Nantahala Brewing bottles approximately 60,000 six-packs of Trail Extra Pale Ale per year. The bottles are ordered from a supplier. Nantahala’s operations work 240 days a year. It costs $3 to keep one pack of bottles in inventory for one year and it costs $25 to place an order. The supplier is very accommodating and will allow any size order. The supplier’s lead time is 10 days. Nantahala currently orders 2,400 packs of bottles at a time.

1.What is the total annual cost of the current policy? What is the total annual cost of ordering 2400 packs at a time?
2.How often will Nantahala place an order for bottles under the current inventory policy?
3.What is the EOQ?
4.How often will Nantahala place an order for bottles if they change the order quantity to the EOQ?
5.What is the total annual cost if they change the order quantity to the EOQ?
6.How much money will Nantahala save by changing to the EOQ?
7.How often will Nantahala place an order for bottles if they change the order quantity to the EOQ?
8.What is the reorder point for Nantahala?
9.If the supplier can change the lead time to 5 days, what would the new reorder point be?

Sample Solution

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Analyze the impact of the Triangular Trade on European, African and American societies
Sources: Start with the textbook then explore some of the other sources.
Read textbook Chapter 19, The Atlantic Economy to Culture and Community in the Atlantic World and Chapter 20 The African Slave Trade.
Sources in the library database:
Slavery’s Impact on Africa (Links to an external site.)
Middle Passage (Links to an external site.)
British Slave Trade Video (Links to an external site.)
Sources on the web:
Ted Talk on the Impact of the Slave Trade (Links to an external site.)
The Economics of the African Slave Trade (Links to an external site.)
European Profits (Links to an external site.)
The Triangular Trade (Links to an external site.)
The Caribbean and the Trade (Links to an external site.)
Triangular Trade and Multiple Profits (Links to an external site.)
Legacies in America (Links to an external site.)
Primary Sources:
Liverpool Vessels for Africa (Links to an external site.)
An excerpt from a 1788 account describing the capture and kidnapping of Africans as part of the slave trade. (Links to an external site.)

Excerpt from the Interesting Narrative of the Life of Olaudah Equiano (Links to an external site.)

Sample Solution

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