Calculating Order Size
material is ordered from a
supplier outside the firm, use the EOQ
model and extend this with quantity
discount information when appropriate.
Microsoft Excel 14.0 Answer Report
Report Created: 9/17/2012 11:46:34 AM
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Engine: Simplex LP
Solution Time: 0 Seconds.
The Single-Period Inventory Problem
Imagine a decision problem of the following type:
You face a "quantity" decision: For example, how many tickets to sell for a flight, how
many minutes to allow for a trip, how many product catalogs to print for this yea
Step 1: Enter values for arrival rate and service rate (in the yellow boxes below)
0.008 k =
Single-Channel Queuing Model (M/M/1)
Step 1: Enter value
,INTERNATIONAL FINANCE EXAM 3
1. The 3 common forms of International arbitrage are: Locational Arbitrage, Triangular Arbitrage and
Covered Interest Arbitrage.
2. In Triangular Arbitrage currency transactions are conducted in the spot market to capitalize