Answer Happy

PA 11-8 (Static) High Plains Inc. manufacturers furniture in North Dakota. High Plains... High Plains Inc. manufacturers furniture in North Dakota. High Plains receives its wood from a lumber yard in Calgary The lead time for orders is 3 weeks. One of their board costs $15 per unit and the holding cost for this board is 505 per week. They manage their inventory to achieve a 99 percent in-stock probability Weekly demand is for 250 boards with a standard deviation of 200 Use Table 115 boards a How many boards do they have on on order on average? boards b. How many boards do they have on hand on average? per week c. For this board what is the total holding cost incurred per week? (Round your answer to 2 decimal places) d. What is the holding cost they incur per board? per board
PA 11-7 (Static) A laptop manufacturer wants to compare the total... A laptop manufacturer wants to compare the total cost of assembling its laptops in the United States versus Taiwan. All of the laptops will be sold in the United States. To evaluate inventory. it uses a safety factor of 2.25 The holding cost per laptop is $4 per week in the United States and $3.50 per week in Taiwan. The lead time with U.S. production is one week, whereas it is eight weeks with production in Taiwan, In addition, it costs $2 to ship laptops to the United States from Taiwan Weekly demand is 1000 laptops, with a standard deviation of 800 (Round your answer to 2 decimal places) a What is the per unit holding cost of a laptop with us, production? per unit (Round your answer to 2 decimal places) b. What is the per unit holding cost of a laptop with production in Taiwan? per unit (Round your answer to 2 decimal places) A laptop requires 40 minutes of labor to assemble in the United States or in Taiwan c. The total cost of labor in the United States is $40 per hour, while in Taiwan it is $10 What is the change in cost per laptop if it switches production to Taiwan? per unit