Johnson Electricals (JE) stocks a certain switch connector (unit cost $125) at its central warehouse for...
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 the economic order quantity.
- Find the annual holding costs.
- Find the annual ordering costs.
- What is the reorder point?
- If JE orders at least 500 units, the supplier will reduce the unit cost to $120. Should JE stick to the EOQ of (a) or use a different order quantity? Justify your answer with cost calculations.
(I mostly need part e)
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Johnson Electricals (JE) stocks a certain switch connector (unit
cost $125) at its central warehouse for...
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QUESTION 7 Northwestern Bells stocks a certain switch connector at its central warehouse for supplying field...
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Please, while you solving, show the all formulas that are belonging which question 1- South eastern...
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...
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 .....
QUESTION 26 A local retailer purchased inventory from an overseas supplier and believes the assumptions of...
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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...
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 .....
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...
2 a) A h tpI ighways maintenance site office need a steady demand for paper supply at nual It is estimated that the cost of processing each the rate of 200 packs per ann is $480 and the cost of holding the paper in stock is $3 per pack per annua, Tabulate the annually holding and ordering costs for this item overa range of ordering intervals and batch sizes (order quantity)7訂'D () What is the economic batch size (E0Q) for...
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