Haulsee Inc. builds 800,000 golf carts a year and purchases the electronic motors for these carts for $370 each. Ordering costs are $540, and Haulsee's inventory www w carrying costs average 14% of the inventory value. What is the EOQ for Haulsee?
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A: EOQ=2DSH =2×120000×4000100 =960000000100 =9600000 =3098.38Annual…
Q: Matthew Liotine's Dream Store sells water beds and assorted supplies. His best-selling bed has an…
A: Given data, D Annual Demand 395 H Holding Cost 5 S Ordering cost 36
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A:
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A: Given- Annual Quantity (D) = 19,200 units Annual Holding Cost (H) = P32 per unit Ordering Cost…
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A:
Q: a. Using the appropriate EOQ model, compute for the recommended order size. Express your answer up…
A: Economic order quantity is the optimal quantity that the business needs to buy the inventory to…
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A: Given that,Total annual demand D = 800 per month = 9600 per yearPurchase cost = $10 per…
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A: The concept used here is the Economic order quantity model.
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A: According to our guidelines, we are supposed to answer only three sub-parts if there are multiples…
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A: The correct answer is as follows:
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A: Given- Annual Demand (D) = 4000 Units Unit Cost (P) = $10 Holding Cost (H) = 5% of Unit Cost =…
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A: : Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: I can get a discount of a nickel per roll if I order 2,000 rolls at a time. Under this option, what…
A: THE ANSWER IS AS BELOW:
Q: Princeton GI Roofing Ltd wants to reduce its total inventory cost using the appropriate EOQ model.…
A: Given, Annual demand, d=43420 sheets Ordering cost, o=Php 120 Holding cost, h=0.20 ×400= Php 80 Lead…
Q: Sunstar Ice Cream Sells 12,000 gallons of ice cream each month from its central storage facility.…
A: Given, Demand of ice cream, d = 12000 gallons Carrying cost, h = P 0.10 per gallon Ordering cost, o…
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A: a. EOQ = 2DS/HEOQ = 2*83200*75/16EOQ = 883.17
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A: Total cost is the sum of the carrying cost and the cost of ordering. Carrying costs are expenses…
Q: the company expects to sell 19,200 units next year. it operates 360 days a year. annual carrying…
A: Given- Annual Quantity (D) = 19,200 units. Annual Carrying or Holding Cost (H) = P32 per unit…
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A: Number of days per year (N) = 360 Daily usage (d) = 10 rolls Standard deviation (SD) per day = 2…
Q: snip
A: Lead Time refers to the time needed to respond to a customer order. It refers to the time between…
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A: Quantity Price 600 or more 8.20 400 to 599 8.70 Less than 400 10.00 Operating days = 214…
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A: Given that, Annual demand D = 9,600 Carrying costs H = $16 Holding costs S = $75
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A: Economic order quantity is a computation used by businesses to determine the best order amount in…
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A: EOQ- Economic Order quantity provides the information of order quantity cost-effectively to the…
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A: Given data is Annual demand = 2,600,000 Ordering costs = P5,000 per order Carrying cost = P0.1 per…
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Q: Babble, Inc., buys 400 blank cassette tapes per month for use in producing foreign language…
A: Given: Demand of cassette = 400 per month Demand of cassette = 400 × 12 = 4800 per yr Ordering cost…
Q: Haulsee Inc. builds 800,000 golf carts a year and purchases the electronic motors for these carts…
A: EOQ is the model of inventory management that reduces the annual inventory cost.
Q: Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 2,250 rolls.…
A: Find the given details below: Given Details Demand (D) 2250 Rolls/Year Cost of roll 625…
Q: 2. Find out the EOQ, Annual ordering cost and annual holding cost from the following information.…
A: Economic order quantity is the optimal quantity that the business needs to buy the inventory to…
Q: Combate uses 100,000 units of Material X Annually I its production. Ordering cost consists of P1,000…
A: Below is the solution:-
Q: Thompson Paint Company uses 60,000 gallons of pigment per year. The cost of ordering pigment is $200…
A: Economic order quantity is the optimal quantity that the business needs to buy to meet customers’…
Q: Regional Supermarket is open 360 days per year. Daily use of cash register tape averages 10…
A: Given that: Annual demand is D. Order cost O = $1 carrying cost C = $0.40
Q: Regional Supermarket is open 360 days per year. Daily use of cash register tape averages 10 rolls.…
A: Annual Demand (D)= 10×360= 3600 rolls per day Cost of ordering tape (S)= $1 Carrying costs(H) = 40%…
Q: Fill in the following table based on this information: # Optimal Inventory Policy 1 Economic Order…
A: Economic order quantity is the optimal quantity that the business needs to buy the inventory to…
Q: The carrying cost curve and ordering cost curve of NEKO Inc.’s inventory intersect at 3,500 units.…
A: Total inventory cost is the cost incurred to store, manage, and sell the inventory in the market.…
Q: The purpose of computing for EOQ is to put into balance the Carrying Cost and Ordering Cost. Is it…
A: Ordering costs are the expenses that are incurred to create and process an order to a supplier.…
Q: B Inc. sells 12,000 gallons of ice cream each month from its central storage facility. Monthly…
A: Economic order quantity is the model of inventory that minimizes the total cost of inventory.
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- The chapter presented various approaches for the control of inventory investment. Discuss three additional approaches not included that might involve supply chain managers.Kroger's orders Louisiana Specialty Foods famous meat pies at a rate of 350 cases a month. The order cost, which includes transportation is $37.50. Annual holding costs are $5.75 per case. The internal expense per/pie is $2.59. Assume 250 days per year. Lead time is 3 days. a. Determine the EOQ [Select] b. What is the average inventory? [Select] c. Determine the number of orders per year [Select ] d. Determine total inventory-related costs per year [Select] > e. What is the total cost, including the cost of the pies? [Select] What if Kroger's decid to reduce the ordering of the pies to 190 cases very time they placed an order, wh ordering costs? [Select] impact would if onGiven an ordering cost of $200, a holding cost of $2 perunit, and a negligible lead time, examine the following de-mand patterns and predict which lot sizing technique wouldresult in the lowest total cost. Verify your predictions Period 1 2 3 4 Gross Requirements 50 50 10 10
- 1. Demand is Normally distributed with a mean of 66 per week and a weekly variance of 3. The ordering cost is $57.5. Lead time is 8 weeks. Shortages cost an estimated $4.14 per unit short to expedite orders to appease customers. The holding cost is $7.06 per week. Estimate the stockout risk if the target service level is 0.22. 2. Demand is Normally distributed with a mean of 43 per week and a weekly variance of 8. The ordering cost is $83.26. Lead time is 4 weeks. Shortages cost an estimated $1.96 per unit short to expedite orders to appease customers. The holding cost is $9.2 per week. Calculate ROP if the target service level is 95%.At theEOQ, what is the firm’s total inventory costper year, assuming safety stock = 15 units?Metal Gear solid Company needs 2679 metal desks per year. Fixed delivery charges and costs of receiving is about $4000 per shipment. Every desk costs $800. The firm uses a 18.25% interest rate. a. Find the annual demand. 1 b. Find the total holding cost c. Find the EOQ. с.
- 4. Distinguish between physical inventory systems and perpetual inventory systems. Give an example of a company that would use each.What does the ABC analysis entail! What is the underlying premise? What are the three criteria for conducting an ABC inventory analysis?Anvils Works’ requires, on average, 2800 tons of aluminum each week, with a standarddeviation of 1000 tons. The lead time to receive its orders is 10 weeks. The holdingcost for one ton of aluminum for one week is $11. It operates with a 0.98 in-stockprobability.a. On average, how many tons does it have on order?b. On average, how many tons does it have on hand?c. If its average inventory was 5000 tons, what would be its average holding cost perweek?d. If its average inventory was 10,000 tons, what would be its average holding cost perton of aluminum?e. Suppose its on-hand inventory is 4975 tons, on average. What in-stock probabilitydoes it offer to its customers?
- An auto parts supplier sells Hardy-brand batteries to car dealers and auto mechanics. The annual demand is approximately 1,200 batteries. The supplier pays set up cost equal to $20 for each battery and estimates that the annual holding cost is $8.4. The working days for the company are 300 days per year Determine the economic order quantity (EOQ). b. How many orders will be placed per year using the EOQ? c. What is the expected time between orders? d. Determine the ordering, holding, and total inventory costs for the EOQAntique manufactures old-fashioned telephones for use in movie scenes (and other displays). Antique's annual demand for rotary telephones is 33,000 units per year, so it needs just as many receptors to assemble the phones. Receptors are ordered from a supplier, and shipping and handling costs are $15 per order (regardless of how many units are on order). The holding costs are $7/unit/year. If the current company policy calls for orders of 3,000 receptors, what are the total annual inventory costs for the receptors? round your final answer to the nearest whole dollar.Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue Cost of sales Inventory Total assets $16,320 $14,150 $990 $8,490 a) What is its weeks of supply? weeks (round your response to two decimal places). b) What percentage of Arrow's assets are committed to inventory?% (enter your response as a percentage rounded to two decimal places). c) What is Arrow's inventory turnover? times per year (round your response to two decimal places). d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is