ANNUAL DEMAND = 38744
ORDERING COST = 2.7
HOLDING COST = 25
EOQ = SQRT(2 * D * S / H), WHERE D = DEMAND, S = ORDERING COST AND H = HOLDING COST = SQRT(2 * 38744 * 2.7 / 25) = 91
Northwestern Bells stocks a certain switch connector at its central warehouse for supplying field service offices....
Northwestern Bells stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 25.041 units. Northwestern estimates its annual holding cost for this item to be 525 per unit per year. The cost to place and process an order from the supplier is 53.97 The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. What is the economic...
QUESTION 7 Northwestern Bells stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 44,530 units. Northwestern estimates its annual holding cost for this item to be $25 per unit per year. The cost to place and process an order from the supplier is 54.58. The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. What is...
Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,800 units. Southeastern estimates its annual holding cost for this item to be $24 per unit. The cost to place and process an order from the supplier is $76. The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) What is the economic order...
Johnson Electricals (JE) stocks a certain switch connector (unit cost $125) at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,000 units. JE estimates its annual holding cost for this item to be 20% of item cost. The cost to place and process an order from the supplier is $75. The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. Find...
QUESTION 26 A local retailer purchased inventory from an overseas supplier and believes the assumptions of the EOQ model are met reasonably well. Data from their accountant show annual demand (D) =19,951 units, ordering cost (S) - $42 per order, and holding cost (11) - 54 per unit per year How many times per year will she replenish her inventory of this material? (or 'How many orders will she place in one year?) Demand 19,951 unit per year ordering cost...
Please, while you solving, show the all formulas that are belonging which question 1- South eastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,000 units, Southeastern estimates its annual holding cost for this item to be $25 per unit. The cost to place and process an order from the supplier is $75. The company operates 300 days per year, and the lead-time to receive an...
a) What is the economic order quantity? _______ units (round your response to the nearest whole number). b) What are the annual holding costs? $_________(round your response to the nearest whole number). c) What are the annual ordering costs? $__________ (round your response to the nearest whole number). d) What is the reorder point? _______ units (round your response to the nearest whole number). Score: 1.5 of 2 pts 10 of 24 (23 complete) w score: 77.62% , 33.38 .....
An automobile manufacturer stocks a certain inventory item. The daily demand for the inventory item is 20 units. The company estimates its annual holding cost for this item to be $10 per unit. The cost to place and process an order from the supplier is $200. The company operates 300 days per year, and the lead time to receive an order from the supplier is 3 working days on average. (a) Find the economic order quantity. (b) Find...
The Central Hydraulic Supply Company is a distributor of hydraulic supplies in Central California. Central handles standard fittings, tubing, and similar items. Generally Central carries an entire product line for each manufacturer it represents providing local stock for rapid delivery to customers. Central stocks parts that are used in the maintenance of large construction equipment. The company operates 52 weeks per year, 6 days per week. Central has grown from a small two-person operation to a $75-million per year business...
10. 150 points Problem 11-24 Retailers Warehouse (RW) is an independent supplier of household items to department stores, RW attempts to stock enough items for a 98 percent service probability A stainless steel knife set is one item it stocks. Demand (1.900 sets per year is relatively stable over the entire year. Whenever new stock is ordered, a buyer must assure that numbers are correct for stock on hand and then phone in a new order. The total cost involved...