A distributor of two model of smartphones has a monthly demand of 10,000 units and 4,000...
A distributor of two model of smartphones has a monthly demand of 10,000 units and 4,000 units respectively. Smartphone A has a cost of $100 and smartphone B has a cost of $400. The company holding cost is 25%. The distributor is planning the use a single manufacturer to combine the shipments. The fixed cost of each shipment is $10,000. For each product:
A) Assuming both products are ordered and delivered independently: i) What is the optimal order frequency? ii) What is the optimal order size? iii) What is the resulting cycle inventory? iv) What is the average flow time?
B) Assuming both products are ordered and delivered jointly and the fix cost per shipment increases $1,000 to handle the additional product: i) What is the optimal order frequency? ii) What is the optimal order size? iii) What is the resulting cycle inventory? iv) What is the average flow time?
C) Assuming that products are ordered and delivered jointly but the selected products may vary per order: i) What is the optimal order frequency? ii) What is the optimal order size? iii) What is the resulting cycle inventory? iv) What is the average flow time?
Homework Answers
Add Answer to:
A distributor of two model of smartphones has a monthly demand
of 10,000 units and 4,000...
Engineering Logistics An electronics company has two contract manufacturers in Asia: Foxconn assembles its tablets and...
Engineering Logistics An electronics company has two contract manufacturers in Asia: Foxconn assembles its tablets and smart phones and Flextronics assembles its laptops. Monthly demand for tablets and smartphones is 15,000 units, whereas that for laptops is 6,000. Tablets cost the company $150, laptops cost $500, and the company has an annual holding cost of 20 percent. Currently the company has to place separate orders with Foxconn and Flextronics and receives separate shipments. The fixed cost of each shipment is...
(40pts) An electronics company has two contract manufacturers in Asia: Foxconn assembles its tablets and smart...
(40pts) An electronics company has two contract manufacturers in Asia: Foxconn assembles its tablets and smart phones and Flextronics assembles its laptops. Monthly demand for tablets and smartphones is 15,000 units, whereas that for laptops is 6,000. Tablets cost the company $150, laptops cost $500, and the company has an annual holding cost of 20 percent. Currently the company has to place separate orders with Foxconn and Flextronics and receives separate shipments. The fixed cost of each shipment is $20,000....
Zhou Bicycle Company (ZBC), located in Vancouver, is a wholesale distributor of bicycles and bicycle parts....
Zhou Bicycle Company (ZBC), located in Vancouver, is a wholesale distributor of bicycles and bicycle parts. The retail outlets receive the order from ZBC within 5 days after notifying the distribution Centre. The company receives all the models from a single manufacturer in China and shipment takes as long as 10 days from the time an order is placed. With the cost of communication, paper work, and custom clearance included, ZBC estimates that each time an order is placed, it...
A regional distributor deals with a product ABC that has an annual demand of 3000 unit....
A regional distributor deals with a product ABC that has an annual demand of 3000 unit. It costs $23 per unit and holding the unit in the warehouse cost $ .02 each day. Each time when the distributor places an order from the manufacturer, it need to pay $500 fixed ordering fee. Assuming each year has 365 days. Please answer following questions based the information provided. What is the total cost under the optimal ordering quantity? How frequently the distributor...
The Textile Company sells 175 units per month of a certain large bath towel. The unit...
The Textile Company sells 175 units per month of a certain large bath towel. The unit cost of a towel to the store is $2.50 and the cost of placing an order has been estimated to be $12.00. The store uses an inventory carrying charge of 27% per year. Compute: i. The optimal order quantity [] ii. Order frequency [] iii. The annual cost of inventory management [] iv. If, through automation of the purchasing process, the ordering cost can...
Suppose that a distributor would like to design an optimal ordering quantity at an optimal time. Their demand is at a constant rate of 1000 units per week. In addition, any time they place an order, t...
Suppose that a distributor would like to design an optimal ordering quantity at an optimal time. Their demand is at a constant rate of 1000 units per week. In addition, any time they place an order, their supplier charges them a fixed fee of $500 and $20 per unit. It also costs them $5 per unit per week to store the product in inventory. Use this information to answer the questions 1-3. 1. What is the approximate amount of products...
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...
A store faces demand for one of its popular products at a constant rate of 2,400...
A store faces demand for one of its popular products at a constant rate of 2,400 units per year. It costs the store $70 to process an order to replenish stock and $20 per unit per year to carry the item in inventory. A shipment from the supplier is typically received 12 working days after an order is placed. The store buys the product for $90 per unit and sells it for $160 per unit. At the moment the store...
Smith's Florist popular flower bouquet has a weekly demand of 40 units. Each bouquet is sold...
Smith's Florist popular flower bouquet has a weekly demand of 40 units. Each bouquet is sold for $100. The ordering cost is $60 per order. The carrying cost is 30% of the selling price per unit per year. The store operates 50 weeks a year. Required: i. Compute the Economic Order Quantity (EOQ) ii. What is the total annual carrying cost this year? iii. What is the time between orders (i.e. length of an order cycle) in weeks using EOQ.
LC Ltd is a distributor of semiconductor products. It purchases integrated circuit (IC) products from manufacturers...
LC Ltd is a distributor of semiconductor products. It purchases integrated circuit (IC) products from manufacturers at a wholesale cost of $200 and resells it to end customers. LC Ltd forecasts that demand of semiconductor products in 2019 is 600,000 units. Ordering costs are S600 per order and carrying costs are $40 per unit, including the opportunity cost of holding inventory Takashi Ltd is a manufacturer of handheld computers. It purchases materials from suppliers. The materials are stored in the...
(40pts) An electronics company has two contract manufacturers in Asia: Foxconn assembles its tablets and smart phones and Flextronics assembles its laptops. Monthly demand for tablets and smartphones is 15,000 units, whereas that for laptops is 6,000. Tablets cost the company $150, laptops cost $500, and the company has an annual holding cost of 20 percent. Currently the company has to place separate orders with Foxconn and Flextronics and receives separate shipments. The fixed cost of each shipment is $20,000....
A store faces demand for one of its popular products at a constant rate of 2,400 units per year. It costs the store $70 to process an order to replenish stock and $20 per unit per year to carry the item in inventory. A shipment from the supplier is typically received 12 working days after an order is placed. The store buys the product for $90 per unit and sells it for $160 per unit. At the moment the store...
LC Ltd is a distributor of semiconductor products. It purchases integrated circuit (IC) products from manufacturers at a wholesale cost of $200 and resells it to end customers. LC Ltd forecasts that demand of semiconductor products in 2019 is 600,000 units. Ordering costs are S600 per order and carrying costs are $40 per unit, including the opportunity cost of holding inventory Takashi Ltd is a manufacturer of handheld computers. It purchases materials from suppliers. The materials are stored in the...
Most questions answered within 3 hours.
-
A sine wave signal is displayed on the screen of an
oscilloscope. 6 peak-to-peak divisions are...
asked 1 hour ago -
a
1500 kg car accelerates from 0 to 25 m / s in 21.0s. How much...
asked 2 hours ago -
Calculate the molarity of each of the following solutions:
(a) 30.5 g of ethanol (C2H5OH) in...
asked 2 hours ago -
1 Refer to the build-borrow-or-buy framework as a decision tree
for the Adidas company. Identify a...
asked 2 hours ago -
Problem 2: The Problem of Social Cost. A Rancher and Farmer live
side-by-side to each other....
asked 4 hours ago -
a uniform bar of weight 40N is 4 meter long. weights
on 60N and 100N are...
asked 3 hours ago -
Define Diet counceling? What are the
responsibilities of a counselor?
asked 5 hours ago -
Hey im just confused about how to put the ' A angle n' and ' S...
asked 5 hours ago -
A short essay about the WSJ article on Oreo versus Hydrox.
asked 5 hours ago -
##8. A program contains the following function definition:
##def cube(num):
##return num * num * num...
asked 5 hours ago -
find the value z of a standard Normal variable that satisfies
each of the given conditions....
asked 6 hours ago -
"banana".find('z')
Out[22]: -1
why is this -1
python 3.7
asked 5 hours ago