Perlor, a musical instruments manufacturer in Indonesia, make and sell guitars. Let’s assume they operate at...
Perlor, a musical instruments manufacturer in Indonesia, make and sell guitars. Let’s assume they operate at maximum capacity, making guitars seven days a week, 52 weeks per year, with a production result of 100 guitars per week. Perlor ship all guitars they can produce as soon as they can, keeping no safety stock.
The guitars are shipped to Germany, where a wholesaler distributes them to all over Europe. Sales in units is the same as the production in Indonesia.
The value of a guitar leaving production is €200. The cost of capital is estimated to 15%. The cost for holding inventory is 10%.
Shipments dispatch every eight weeks. The shipping time is six weeks, and the cost is €5/unit.
In Germany, the wholesaler keeps a safety stock corresponding to a week of sales.
6a. What is the average inventory in Indonesia?
units
6b. What is the average inventory during shipping? units
6c. What is the average inventory in Germany? units
6d. What is the inventory holding cost in Indonesia? €/year
6e. What is the inventory holding cost during transportation? €/year
6f. What is the inventory holding cost in Germany? €/year
6g. What is the shipping cost? €/year
6h. What is the total cost , considering the total inventory carrying cost and shipping? €/year
Please answer all 8 Parts. correct and exact answer . i have to submit answer online
Homework Answers
Ans. 6(a). Opening Inventory = 0 Units and Closing Inventory = (4 x 100) = 400 Units
Therefore, Average inventory in Indonesia = 400/2 = 200 Units
Ans. 6(b). Average inventory during shipping = 400/2 = 200 Units
Ans. 6(c). Average inventory in Germany = 100 Units
Ans. 6(d). Inventory holding cost in Indonesia = (200 x 5200 x 10%) x 8/52 = 16000
Ans. 6(e). Inventory holding cost during transportation = (200 x 5200 x 10%) x 6/52 = 12000
Ans. 6(f). Inventory holding cost in Germany = (5 x 5200) x 6/52 = 3000
Ans. 6(g). Shipping cost = 5 x 5200 = 26000
Ans. 6(h). Total Cost = 16000 + 3000 + 26000 = 45000
Add Answer to:
Perlor, a musical instruments manufacturer in Indonesia, make
and sell guitars. Let’s assume they operate at...
Perlor, A musical instrument manufacturers in Indonesia
Perlor, a musical instruments manufacturer in Indonesia, make and sell guitars. Let’s assume they operate at maximum capacity, making guitars seven days a week, 52 weeks per year, with a production result of 100 guitars per week. Perlor ship all guitars they can produce as soon as they can, keeping no safety stock.The guitars are shipped to Germany, where a wholesaler distributes them to all over Europe. Sales in units is the same as the production in Indonesia.The value of...
Perlor, a musical instrument manufacturer.
Perlor, a musical instruments manufacturer in Indonesia, make and sell guitars. Let’s assume they operate at maximum capacity, making guitars seven days a week, 52 weeks per year, with a production result of 100 guitars per week. Perlor ship all guitars they can produce as soon as they can, keeping no safety stock.The guitars are shipped to Germany, where a wholesaler distributes them to all over Europe. Sales in units is the same as the production in Indonesia.The value of...
Please answer all parts. need typed answers Perlor, a musical instruments manufacturer in Indonesia, make and...
Please answer all parts. need typed answers
Perlor, a musical instruments manufacturer in Indonesia, make and sell guitars. Let's assume they operate at maximum capacity, making guitars seven days a week, 52 weeks per year, with a production result of 100 guitars per week. Perlor ship all guitars they can produce as soon as they can keeping no safety stock. The guitars are shipped to Germany, where a wholesaler distributes them to all over Europe. Sales in units is the...
What is the inventory holding cost during transportation?
Perlor, a musical instruments manufacturer in Indonesia, make and sell guitars. Let’s assume they operate at maximum capacity, making guitars seven days a week, 52 weeks per year, with a production result of 100 guitars per week. Perlor ship all guitars they can produce as soon as they can, keeping no safety stock.The guitars are shipped to Germany, where a wholesaler distributes them to all over Europe. Sales in units is the same as the production in Indonesia.The value of...
The factory needs 1,000,000 light bulbs per day ( assume 7 day a week operations ),...
The factory needs 1,000,000 light bulbs per day ( assume 7 day a week operations ), you have to average no more than $250k in fresh light bulbs in inventory on site. Your supplier is in China. Your firm "PTP" uses factory gate pricing. It is a 2 day trip from the factory to the port Shensen. The shipper only ships in groups of 5 containers of production per ship, 3 weeks on route to Seattle and 7 days by...
Jill's Job Shop buys two parts (Tegdiws and Widgets) for use in its production system from...
Jill's Job Shop buys two parts (Tegdiws and Widgets) for use in its production system from two different suppliers. The parts are needed throughout the entire 52-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from a supplier who stops by every five weeks. Data for both products are as follows: ITEM TEGDIW WIDGET Annual demand 14,000 9,000 Holding cost (% of item cost)...
A construction equipment dealer is facing a difficult inventory problem. Low inventory turnover is squeezing profit...
A construction equipment dealer is facing a difficult inventory problem. Low inventory turnover is squeezing profit margins and causing cash-flow problems. One of the top-selling SKUs in the storage is a special small appliance. Sales are 18 units per week, and the supplier charges $60 per unit. The cost of placing an order with the supplier is $45. Annual holding cost is 25 percent of a product’s value, and the shop operates 52 weeks per year. Management chose a 390-unit...
Jill's Job Shop buys two parts (Tegdiws and Widgets) for use in its production system from...
Jill's Job Shop buys two parts (Tegdiws and Widgets) for use in its production system from two different suppliers. The parts are needed throughout the entire 52-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from a supplier who stops by every two weeks. Data for both products are as follows: ITEM TEGDIW WIDGET Annual demand 9,000 9,000 Holding cost (% of item cost)...
2) Jill Job Shop (3 points) JAll's Job shop buys two parts (Tegdiws and Widgets) for...
2) Jill Job Shop (3 points) JAll's Job shop buys two parts (Tegdiws and Widgets) for use in its production system from two different sappliers. The parts ape needed throughout the entire S2-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from i supplier who stops by every three weeks. Data for both prodacts are as follows: tem Tegdw Widget 14110 5,000 Annual demand...
A golf specialty wholesaler operates 350 days per year. Management is trying to determine an inventory...
A golf specialty wholesaler operates 350 days per year. Management is trying to determine an inventory policy for its 1-irons. The cost to place orders with the supplier is $25/order; the demand averages 12,000 items per day, with a standard deviation of 3,000 item. The annual inventory holding cost is $2.00 per item. The lead time form the supplier is 5 days, with a standard deviation of 2 days. It is important to maintain a 95 percent cycle-service level to...
Please answer all parts. need typed answers
Perlor, a musical instruments manufacturer in Indonesia, make and sell guitars. Let's assume they operate at maximum capacity, making guitars seven days a week, 52 weeks per year, with a production result of 100 guitars per week. Perlor ship all guitars they can produce as soon as they can keeping no safety stock. The guitars are shipped to Germany, where a wholesaler distributes them to all over Europe. Sales in units is the...
2) Jill Job Shop (3 points) JAll's Job shop buys two parts (Tegdiws and Widgets) for use in its production system from two different sappliers. The parts ape needed throughout the entire S2-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from i supplier who stops by every three weeks. Data for both prodacts are as follows: tem Tegdw Widget 14110 5,000 Annual demand...
A golf specialty wholesaler operates 350 days per year. Management is trying to determine an inventory policy for its 1-irons. The cost to place orders with the supplier is $25/order; the demand averages 12,000 items per day, with a standard deviation of 3,000 item. The annual inventory holding cost is $2.00 per item. The lead time form the supplier is 5 days, with a standard deviation of 2 days. It is important to maintain a 95 percent cycle-service level to...
Most questions answered within 3 hours.
-
Briefly describe:
Investigating and assessing the impact of cost management
quality (CMQ) on the:
(a) effectiveness...
asked 57 minutes ago -
Part A:
Use Henry's law to determine the molar solubility of helium at a
pressure of...
asked 1 hour ago -
Can you store the following chemicals in the same storage area:
yes, no and why
a....
asked 3 hours ago -
Hello class,
I found this article to be very interesting and relevant to the
concepts we...
asked 4 hours ago -
Consider the following relational database schema, which
describes the schedule of competition among National Football
(soccer)...
asked 5 hours ago -
Use the answer choices below for the next ____
questions
A) The Heart B) Veins C)...
asked 5 hours ago -
(Java) HELP!
Create a program that will ask the user to enter their first
name and...
asked 5 hours ago -
Suppose that the weight of an newborn fawn is Uniformly
distributed between 2.5 and 4 kg....
asked 6 hours ago -
Java Programming:
Make a Java program with two processes, a producer and a
consumer. If you...
asked 5 hours ago -
A pressure as low as 1 ✕ 10-8 torr can be achieved
using an oil diffusion...
asked 5 hours ago -
Identify the 6 major steps in an operational analysis
and briefly describe what each step is...
asked 5 hours ago -
The nucleus of the atom is composed of subatomic particles, one
of them being the proton...
asked 6 hours ago