1

# Crew Soccer Shoes Company is considering a change in its current inventory control system for soccer...

## Question

###### Crew Soccer Shoes Company is considering a change in its current inventory control system for soccer...

Crew Soccer Shoes Company is considering a change in its current inventory control system for soccer shoes. The information regarding the shoes is as follows: Average demand = 200 pairs/week Lead time = 4 weeks Order cost = \$60/order Unit cost = \$16.50 Carrying charge rate = 0.30 Desired service level = 95 percent Standard deviation of weekly demand = 35 Number of weeks per year= 52 The company decides to use a fixed-order-quantity system. What is the economic order quantity? What should be the reorder point to have a 95 percent service level? Use Appendix A to determine z-value. Round z-value to two decimal places. Do not round any other intermediate calculations. Round your answers to the nearest whole number. Economic order quantity: pairs Reorder point: pairs

#### Similar Solved Questions

##### 1 w o Using Abbreviations Translate each phrase or sentence written with abbreviations into a full...
1 w o Using Abbreviations Translate each phrase or sentence written with abbreviations into a full English phrase or sentence sentence or phrase written in English into a sentence or phrase written with abbreviations TIranslation to PT per wic turn Pt. qh Translation 2. In medical record: Dx: RA; R/...
##### 11. Simplify completely a. (3 pts) 85 b. (3 pts) 16 DS c. (3 pts) 252...
11. Simplify completely a. (3 pts) 85 b. (3 pts) 16 DS c. (3 pts) 252 12. (3 pts) Use properties of exponents to simplify completely the expression below. 13. Simplify completely. a. (3 pts) 20y* b. (3 pts) 18...
##### Option #2: LIFO Perpetual vs. LIFO Periodic Below is a record of the purchases and sales...
Option #2: LIFO Perpetual vs. LIFO Periodic Below is a record of the purchases and sales of inventory throughout the first four months. Units Cost/Price Per Unit 1/1/x7 Beginning Balance 100 \$3.50 1/31/x7 Purchase 125 \$4.00 2/15/x7 Purchase 250 \$4.50 2/25/x7 Sale ...
##### -- Moving to another question will save this response. Question of 27 Question 4 points In...
-- Moving to another question will save this response. Question of 27 Question 4 points In the following excerpt, identify which section of an article the excerpt is drawn from diabetes as the outcome and terms for survey "We calculated means or percentages of participant characteristics by surv...
##### Prepare journal entries to record the following production activities. 1. Purchased \$50,000 of raw materials on...
Prepare journal entries to record the following production activities. 1. Purchased \$50,000 of raw materials on credit. 2. Used \$18,000 of direct materials in the Roasting department. 3. Used \$21,500 of indirect materials in production. View transaction list Journal entry worksheet < 1 2 3 Record...
##### ABC Company had the following accounts (among others) in its general ledger at December 31, 20X5:...
ABC Company had the following accounts (among others) in its general ledger at December 31, 20X5: Bonds payable, 8%, due in 5 years.. Premium on bonds payable ....... "Premium" on preferred stock ......! Cash dividend payable on common stock Stock dividend payable on common stock, 10% Sinkin...
##### Your grandparents have been left a substantial amount of money and want to invest in a...
Your grandparents have been left a substantial amount of money and want to invest in a company. Your grandfather trusts you to make a recommendation, but he also wants to see the reasoning behind your choice. You have an idea of which company to choose and you decide to prepare 3 sets of documents f...
##### Describe 2 (two) ways to validate the information sources you referred (15 -30 words each) And  Briefly...
Describe 2 (two) ways to validate the information sources you referred (15 -30 words each) And  Briefly describe four (4) cultural and ethical considerations for research (10-20 words each)...
##### AIDS is a serious epidemic all over the world. Many people in all over the world...
AIDS is a serious epidemic all over the world. Many people in all over the world are suffering because of the AIDS. It is a disease that severely loses cellular immunity, greatly reducing resistance to infections and malignancies. “More than 1.1 million people in the U.S. are living with HIV t...
##### The axle of a small truck is acted upon by the forces and couple shown. Knowing...
The axle of a small truck is acted upon by the forces and couple shown. Knowing that the diameter of the axle is 1.62 in., determine the normal and shearing stresses at point Hlocated on the top of the axle. 10 in. 8 in. 750 lb 3500 lb-in. 750 lb The normal stress is ksi. The shearing stress is ksi...
##### The graph illustrates the distribution of test scores taken by College Algebra students. The maximum possible...
The graph illustrates the distribution of test scores taken by College Algebra students. The maximum possible score on the test was 140, while the mean score was 71 and the standard deviation was 15. 1. What is the approximate percentage of students who scored higher than 101 on the test? 2. What is...
##### What other nursing care should be done when patient is on Pitocin? (examples- bleeding precautions, activity...
What other nursing care should be done when patient is on Pitocin? (examples- bleeding precautions, activity limitations, patient education, dietary modifications, etc)...
##### How do you find the rate determining step from a graph?
How do you find the rate determining step from a graph?...
##### In terms of equipment used, what is the principarl explanation or reason for anomalies (deviation from...
In terms of equipment used, what is the principarl explanation or reason for anomalies (deviation from theory found in your mapped electric field? Identify at least two source of random (statistical errot. Identify at least two sources of systematic error....