The two axises for the Reorder Point for 185/ 70 R13 Tire
What is Time and Inventory Level
The two variables in the EOQ Model with planned shortages
What is order quantity and maximum shortage (unit backorders)
NSU's mascot
What is sharks
This presentation is done via
What is Zoom
The group thats presenting
What is group 4
The highest total variable cost from the Before Solving Graph
What is $2,790
The Data table consisted of
What is Cost Vs Order Quantity
The concluding savings amount for ACT by reducing inventory
What is $1,500
The total variable cost for the spreadsheet analysis with Quantity Discounts
What is $121,279
The reduction of inventory would
What is saving money
The group members that presented
What is Isaque, Kyle, Stuart, and Amanda
The acquisition cost is
What is the direct cost of replenishing inventory
The cost of holding units of inventory
What is Holding Cost
The cost incurred when there is a need for a product
What is Shortage cost
The assumptions of The Basic Economic Order Quntity (EPO) Model
A constant demand rate, the order quantity to replenish inventory arrives all at once just when desired
The current policy for ordering tires?
What is 1000 tires every two months
The type of challenges is ACT facing?
What is restock inventory Management
The optimal order quantity is?
What is 750 tire quantity
The the most cost effective model for ACT case study is?
What is EOQ Model or EOQ Model w/ Planned Shortages
The class we are now in
What is QNT 5160
The best professor at NSU is?
What is Professor Jacko!
The purchase price per tire at Eversafe is?
$20.00
The cost of holding tires in inventory?
$4.20
The Atlantic Coast Tire Corporation (ACT) is the east coast distributor of?
Tires
What was the company that was presented?
The Atlantic Coast Tire Corporation (ACT)