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A-E please show excel equations Lokoffee, a specialty coffeehouse in San Antonio, TX., sells Mexican coffee...
2. A specialty coffee house sells Colombian coffee at a steady rate of 285 pounds per year. The beans are purchased from a local supplier for $3.00 per pound. An estimated $38 are spent in paperwork and labor each time an order is placed for the coffee beans, and holding costs are based on a 20 percent annual interest rate. The lead time for an order to arrive from the supplier is exactly 1 month after it is placed. a....
A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 75 pounds of Kona coffee beans a day. (Demand can be assumed to be distributed normally, with a standard deviation of 15 pounds per day.) After ordering (Fixed cost=$16 per order), beans are always shipped from Hawaii within exactly four days. Per-pound annual holding costs for the beans are $3. a) What is the EOQ for Kona Coffee Beans? b) What...
A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 75 pounds of Kona coffee beans a day. (Demand can be assumed to be distributed normally with a standard deviation of 16 pounds per day). After ordering (fixed cost = $14 per order), beans are always delivered from Hawaii in exactly 4 days. Per-pound annual holding costs for the beans are $3. Refer to the standard normal tableLOADING... for z-values. a)...
Need it done ASAP QUESTION 23 A gourmet coffe shop in downtown San Francisco is open 200 days a year and sells an average of 75 pounds of Kona coffe beans a day. (Demand can be assumed to be distributed normally, with a standard deviation of 15 pounds per day.) After ordering (fixed cost S16 per order), beans are always shipped from Hawai within exactly 4 days. Per pound annual holding costs for the beans are $3, What is the...
A speciality coffee house sells Colombian coffee at a steady rate of 6000 pounds annually. The beans are purchased from a local supplier for $3.00 per pound. The coffee house estimates that it costs them $75 in paperwork and labor to place an order for that coffee. Holding costs are based on a 30% annual rate. Suppose the coffee from the above problem has a shelf life of 1 month. a. How often should orders be placed? b. What quantity...