demand for popsicles is 600 units per year with an ordering cost of $20 per day and a holding cost of $1.35 per unit per year. What is the total annual cost at the optimal behavior given the following price breaks? You pay $5.00 per unit for 1 to 49 units. $4.5 per unit for 50 to 249 units and $4.1 per unit for 250units or up
Economic Order Quantity
demand for popsicles is 600 units per year with an ordering cost of $20 per day...
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
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...
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
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...
Transparent Processing System QUESTION 9 A product has a demand of 414 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 414 per month order cost $20 per order holding cost $4 per unit per year Excel Access
1- If annual demand is 50,000 units, the ordering cost is $25 per order and the holding cost is $5 per unit per year, which of the following is the optimal order quantity using the fixed-order quantity model? A. 909 B. 707 C. 634 D. 500 ANS.
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
The annual demand for a product has been projected to be 2,000 units. This demand is assumed to be constant throughout the year. The ordering cost is $20 per order, and the holding cost is $20 percent of the purchase cost. Currently, the purchase cost is $40 per unit. There are 250 working days per year. Whenever an order is placed, it is known that the entire order will arrive on a truck in 6 days. If the holding cost...
Annual demand for an item is 1,250,000 units. The holding cost rate is 20% of the item cost. Ordering costs are $4 per order. Quantity discounts are available according to the schedule below: Quantity Price per Unit ($) 1-999 1.15 1,000-2,499 1.10 2,500-4,999 1.08 5,000+ 1.05 What is the total annual cost of your policy? ~$1,313,949 ~$1,351,540 ~$1,377,276 ~$1,422,620 Assume 52 5-day weeks per year. If the lead-time is 1 weeks, what should the reorder point be? If necessary, round...
The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual inventory holding cost is 20% of item cost. 1. What is the optimal order quantity, given the following price breaks for purchasing the item? 2. What price should the firm pay per unit? 3. What is the total annual cost at the optimal behavior? Quantity Price 1-9 $2.95 per unit 10 - 999 $2.50 per unit 1,000 - 4,999 $2.30...