Given the information provided below and a budget of $6,500,000, what is the most that Loyola Machining can pay for each manufactured unit? Assume one year is 250 working days and the order size is 5,200 units. Use the Total Supply Chain Cost Excel template for your analysis. Do not round intermediate calculations. Round your answer to the nearest cent. Price per unit: $ Annual Demand (D) 478,400 Price per Unit (P) ? Oversight Cost per Unit (0) $0.33 Transport Cost per Unit (Ct) $3.25 Order Cost (Co) $170 Cost to Store One Unit One Year (Ch) $9.00 Order Lead Time in Days (L) 30
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- One of your Taiwanese suppliers has bid on a new line of molded plastic parts that is currently being assembled at your plant. The supplier has bid $0.10 per part, given a forecast you provided of 400,000 parts in one year1. 500,000 in year 2; 700,000 in year 3. shipping and handling of parts from the supplier’s factory is estimated at $0.01 per unit. Additional inventory handling charges should amount to $0.006 per unit. Finally, administrative costs are estimated at $30 per month. Although your plant can continue producing the part, the plant would need to invest in another molding machine, which would cost $20,000. Direct materials can be purchased for $0.06 per unit. Direct labor is estimated at $0.05 per unit plus a 50% surcharge for benefits and, indirect labor is estimated at $0.008 per unit plus 50% benefit. Up-front engineering and design costs will amount to $40,000. Finally, management has insisted that overhead be allocated if the parts are made in-house at a rate of 100%…A wholesale store buys 500 of their most popular coffee mugs each month. The cost of orderingand receiving shipments is $12 per order. Accounting estimates annual carrying costs are $3.60.The supplier lead time is 2 operating days. The store operates 240 days per year. Each order isreceived from the supplier in a single delivery. There are no quantity discounts.Use 2 decimal places in your calculations (if needed) and then round your final answer to theclosest whole number.a. What quantity should the store order with each order?(show your work in the space below)b. How many times per year will the store order?(show your work in the space below)c. How many days will elapse between two consecutive orders?(show your work in the space below)d. What is the reorder point if the company wishes to carry a safety stock of 10 mugs?(show your work in the space below)e. What is the store’s total annual cost of placing orders & carrying inventory?(show your work in the space below)Given the information provided below, what are the procurement, oversight, transportation, order cycle inventory, pipeline inventory costs, and total supply chain costs for using the supplier Ebert, Inc. Ebert manufactures small speakers for automobiles in its factory in the Philippines. The order size is Q= 7,000 units and the supply chain operates 300 days a year. Do not round intermediate calculations. Round your answers to the nearest dollar. CertifiedSupplier AnnualDemand (D) Price perUnit (P) OversightCost perUnit (O) Transport Costper Unit (Ct ) Order Cost(Co ) Cost toStore OneUnit OneYear (Ch ) Order LeadTime inDays (L) Elbert, Inc. 224,000 $6.99 $0.22 $2.38 $140 $5.39 55 Procurement cost: $ Oversight cost: $ Transportation cost: $ Order cycle cost: $ Inventory holding cost: $ Pipeline invenory cost: $ Total supply chain costs: $
- As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Selling Price Variable Cost % of Revenue Soft Drink $1.00 S0.70 25 Wine $2.00 $0.95 25 Coffee $1.25 $0.30 30 Candy $1.20 $0.30 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $280.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $280.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $60.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $ (round your response to two decimal places). b) Based on the given information, the per night break-even point in servings for wine = servings…As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Selling Price Variable Cost % of Revenue Soft Drink $1.00 $0.65 25 Wine $1.75 $1.00 26 Coffee $1.00 $0.35 31 Candy $1.20 $0.35 18 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $250.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $250.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $60.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in…the following data has been provided relating to one of the essential supplies that is utilized for Barloworld logistics operations. usage is approximately 10 brackets per day during the year. the brackets are purchased from a supplier 90km away and the costs incurred include holding costs per bracket per year of R1.50, order cost per order of R18.75. the lead time is 2 days and working days per year is 250 days. advise the management on the following inventory management issues. Examine the factors that you will prioritise at Barloworld in ensuring that inventory management adds value to the organisation and improves on its competitive advantage. what would be the economic order quantity? the annual inventory holding costs. how many orders would be made each year? what would be the annual order cost? what is the time between orders and the reorder point (ROP)?
- One of your Taiwanese suppliers has bid on a new line of molded plastic parts that is currently being assembled at your plant. The supplier has bid $0.10 per part, given a forecast you provided of 200,000 parts in year 1; 300,000 in year 2; and 500,000 in year 3. Shipping and handling of parts from the supplier’s factory is estimated at $0.01 per unit. Additional inventory handling charges should amount to $0.005 per unit. Finally, administrative costs are estimated at $20 per month. Although your plant is able to continue producing the part, the plant would need to invest in another molding machine, which would cost $10,000. Direct materials can be purchased for $0.05 per unit. Direct labor is estimated at $0.03 per unit plus a 50 percent surcharge for benefits; indirect labor is estimated at $0.011 per unit plus 50 percent benefits. Up-front engineering and design costs will amount to $30,000. Finally, management has insisted that overhead be allocated if the parts are made in-house…One of your Taiwanese suppliers has bid on a new line of molded plastic parts that is currently being assembled at your plant. The supplier has bid $0.10 per part, given a forecast you provided of 300,000 parts in year 1; 500,000 in year 2; and 700,000 in year 3. Shipping and handling of parts from the supplier's factory is estimated at $0.03 per unit. Additional inventory handling charges should amount to $0.004 per unit. Finally, administrative costs are estimated at $20 per month. Although your plant is able to continue producing the part, the plant would need to invest in another molding machine, which would cost $10,000. Direct materials can be purchased for $0.04 per unit. Direct labor is estimated at $0.05 per unit for wages plus a 50 percent surcharge for benefits and, indirect labor is estimated at $0.013 per unit plus 50 percent benefits. Up-front engineering and design costs will amount to $40,000. Finally, management has insisted that overhead be allocated if the parts are…Bizsupply, a manufacturer of office supplies, ended the current year with annual sales (at cost) of $68 million. During the year, the inventory of accessories turned over eight times. For the next year, Bizsupply plans to increase annual sales (at cost) by 25 percent. What inventory turns must Bizsupply achieve if, through better supply chain management, it wants to support next year's sales with no increase in the average aggregate inventory value? (Enter your response rounded to the nearest whole number.)
- The task I am struggling with. What percentage of cost of a Dell computer reflects inventory costs? Assume Dell’s yearly cost is 40% to account for the cost of capital for financing the inventory the warehouse space, and the cost of obsolescence. In other words Dell incurs a cost of $40 for a $ 100 component that is in the company’s inventory for one entire year. In 2001 Dells 10-k reports showed that the company had $400 million in inventory and COGS of $ 26.442 millionThank you very much for your help.Some companies may choose to have a high level of inventory while other companies in the same industry may choose to have a low level of inventory. What factors need to be considered while determining a policy on the level of inventory? Provide a hypothetical example of inventory optimization. (Note: While describing the factors describe the points like Manager and function, purchasing cycle, Just in time (JIT), Access to vendors, Inventory forecast, and Supply Chain Management).Grand Styles Furniture Store is overstocked in (has excess inventory of) one type of chair, Based on the Price-Demand Relationship, what advice would you provide to the store manager to deal with this problem? Please use no more than 2 bullet points for your answer.