packs‚ labels‚ and allocate clothing items to every one of Zara’s 1‚495 stores. Stores For
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storage‚ and processing facilities help supply chains create time and place utility. True/False 3. Sortation refers a type of conveyer equipment. True/False 4. Organizations may benefit substantially from the establishment of one or several warehouses to reduce transportation costs. True/False 5. A common fulfillment strategy of many firms is to use the normal distribution network for most items including their low-velocity items. True/False 6. One of the primary tradeoffs at the facility
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they must be transported as fast as possible. c)inventory control‚ materials handling‚ warehousing‚ We cannot store macaroons‚ because they are perishable at the end of 48h. After their manufacture‚ the macaroons are stored 48 hours in a warehouse to let them put back and stabilize the product. They are not already in an individual plastic box‚ but in a limp isothermal out of polystyrene. d) protective packaging To transport macaroons‚ the limp isothermal out of polystyrene maintain
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inventory | 2. What’s the solution? [list] 1. Integrated IT system through all of the stores creating a standardized system for financial‚ merchandising‚ and restaurant operations 2. Build a central data warehouse and inventory management system and a uniform accounting system 3. Connect all of the stores to the headquarters with an updated networking 4. Train the employees on the new systems so it will run effectively 3. What’s the role of
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JUST IN TIME PHILOSOPHY A philosophy for maintaining a competitive advantage based on the concept of continuous improvement and elimination of waste. Just-in-time is a management philosophy that originated and was applied in manufacturing organizations in Japan since the early 1970’s. In its early stages‚ JIT was utilized as a means to meet customer demand and minimize delays. The emphasis of JIT referred to a process where the production of goods met customer needs for quality and
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Laura Ashley and Federal Express Strategic Alliance Laura and Bernard Ashley began their global presence on their kitchen table in London in 1953 printing textiles hoping for a lifetime in the retail world. Growing to become a famous designer of woman’s affluent clothing ‚ fabrics and home furnishings‚ their style was that of the English rural life and quality to the consumer. The company’s competitive edge was strong as they focused on the needs of women with good tastes‚ yet still had
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customers in more dimensions in order to be sustainable. 2. As mentioned in the case‚ inbound logistics is not well coordinated. Arriving of suppliers’ trucks is not schedule evenly. It results in up and down on the traffic in front of Zappos’ warehouse‚ reducing efficiency. In addition‚ less-than-truck-load from suppliers is also not economical. Zappos could achieve more cost saving if it arranges its own trucks to pick up products from different suppliers‚ since the trucks could combine separate
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Table Content 1. Introduction 1 2. ???? 1 2.1 ???? 1 2.2 ???? 1 2.3 ????? 2 2.4 ????? 2 3. ????? 3 4. ????? 5 5. ????? 6 6. Conclusion 7 7. ????? 7 Reference 9 Appendix 10 1. Introduction Aldi‚ the famous discount retailer has gone a long and successful way over the years. The company remember the time when the market was welcomed for newcomers but also times when the market was under pressure. Nowadays the market is not pressured but different‚ digitalized‚ abstract. Eventually the time
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Recruitment Management System Establishment Management System Security Management System Phase III Payroll Management System Online Monthly Expenditure Statement Financial Accounting Management System Purchase Management System Inventory Management System Warehouse Management System Eligibility Criteria i. The bidder must be a Company registered under the Indian Companies Act‚ 1956 and who have their registered offices in India and should have been in existence for a period of at least 07 years as on
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