Suppose that the demand for a product is 8000 unit per year, order cost is 500 $ and the inventory holding cost is 12 $ per item per year. Assuming shortages are not allowed, and determine the economic order quality ( Q) *

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
icon
Related questions
Question
10:02
A docs.google.com
Suppose that the demand for a product is
8000 unit per year, order cost is 500 $ and
the inventory holding cost is 12 $ per item
per year. Assuming shortages are not
allowed, and determine the economic order
quality ( Q) *
755
816
618
Output 7040 unit, 1.1 $ each and input labor
1000$, material 520$, overhead 200$.
Productivity = ? *
2.2 $
Not of above
2.2 unit per $
2.2 unit
An activity has an optimistic time of 15 days,
a most likely time of 18 days, and a
pessimistic time of 27 days, what is its
expected time? *
O O
Transcribed Image Text:10:02 A docs.google.com Suppose that the demand for a product is 8000 unit per year, order cost is 500 $ and the inventory holding cost is 12 $ per item per year. Assuming shortages are not allowed, and determine the economic order quality ( Q) * 755 816 618 Output 7040 unit, 1.1 $ each and input labor 1000$, material 520$, overhead 200$. Productivity = ? * 2.2 $ Not of above 2.2 unit per $ 2.2 unit An activity has an optimistic time of 15 days, a most likely time of 18 days, and a pessimistic time of 27 days, what is its expected time? * O O
10:03
A docs.google.com
An activity has an optimistic time of 15 days,
a most likely time of 18 days, and a
pessimistic time of 27 days, what is its
expected time? *
60
19
20
18
The demand for an item is 200$ per year.
The order cost is 10 $ and inventory holding
cost is 2.5 per item per year. If the
shortages cost is 4$ per item per year.
EOQ=50.99 Maximum inventory 31.37 The
annual cost = 54.21
Not of above.
EOQ=5.99 Maximum inventory = 3.37 The
annual cost = 5.21
EOQ=75.99 Maximum inventory 63.37 The
annual cost = 20.21
To calculate Tf for the activity where ES = 3,
EF = 7, LS = 10 and LF = 14: *
4
Transcribed Image Text:10:03 A docs.google.com An activity has an optimistic time of 15 days, a most likely time of 18 days, and a pessimistic time of 27 days, what is its expected time? * 60 19 20 18 The demand for an item is 200$ per year. The order cost is 10 $ and inventory holding cost is 2.5 per item per year. If the shortages cost is 4$ per item per year. EOQ=50.99 Maximum inventory 31.37 The annual cost = 54.21 Not of above. EOQ=5.99 Maximum inventory = 3.37 The annual cost = 5.21 EOQ=75.99 Maximum inventory 63.37 The annual cost = 20.21 To calculate Tf for the activity where ES = 3, EF = 7, LS = 10 and LF = 14: * 4
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Charter Contracts
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,