PLease show the work of the right answer, no excel work
correct answer is B
Homework Answers
Economic Order Quantity is a type of inventory management technique where the companies decide how much they should order the stock in one batch so that the annual inventory cost is minimized.
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PLease show the work of the right answer, no excel work
correct answer is B
Consider...
*** Please show the work of the right answer. don't post excel work the correct answer...
*** Please show the work of the right answer. don't post excel
work
the correct answer is C
Suppose that a plant manager has taken OM course, and so she uses economic batch sizes for production of a product. Suppose further that the setup cost is $50, the holding cost per unit per year is $10, the annual demand is 30,000 units, the firm operates (and experiences demand) 300 days per year, and the production rate per day is 1000...
Please answer question 2 and 3. Q2 (33 points) A manufacturer produces and sells bottled drinks....
Please answer question 2 and 3.
Q2 (33 points) A manufacturer produces and sells bottled drinks. Their production capacity is 570 units daily, but their sales at the moment are estimated at 400 units per day. The manufacturer produces Mondays through Fridays. The variable cost for production is $1.5. The manufacturer incurs about $250 labor cost per production order for setups. Accounting estimates annual holding costs as $0.30 per unit. a) Determine the optimal production quantity for the bottled drinks....
Need help on E, F, and G. PA 12-3 Joe Birra needs to purchase malt for...
Need help on E, F, and G.
PA 12-3 Joe Birra needs to purchase malt for his... Joe Birra needs to purchase malt for his micro-brew production. His supplier charges $40 per delivery (no matter how much is delivered) and $1.25 per gallon. Joe's annual holding cost is 30% of the price per gallon. Joe uses 200 gallons of malt per week. a. Suppose Joe orders 125 gallons each time. What is his average inventory? gallons (Round your answer to...
A manufacturer keeps a continuous inventory review system on the key component, part X. The annual...
A manufacturer keeps a continuous inventory review system on the key component, part X. The annual demand on part X is 12,000 units and the demand rate is constant. The supplier charges $50 for each unit of part X. Each order costs $150 to process and annual holding cost per unit is 20% of the purchase price. (a) What is the economic order quantity? How many orders will be placed each year (365 days)? If the lead time is 3...
Excel Online Structured Activity: EOQ Calculation The Las Vegas Corporation purchases a critical component from one...
Excel Online Structured Activity: EOQ Calculation The Las Vegas Corporation purchases a critical component from one of its key suppliers. The operations manager wants to determine the economic order quantity, along with when to reorder, to ensure the annual inventory cost is minimized. The information obtained from historical data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Round your answers...
i need this answer because the answer is different than what i do , i attached...
i need this answer because the answer is different than what i
do , i attached my work please chick it as well if its right or
wrong
which one better 200 or 192.15 ? it depend on what
SECTION B- 40 MARKS Please solve given problems. Marks for each question is given in the bracket Q1 (6 Points): Etisalat purchases switches at AED 1400 per switch. The holding Price per unit, the ordering cost is AED 500 per order,...
Here is the first part of the question Task 1. A wholesale distributor stocks and sells...
Here is the first part of the question Task 1. A wholesale distributor stocks and sells low flow toilets to contractors for use in commercial office buildings. The estimated annual demand for the toilets is 5,475 units. The estimated average demand per day is 18 units. The purchase cost from the toilet manufacturer is $135.00 per unit. The lead-time for a new order is 5 days. The ordering cost is $90.00 per order. The average holding cost per unit per...
Aqua Pure purchases 50,000 gallons of distilled water each year. Ordering costs are $100 per order,...
Aqua Pure purchases 50,000 gallons of distilled water each year. Ordering costs are $100 per order, and the carrying cost, as a percentage of inventory value, is 80 percent. The purchase price to CCC is $0.50 per gallon. Management currently orders the EOQ each time an order is placed. No safety stock is carried. The supplier is now offering a quantity discount of $0.03 per gallon if CCC orders 10,000 gallons at a time. Should CCC take the discount? WHY?...
Please solve it in Excel with showing calculation 4. Target purchases home goods made by a...
Please solve it in Excel with showing calculation
4. Target purchases home goods made by a supplier in China. Target's stores in the United States sell 200,000 units of home goods each month. Each unit costs $10 and the com- pany has an annual holding cost of 20 percent. Placing a replenishment order incurs clerical costs of $500/order. The shipping company charges $5,000 as a fixed cost per ship- ment along with a variable cost of $0.10 per unit shipped....
A local family sports store sells basketball. The store orders the balls from a manufacturer at...
A local family sports store sells basketball. The store orders the balls from a manufacturer at a cost of $250 per order. The annual holding cost is $6 per unit per year. The purchase price of a basketball is $40 per unit per year. The store has a demand for 48,000 balls per year. The s tock is received 5 working days after an order has been placed. No backorders are allowed. Assume 300 working days a year. a. What...
*** Please show the work of the right answer. don't post excel
work
the correct answer is C
Suppose that a plant manager has taken OM course, and so she uses economic batch sizes for production of a product. Suppose further that the setup cost is $50, the holding cost per unit per year is $10, the annual demand is 30,000 units, the firm operates (and experiences demand) 300 days per year, and the production rate per day is 1000...
Please answer question 2 and 3.
Q2 (33 points) A manufacturer produces and sells bottled drinks. Their production capacity is 570 units daily, but their sales at the moment are estimated at 400 units per day. The manufacturer produces Mondays through Fridays. The variable cost for production is $1.5. The manufacturer incurs about $250 labor cost per production order for setups. Accounting estimates annual holding costs as $0.30 per unit. a) Determine the optimal production quantity for the bottled drinks....
Need help on E, F, and G.
PA 12-3 Joe Birra needs to purchase malt for his... Joe Birra needs to purchase malt for his micro-brew production. His supplier charges $40 per delivery (no matter how much is delivered) and $1.25 per gallon. Joe's annual holding cost is 30% of the price per gallon. Joe uses 200 gallons of malt per week. a. Suppose Joe orders 125 gallons each time. What is his average inventory? gallons (Round your answer to...
Excel Online Structured Activity: EOQ Calculation The Las Vegas Corporation purchases a critical component from one of its key suppliers. The operations manager wants to determine the economic order quantity, along with when to reorder, to ensure the annual inventory cost is minimized. The information obtained from historical data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Round your answers...
i need this answer because the answer is different than what i
do , i attached my work please chick it as well if its right or
wrong
which one better 200 or 192.15 ? it depend on what
SECTION B- 40 MARKS Please solve given problems. Marks for each question is given in the bracket Q1 (6 Points): Etisalat purchases switches at AED 1400 per switch. The holding Price per unit, the ordering cost is AED 500 per order,...
Please solve it in Excel with showing calculation
4. Target purchases home goods made by a supplier in China. Target's stores in the United States sell 200,000 units of home goods each month. Each unit costs $10 and the com- pany has an annual holding cost of 20 percent. Placing a replenishment order incurs clerical costs of $500/order. The shipping company charges $5,000 as a fixed cost per ship- ment along with a variable cost of $0.10 per unit shipped....
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