Homework Answers
EOQ = sqrt((2*annual demand*ordering cost)/holding cosst per unit per year)
=sqrt((2*414*12*20)/4) = 222.8901075
Holding and setup cost =
(222.8901075/2)*4+((414*12)/222.8901075)*20 = 891.5604298 per
year
Add Answer to:
Transparent Processing System QUESTION 9 A product has a demand of 414 units per month. Ordering...
A product has a demand of 436 units per month. Ordering cost is $20, and holding...
A product has a demand of 436 units per month. Ordering cost is $20, and holding cost is $4 per unit per year. The EOQ model is appropriate. The total management cost (holding and setup costs only) for this product will be per year. demand 436 per month order cost $20 per order holding cost $4 per unit per year Excel Access QUESTION 29 A drone company builds its own motors, which are then put into each drone. While the...
A product has a demand of 374 units per month. Ordering cost is $20, and holding...
A product has a demand of 374 units per month. Ordering cost is $20, and holding cost is super por you. TheronThe management cost (holding and setup costs only for this product will be per year, demand 374 per month order cost $20 per order holding cost $4 per unit per year Excel Access
product has a demand of 10,000 units per year. Ordering cost is RO 60, and holding...
product has a demand of 10,000 units per year. Ordering cost is RO 60, and holding cost is RO 4 per unit per year. The EOQ model is appropriate. The cost-minimizing solution for this product will cost per year in total annual nventory (holding and setup) costs. Round-up to the nearest Integer Select one: a. RO1200 b. Zero; this is a class C item. c. RO 2191 d. RO 800 Next page
3 points A local retailer purchased inventory from an overseas per and believes the won of...
3 points A local retailer purchased inventory from an overseas per and believes the won of the model wamewably will Data from the constant show and demand (11907 ordering cost (5) 342 per order and holding cool (M) S4 per un per year how many times per year wil she replenish her inventory of this material? Tany orders will be place in one year) Demand ordering cost holding cost Excel ACESS 11.087 per year 542 per order 54 per unit...
A firm has been ordering a certain item 600 units at a time. The firm...
A firm has been ordering a certain item 600 units at a time. The firm estimates that ordering cost is $200/order, and that annual demand is 1800 units per year. The assumptions of the basic EOQ model are thought to apply. For what value of holding cost (H: avg $cost of holding one piece for 1 year) would their ordering policy (600 units per order) be economically optimal (be the EOQ)? EOQ = Sq Root[(2D*S)/H] Where: D...
QUESTION 9 A local retailer purchased Inventory from som show anual demand (D) 2010 units, ordering...
QUESTION 9 A local retailer purchased Inventory from som show anual demand (D) 2010 units, ordering 42 do wg Inventory of the material for How many orders will the place in one Demand 28.809 unit per year ordering cost 542 per order holding cost 54 per unit per year Excel Access
Quest Question 1 Given the following data: D = 60.825 units per year. S=5120 persetup. P...
Quest Question 1 Given the following data: D = 60.825 units per year. S=5120 persetup. P = 55 per unit and I25% per year, EOQ 3.113 units Calculate annual costs of holding and setup following EOQ behavior 3 points annual demand setup cost product price holding cost as to of price current order quantity Excel ACES 60.325 units per year 5120 per setup 55 per unit 25 3.113 units per order
QUESTION 26 An large auto repair shop has been purchasing windshields for their cars at the...
QUESTION 26 An large auto repair shop has been purchasing windshields for their cars at the rate of 250 windshields per order. The firm estimates that carrying for holding cost is $29 per year, and that ordering cost is about $271 per order. The current price of each windshield is $200. The assumptions of the basic EOQ model apply. For what annual demand (D) is their current action optimal? units per order holding cost order cost product cost 250 units...
The cost accounting department has asked you to check their EoQ figures. You have been given...
The cost accounting department has asked you to check their EoQ figures. You have been given the following data: demand is 16,728 units per quarter, S = $120 per setup, P = $5 per unit, and I = 25% per unit per year, 600-3,017 units. Calculate total annual inventory costs including setup, holding and product cost. Excel Access QUESTION 33 The graph below plots two different types of cost as a function of the order quantity in the EOQ model....
QUESTION 27 A local retailer purchased Inventory from an oversens supplier and believes the assumptions of...
QUESTION 27 A local retailer purchased Inventory from an oversens supplier and believes the assumptions of the EOQ model are met reasonably well. Data from their accountant show annual demand (D) -6,588 units, ordering cost (S) - $42 per order, and holding cost 1) - $4 per unit per year How many times per year will she replenish her Inventory of this material for 'How many orders will she place in one year?') Demand 6,588 unit per year ordering cost...
A product has a demand of 436 units per month. Ordering cost is $20, and holding cost is $4 per unit per year. The EOQ model is appropriate. The total management cost (holding and setup costs only) for this product will be per year. demand 436 per month order cost $20 per order holding cost $4 per unit per year Excel Access QUESTION 29 A drone company builds its own motors, which are then put into each drone. While the...
A product has a demand of 374 units per month. Ordering cost is $20, and holding cost is super por you. TheronThe management cost (holding and setup costs only for this product will be per year, demand 374 per month order cost $20 per order holding cost $4 per unit per year Excel Access
product has a demand of 10,000 units per year. Ordering cost is RO 60, and holding cost is RO 4 per unit per year. The EOQ model is appropriate. The cost-minimizing solution for this product will cost per year in total annual nventory (holding and setup) costs. Round-up to the nearest Integer Select one: a. RO1200 b. Zero; this is a class C item. c. RO 2191 d. RO 800 Next page
3 points A local retailer purchased inventory from an overseas per and believes the won of the model wamewably will Data from the constant show and demand (11907 ordering cost (5) 342 per order and holding cool (M) S4 per un per year how many times per year wil she replenish her inventory of this material? Tany orders will be place in one year) Demand ordering cost holding cost Excel ACESS 11.087 per year 542 per order 54 per unit...
QUESTION 9 A local retailer purchased Inventory from som show anual demand (D) 2010 units, ordering 42 do wg Inventory of the material for How many orders will the place in one Demand 28.809 unit per year ordering cost 542 per order holding cost 54 per unit per year Excel Access
Quest Question 1 Given the following data: D = 60.825 units per year. S=5120 persetup. P = 55 per unit and I25% per year, EOQ 3.113 units Calculate annual costs of holding and setup following EOQ behavior 3 points annual demand setup cost product price holding cost as to of price current order quantity Excel ACES 60.325 units per year 5120 per setup 55 per unit 25 3.113 units per order
QUESTION 26 An large auto repair shop has been purchasing windshields for their cars at the rate of 250 windshields per order. The firm estimates that carrying for holding cost is $29 per year, and that ordering cost is about $271 per order. The current price of each windshield is $200. The assumptions of the basic EOQ model apply. For what annual demand (D) is their current action optimal? units per order holding cost order cost product cost 250 units...
The cost accounting department has asked you to check their EoQ figures. You have been given the following data: demand is 16,728 units per quarter, S = $120 per setup, P = $5 per unit, and I = 25% per unit per year, 600-3,017 units. Calculate total annual inventory costs including setup, holding and product cost. Excel Access QUESTION 33 The graph below plots two different types of cost as a function of the order quantity in the EOQ model....
QUESTION 27 A local retailer purchased Inventory from an oversens supplier and believes the assumptions of the EOQ model are met reasonably well. Data from their accountant show annual demand (D) -6,588 units, ordering cost (S) - $42 per order, and holding cost 1) - $4 per unit per year How many times per year will she replenish her Inventory of this material for 'How many orders will she place in one year?') Demand 6,588 unit per year ordering cost...
Most questions answered within 3 hours.
-
Minitab Problem: Take the Lake Hume June rainfall data and find
use the processes outlined in...
asked 3 minutes ago -
X Company is trying to decide whether to continue using old
equipment to make Product A...
asked 4 minutes ago -
IN PYTHON ONLY !! Program 2: Re-work
program #5 (WeeklyHours) from the previous assignment such that...
asked 40 minutes ago -
The average length of time between arrivals at a turnpike
toll-booth is 26 seconds. What is...
asked 2 hours ago -
(a) A piston at 6.1 atm contains a gas that occupies a volume of
3.5 L....
asked 3 hours ago -
Please answer true or false. Words
cannot be changed or added in to make it true...
asked 3 hours ago -
An empty test tube weighs 15.923 grams. Then,
MgCl2•6H2O is added into the test tube. After...
asked 3 hours ago -
Assume memory access is 10 units of time and disk access is
10000 units of time....
asked 3 hours ago -
1. Are all good samples random?
2. Magazines often report surveys giving statistics such as “63%...
asked 4 hours ago -
Under all the various types of market structures, firms
must eventually earn some economic profits for...
asked 3 hours ago -
Consider the following fitness regime for a single locus trait
with two co-dominant alleles: w11 =...
asked 4 hours ago -
A large cable company reports the following.
80% of its customers subscribe to its cable TV...
asked 4 hours ago