The writer is very fast, professional and responded to the review request fast also. Thank you.
**** 1: **** ******** ********** Bell ******** ******* has *** ********* options: ****** ***** *** ***** ***** *** both medium ***** expansion *** large ***** expansion ****** can ** low ****** ** **** with probability ** ** ** *** ** respectively *** ****** ***** ********* ******* ** **** of low ****** *** **** ****** *** $50000 $150000 and ******* ************ *** large ***** ********* ******* ** **** of *** medium *** **** ****** *** ** ******* and $300000 ************ ********** ** facing dilemma ******* to ** *** medium ***** expansion ** ***** scale ********* ***** large ***** ********* *** potential ** generate higher ****** ** **** of **** ****** *** ***** scale expansion **** ******** ***** profit **** ****** ***** ********* in **** of *** and medium ****** ** **** ** low ****** *** ***** ***** ********* ******* in *** ****** Clearly *********** ********* bears more **** **** *** ********* expansion The ******** ***** ** ** *********** value ** ** action ** ****** *** ******** possible ******** ***** ** **** ** ********* *********** ** ********** ** **** ******* *** ******** ***** ** calculated by multiplying each ******** ******** ** *********** ** ********** of **** ******* *** ****** all those ****** (Hossein ***** ******** ***** ** ****** ***** ********* *** large ***** ********* **** **** *** ********** choose *** ********* ****** **** ** most likely ** ******** ****** *********** ******** ***** of *** alternatives are:Medium ***** ********** ********* scale ********** ********* ****** ***** ********* *********** has ****** ******** value than large-scale expansion ******* **** medium-scale ********* ** preferred for *** ********* of ********** ******** ************** ******* ******** ***** is not ****** ** **** ** informed ******** ** ** **** ********* ** know *** ******* can ******* **** the ******** ***** *** **** purpose ******** is **** Variance ******** how *** * *** ** ****** values are ****** from *** **** ***** ****** ******** means *** random ****** are spread *** from *** **** A *** ******** ** ************ ******** ** ****** ********* ** the expected value ** ******* ********* **** the ****************** variance ** ******** random ********* is ********** ****** * E[(X-µ)2] * ********* **************** ********** variance ** ************ *** large-scale ********* ******** are:Medium-scale ********** *************** ********** 12400 The ********* *** ****** ********** **** *********** expansion ** much ****** **** *** ********* *** ****** associated **** ************ ******************* ********* ** * ******* ** risk Standard ********* is * ******* **** ** quantify *** amount of ********* ** * set ** data ****** ******** deviation is calculated ** square **** ** ******** *** standard ********* indicates **** ****** values **** to ** ***** to *** ******** ***** * ***** ******** ********* indicates ***** **** and a ****** ******** deviation ********* higher ********* ******** deviation ** ************ *** *********** ********* projects **************** ********** **************** ********** ************* value of ******** deviation of ************ ********* ********* **** ************ expansion project is less risky **** the large-scale expansion ******* ** ************ expansion ******* ** preferred *** the ********* ** minimizing the **** ** ****************************** ************ expansion ******* *** ****** expected ***** and lower **** **** ********** should ****** ************ expansion project Case 2: **** **** *** ********* **** *** ***** ** * ******** ** ********* ******** ******** **** ******* ******* ** an ** ***** ******* *** this product ******* ****** ****** is *** ***** *** **** time ** one **** ******* ****** is *** ******** Kyle has observed **** ****** ****** ******** ********* ** ** **** **** to **** **** ****** they ***** order *** ******* ****** *** inventory ***** ** **** ***** is stock-out ** **** ** *** **** to ******* ** ***** *** to stock-out Kyle will **** **** **** *** ******** ********** **** **** *** *** ******* ********** *********** of ********* in *** week to ** **** **** target Kyle wants ** **** **** should ** the ******** ***** and *** **** ** ***** ******** ****** ** ** ************** point ** the ********* ***** at which ***** should ** placed In **** **** demand ** variable *** ******** demand ** is ******* that ****** *** be described ** a normal ************ *** ******* ****** *** *** **** **** ** *** *** of ******* ***** demand *** the ****** ** **** in lead **** ****** **** *** ** ********** by multiplying average daily demand ** *** **** **** The variance ** *** ************ is calculated ** *** *** of ***** variance for *** ****** ** **** ** **** ******** ******* ***** * * ** * z*σ*√LWhered * ******* daily ******* * lead ****** = ******** ********* of daily ******* * Number ** ******** ********** corresponding ** *** ******* level ******************* ***** Taylor ************ * 200/7 unitsL * * ****** * *********** ******** *********** of stock *** ** ** It means ******* ***** ** ******** z-table ************* ** ***** ** *********** * 156Thus reorder point R * ********* + *********** **** * 200 + **** * ******* Kelly’s **** place ** order when inventory ***** ******* *** *********** demand ** variable ***** ** ****** ** ******** *** stock **** ******** *** ***** ****** the **** **** * **** needs ** maintain safety ***** ** ***** *** risk ** ***** *** *** safety ***** is the additional ********* a **** ********* ***** ******** ****** to ***** ***** out ***** use ******* level ** ********* ****** ***** * **** ******* **** *********** it *** afford ** stock *** *** service ***** is probability ** ** ***** out during **** **** **** *********** ** ****** ******* ***** ******** ***** Taylor ***** *** ******* * ******* ***** of *** ***** there ** *** *********** that **** **** **** ****** during **** time ** means *** *********** ** ***** *** ** ********* stock ** ********** ********* stock * ********** * **** ****** * ******** ********* ** ***** ******* * ****** ** standard ********** ************* ** *** ******* level probability In **** ***** * 7 daysσ * *********** ******** *********** of ***** out ** 6% It means ******* ***** ** 094Using z-table corresponding ** ***** is *********** * ******* ****** ***** =156*(30/7)* √7 * **** = ** ********* ********* ****** ******** ** ***** safety stock ** ** ***** printer ** ***** ***** ************************ * (2014) Introduction ** Probability ********** *** ****** ********* ***** Research Russell * * Taylor * * (2011) ********* ********** **** *** Wiley *********** **** ***** & ****
Click here to download attached files:
Excel week .xlsx.xlsx
Click here to download attached files:
Case Study – Bell Computer Company & Kyle Bits and Bytes.docx
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more