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Week 3 Case study Low Nail Co Dec 2020

Profile image of Andrea Abestano

Case-Low Nail Company After making some wise short-term investments at a race track, Chris Low had some additional cash to invest in a business. The most promising opportunity at the time was in building supplies, so Low bought a business that specialized in sales of one size of nail. The annual volume of nails was 2,100 kegs, and they were sold to retail customers in an even flow. Low was uncertain how many nails to order at any time. Initially, only two costs concerned him: order-processing costs, which were $60 per order without regard to size, and warehousing costs, which were $1.08 per year per keg space. This meant that Low had to rent a constant amount of warehouse space for the year, and it had to be large enough to accommodate an entire order when it arrived. Low was not worried about maintaining safety stocks, mainly because the outward flow of goods was so even. Low bought his nails on a delivered basis.

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case study low nail company

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New modification of Russian VVER-440 fuel loaded at Paks NPP in Hungary

DECEMBER 14, 2020 — After the recent refueling at power unit 3 of the Hungarian Paks NPP, its VVER-440 reactor has been loaded with a batch of fresh fuel including 18 fuel bundles of the new modification. The new fuel will be introduced at all four operating power units of the Paks NPP, and the amount of new-modification bundles in each refueling will be increased gradually.

Development of the new VVER-440 fuel modification was completed in 2020 under the contract between TVEL JSC and MVM Paks NPP Ltd. Its introduction would optimize the hydro-uranium ratio in the reactor core, enabling to increase the efficiency of fuel usage and advance the economic performance of the power plant operation. All VVER-440 fuel modifications are manufactured at the Elemash Machine-Building Plant, a facility of TVEL Fuel Company in Elektrostal, Moscow Region.

Paks Nuclear Power Plant

“Introduction of a new fuel is an option to improve technical and economic performance of a nuclear power plant without substantial investment. We are actively engaged in development of new models and modifications of VVER-440 fuel for power plants in Europe. The projects of the new fuels for Loviisa NPP in Finland, Dukovany NPP in the Czech Republic, Mochovce and Bohunice NPPs in Slovakia, are currently at various stages of implementation. Despite the same reactor model, these projects are quite different technically and conceptually, since we take into account the individual needs and requirements of our customers,” commented Natalia Nikipelova, President of TVEL JSC.

For reference:

The project of development and validation of the new fuel has been accomplished with participation of a number of Russian nuclear industry enterprises, such as OKB Gidropress (a part of Rosatom machine-building division Atomenergomash), Bochvar Institute (material science research facility of TVEL Fuel Company), Elemash Machine-building plant and Kurchatov Institute national research center. At the site of OKB Gidropress research and experiment facility, the new fuel passed a range of hydraulic, longevity and vibration tests.

Paks NPP is the only functioning nuclear power plant in Hungary with total installed capacity 2000 MWe. It operates four similar units powered by VVER-440 reactors and commissioned one by one in 1982-1987. Currently, Paks NPP is the only VVER-440 plant in the world operating in extended 15-monthes fuel cycle. The power plant produces about 15 bln kWh annually, about a half of electric power generation in Hungary. In 2018, the project of increasing the duration of Paks NPP fuel cycle won the European competition Quality Innovation Award in the nomination “Innovations of large enterprises”. Russian engineers from TVEL JSC, Kurchatov Institute, OKB Gidropress, Bochvar Institute and Elemash Machine-building plant provided assistance to the Hungarian colleagues in accomplishment of the project.

  TVEL Fuel Company of Rosatom incorporates enterprises for the fabrication of nuclear fuel, conversion and enrichment of uranium, production of gas centrifuges, as well as research and design organizations. It is the only supplier of nuclear fuel for Russian nuclear power plants. TVEL Fuel Company of Rosatom provides nuclear fuel for 73 power reactors in 13 countries worldwide, research reactors in eight countries, as well as transport reactors of the Russian nuclear fleet. Every sixth power reactor in the world operates on fuel manufactured by TVEL.  www.tvel.ru  

IMAGES

  1. Solved Case

    case study low nail company

  2. Low Nail Case study answers.docx

    case study low nail company

  3. Case 8.1 Low nail company

    case study low nail company

  4. Case 8.1 Low Nail Company.docx

    case study low nail company

  5. SOLUTION: 20190820041358week 3 Assignment Low Nail Company

    case study low nail company

  6. Solved CASE CASE 8.1 Low Nail Company After making some wise

    case study low nail company

COMMENTS

  1. CASE 9-1 LOW NAIL COMPANY by Tai baobao

    ONM 4202 GLOBAL LOGISTIC MANAGEMENT YUAN YANG I11009523 TAI HUEI WEN I12000304 LEE HUEY SI I2000362 Answer CASE 9-1 LOW NAIL COMPANY Answer EOQ Question 5 Question 3 Temporarily, ignore your work on questions 2, 3, and 4. Low's luck at the race track is over; he now must borrow. Get started for FREE Continue.

  2. Solved Case

    Case - Low Nail Company After making some wise short-term investments at a race track, Chris Low had some additional cash to invest in a business. The most promising opportunity at the time was in building supplies, so Low bought a business that specialized in sales of one size of nail.

  3. Solved CASE CASE 8.1 Low Nail Company After making some wise

    CASE CASE 8.1 Low Nail Company After making some wise short-term investments at a race nails to order at any time.

  4. Case 8 1 Low Nail Company Logistics Presentation- Raven Addison

    About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright ...

  5. Case study 8.1 Low Nail Company.docx

    10 LSM 300 - 21259 Case 8.1: Low Nail Company 1. Using the EOQ methods outlined in the text, how many kegs of nails should Low order at one time? 490 kegs EOQ = √ (2AB/C) A = 2000 B = 60 C = 1 = √ (2 x 2000 x 60/1) = 490 kegs The correct answer is 345 Kegs per order.

  6. SOLUTION: Case 8

    1/4 1 CASE SOLUTIONS CASE 8-1: LOW NAIL COMPANY Question 1: Using the EOQ methods outlined in the chapter, how many kegs of nails should Low order at one time? The EOQ formula is: EOQ = √ 2 (annual use in units) (cost of placing an order) / annual carrying cost per item per year = √ 2 (2000) (60) / 2 = √ 120,000 = 345 kegs per order

  7. Week 3 Case study Low Nail Co Dec 2020

    Week 3 Case study Low Nail Co Dec 2020. Andrea Abestano. Case-Low Nail Company After making some wise short-term investments at a race track, Chris Low had some additional cash to invest in a business. The most promising opportunity at the time was in building supplies, so Low bought a business that specialized in sales of one size of nail.

  8. Low Nail Company Case Study.docx

    This case study is about Chris Low who had "extra money to invest in a business and wanted to specialize his sales in one size of a nail" (Knemeyer and Murphy, 2018, p. 148).

  9. Case 9-1: Low Nail Company Essay

    CASE 9-1: LOW NAIL COMPANY. Question 1: Using the EOQ methods outlined in chapter 9, how many kegs of nails should Low order at one time? The EOQ formula is: EOQ = √ 2 (annual use in units) (cost of placing an order) / annual carrying cost per item per year = √ 2 (2000) (60) / 2 = √ 120,000 = 345 kegs per order. Note the 2 in the denominator.

  10. Week 3

    Case - Low Nail Company After making some wise short-term investments at a race track, Chris Low had some additional cash to invest in a business. The most promising opportunity at the time was in building supplies, so Low bought a business that specialized in sales of one size of nail.

  11. Solved Case -Low Nail Company After making some wise

    Case -Low Nail Company After making some wise short-term investments at a race track, Chris Low had some additional cash to invest in a business. The most promising opportunity at the time was in building supplies, so Low bought a business that specialized in sales of one size of nail.

  12. Case 9-1: Low Nail Company

    Case 9-1: Low Nail Company Good Essays 889 Words 4 Pages Open Document Analyze This Draft Case 9-1: Low Nail Company View Writing Issues File Edit Tools Settings Filter Results CASE 9-1: LOW NAIL COMPANY Question 1: Using the EOQ methods outlined in chapter 9, how many kegs of nails should Low order at one time? The EOQ formula is:

  13. Case 9-1: Low Nail Company Essay

    A Case Study on Wal-Mart Stores, Inc.: a New Set of Challenges Essay. I. Statement of the Problem Wal-Mart was drawing increasing flak from organized labor about the company's low wages and anti-union posture. It was confronting 6,000 lawsuits on a variety of issues, including one claiming that it discriminated against female employees. H.

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    Low Nail Company Case Study Tana D. Collier College of Business, Athens State University LSM 301: Intro to Logistics & SCM Professor Artemas Holloway March 6, 2022 2 Low Nail Company Case Study Chris Low invested in a new business that specializes in the sales of one size of nail. These nails are sold to customers in an even flow.

  16. 15 men brought to military enlistment office after mass brawl in Moscow

    Local security forces brought 15 men to a military enlistment office after a mass brawl at a warehouse of the Russian Wildberries company in Elektrostal, Moscow Oblast on Feb. 8, Russian Telegram channel Shot reported.. 29 people were also taken to police stations. Among the arrested were citizens of Kyrgyzstan. A mass brawl involving over 100 employees and security personnel broke out at the ...

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  18. New modification of Russian VVER-440 fuel loaded at Paks NPP in Hungary

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  19. Solved CASE CASE 8.1 Low Nail Company After making some wise

    Question: CASE CASE 8.1 Low Nail Company After making some wise short-term investments at a race nails to order at any time. Initially, only two costs con- track, Chris Low had some additional cash to invest in cerned him: order-processing costs, which were 560 per a business. The most promising opportunity at the time order without regard to ...

  20. CH8 Case LOW NAIL COMPANY

    View Homework Help - CH8_Case_LOW NAIL COMPANY from LGMT 682 at Embry-Riddle Aeronautical University. CASE SOLUTIONS CASE 8-1: LOW NAIL COMPANY Question 1: Using the EOQ methods outlined in the ... Case study 8.1 Low Nail Company.docx. Solutions Available. Athens State University. LSM 301. Week 3 - Assignment - Low Nail Company (Nov 2021).xlsx.

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