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BUS6790 Inventory Management

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2.At Tires R Us, a retailer of tires, demand for the AAA tire is constant at 32,000 tires per year. The cost of placing an order to replenish stock is $50, and the annual cost of holding is $8 per tire. Each tire costs Tires R US $55 and they retail them for $95. Stock is received 5 working days after an order has been placed. No backorders are allowed. Assume 300 working days per year.
a.What is Tires R Us’ optimal ordering quantity?
b.What is the optimal number of orders per year?
c.What is the optimal interval (in working days) between orders?
d.What is the reorder point?
e.If the AAA tire supplier offers a discount of $1 per tire for orders of 1,000 tires at a time. Is this deal worthwhile?
3.Read the article on Managing Service Inventory to Improve Performance.  Comment on some of the challenges disussed in the paper and how managing service inventory is different from managing product inventory (1-1.5 pages).

BUS6790 Inventory Management

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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MBA202 Operations Management

MBA 2020Introduction to Operations Management Mid-Term Assignment(Fall 2020)Sl. No.Submission TypeTimeline1First Discussion (ppt based)Oct 15, 20202Second Discussion (ppt based)Oct 30, 20203Final Report Submission Via UMS Portal (https://ums.jgu.edu.in)Nov 10, 20204Maximum Marks30 (Thirty)Contents o ...

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ECON2101 Cost Benefit Analysis

Questions: Question Brian is starting a data storage business. He has two sources of servers to store data, used servers from eBay and new servers from Dell. The used servers will cost $1,000 and last two years. Additional used servers can be purchased in future years at the same price. The new se ...

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BSS052-6 Project and Operations Management

Question: Project and Operations Management Demonstrate an in-depth knowledge and critical appreciation of Operations and Project Management tools and techniques for various planning and decisions within Logistics & Supply Chain aspects of organisations. Demonstrate the following skills ...

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JNB325-Port and Terminal Management

Task description and requirements Port Botany is one of the ports managed by NSW Ports. NSW Ports’ go to the website it contains information about Port Botany such as trade, terminals, development and management. Based on information available on this website and other relevant sources, compl ...

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