Karen Goines Indiana Wesleyan University ADM 534 WS 4

Results
Tutor - Number of Containers

Karen Goines Indiana Wesleyan University ADM 534 WS 4

Results
Tutor - Number of Containers

1. Start by entering values for the five variables needed for the container calculation: Daily Expected Demand Quantity in Standard Container Container Waiting Time (days) Processing Time (days) Policy Variable 2. To calculate the number of containers, (a) multiply daily demand by the sum of waiting time and processing time and multiply that by 1 plus the policy variable, and (b) divide this result by the capacity of one container: Containers Required

rs

500 20 0.2 1.8 5%

53

A.

B.

Policy Variable

2. To calculate the number of containers, (a) multiply daily demand by the sum of waiting t time and multiply that by 1 plus the policy variable, and (b) divide this result by the capacit Containers Required

Karen Goines Indiana Wesleyan University ADM 554 WS4 Results Tutor - Number of Containers

1. Start by entering values for the five variables needed for the container calculation: Daily Expected Demand Quantity in Standard Container Container Waiting Time (days) Processing Time (days) Policy Variable 2. To calculate the number of containers, (a) multiply daily demand by the sum of waiting time and processing time and multiply that by 1 plus the policy variable, and (b) divide this result by the capacity of one container: Containers Required

Tutor - Number of Containers

1. Start by entering values for the five variables needed for the container calculation: Daily Expected Demand Quantity in Standard Container Container Waiting Time (days) Processing Time (days) Policy Variable 2. To calculate the number of containers, (a) multiply daily demand by the sum of waiting time and processing time and multiply that by 1 plus the policy variable, and (b) divide this result by the capacity of one container: Containers Required

2400 80 0.09 0.06 3%

1600 50 0.14 0.2 2%

11

Results Tutor - Number of Containers

1. Start by entering values for the five variables needed for the container calculation: Daily Expected Demand Quantity in Standard Container Container Waiting Time (days) Processing Time (days) Policy Variable 2. To calculate the number of containers, (a) multiply daily demand by the sum of waiting time and processing time and multiply that by 1 plus the policy variable, and (b) divide this result by the capacity of one container: Containers Required

Results Tutor - Number of Containers

1. Start by entering values for the five variables needed for the container calculation: Daily Expected Demand Quantity in Standard Container Container Waiting Time (days) Processing Time (days) Policy Variable 2. To calculate the number of containers, (a) multiply daily demand by the sum of waiting time and processing time and multiply that by 1 plus the policy variable, and (b) divide this result by the capacity of one container: Containers Required

90000 375 0.0521 0.01302 1%

16

Results Tutor - Number of Containers

1. Start by entering values for the five variables needed for the container calculation: Daily Expected Demand Quantity in Standard Container Container Waiting Time (days) Processing Time (days) Policy Variable 2. To calculate the number of containers, (a) multiply daily demand by the sum of waiting time and processing time and multiply that by 1 plus the policy variable, and (b) divide this result by the capacity of one container: Containers Required

Results Tutor - Number of Containers

1. Start by entering values for the five variables needed for the container calculation: Daily Expected Demand Quantity in Standard Container Container Waiting Time (days) Processing Time (days) Policy Variable 2. To calculate the number of containers, (a) multiply daily demand by the sum of waiting time and processing time and multiply that by 1 plus the policy variable, and (b) divide this result by the capacity of one container: Containers Required

4800 200 0.16 0.1 16%

A. Average aggregate inventory value $336,000 B. 6,500,000/52=125,000 336,000/$125,000=2.6 weeks

C. $6,500,000/$336,000=19.34 turnover

Price Quality Delivery Production Facility Environmental protection Financial position Weighted Total Weighted Average

Weights Supply A Supply B Supply C 0.2 0.6 0.5 0.9 0.2 0.6 0.4 0.8 0.3 0.6 0.3 0.8 0.1 0.5 0.9 0.6 0.1 0.7 0.8 0.6 0.1 0.9 0.9 0.7 1 0.63 0.53 0.77 0.63 0.53 0.77

B. A & C survided the hurdle C. It provides confidence the orders are placed with the right customers