Higher cost of JET A1 fuel resulted in more expenditures which affected the net profit of MAS. Malaysia Airlines reinstated a fuel surcharge on its tickets price from 18 sept, 2018 onwards but their competitor such as AirAsia BHD had introduced a no-fuel-surcharge policy. This will encourage more passengers to travel by AirAsia because they […]
(25points)EOQ / (Q,r) policy: This question is motivated by the Littlefield game, but is on (Q,r) inventory control. Notes about data:The data here may or may not correspond to the data in the dry-run or actual Littlefield game play. In fact, the data in this question is customized to each student. Let n = integer […]
Reorder Point r/ Safety Stock:Suppose you take one large warehouse serving demand in all of the United States for a single product (with standard deviation of daily demand = 20 units) and you replaced it with four similar-sized warehouses (each with standard deviation of daily demand = 10units). Each warehouse independently follows a good reorder […]
Blue Ridge Hot Tubs manufactures and sells two models of hot tubs: the Aqua-Spa and the Hydro-Lux. Howie Jones, the owner and manager of the company, needs to decide how many of each type of hot tub to produce during his next production cycle. Howie buys prefabricated fiberglass hot tub shells from a local supplier […]
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