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Hami Company sells school ba gs and the annual demand is estima bags. The ordering cost is RM 36 per order and the h...
1- If annual demand is 50,000 units, the ordering cost is $25 per order and the...
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.
Annual demand for educational toys in the city of Lambert is 1,200 units. The fixed ordering...
Annual demand for educational toys in the city of Lambert is 1,200 units. The fixed ordering cost is $41, and the holding cost is known to be always $2 per unit per year regardless of unit price. The contract offered by the supplier is an all-units discount and consists of the following price schedule: Quantity Unit Price 1 to 199 $ 27 200 to 299 $ 26 300 to 399 $ 25 400 or more $ 24 What are the...
Rocky Mountain Tire Center sells 13,000 gocart tires per year. The ordering cost for each order...
Rocky Mountain Tire Center sells 13,000 gocart tires per year. The ordering cost for each order is $35, and the holding cost is 50% of the purchase price of the tires per year. The purchase price is $25 per tire if fewer than 200 tires are ordered, $18 per tire if 200 or more, but fewer than 5,000, tires are ordered, and $14 per tire if 5,000 or more tires are ordered. a) How many tires should Rocky Mountain order...
a) What is the optimal order quantity and the minimum annual cost for Bell Computers to...
a) What is the optimal order quantity and the minimum annual
cost for Bell Computers to order, purchase, and hold these
integrated chips?
The optimal order quantity after the change in pricing structure
is ________ units (enter your response as a whole number).
The total annual cost for Bell computers to order, purchase, and
hold the integrated chips is $____________ (round your response to
the nearest whole number).
b) Bell Computers wishes to use a 10% holding cost rather than...
demand for popsicles is 600 units per year with an ordering cost of $20 per day...
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
Remaining Time: 1 hour, 13 minutes. 08 seconds Question Completion State Moving to...
Rocky Mountain Tire Center sells 13,000 go-cart tires per year. The ordering cost for each order...
Rocky Mountain Tire Center sells 13,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 50% of the purchase price of the tires per year. The purchase price is $26 per tire if fewer than 200 tires are ordered, $16 per tire if 200 or more, but fewer than 5,000, tires are ordered, and $13 per tire if 5,000 or more tires are ordered. a) How many tires should Rocky Mountain order...
b) The quarterly demand for an item of raw materials is estimated at 2,000 units at...
b) The quarterly demand for an item of raw materials is estimated at 2,000 units at a purchase price of GH¢180 per unit. It is estimated that the cost per order will be GH¢270 and the cost of holding a unit of material in inventory will be GH¢24. Required: i. Compute the optimal order quantity, and total minimum costs. [5 marks] ii. Suppose a supplier offers 5% quantity discount for purchase of 8,000 units, should the offer be accepted [4...
M. P. VanOyen Manufacturing has gone out on bid for a regulator component. Expected demand is...
M. P. VanOyen Manufacturing has gone out on bid for a regulator component. Expected demand is 700 units per month. The item can be purchased from either Allen Manufacturing or Baker Manufacturing. Their price lists are shown in the table. Ordering cost is $50, and annual holding cost per unit is $4 Allen Quantity Unit Price Quantity $16.00 15.50 Unit Price 1-499 $16.10 15.60 5.10 400-799 1000+ 15.00 a) What is the economic order quantity if price is not a...
Data Table Annual demand for denim cloth 40,700 yards Ordering cost per purchase order $185 Carrying...
Data Table Annual demand for denim cloth 40,700 yards Ordering cost per purchase order $185 Carrying cost per year 10% of purchase costs Safety-stock requirements None Cost of denim cloth $11 per yard The purchasing lead time is 2 weeks. The Fabric World is open 220 days a year (44 weeks for 5 days a week). The Fabric World sells fabrics to a wide range of industrial and consumer users. One of the products it carries is denim cloth, used...
Bell Computers purchases integrated chips at $350 per chip. The holding cost is $37 per unit...
Bell Computers purchases integrated chips at $350 per chip. The holding cost is $37 per unit per year, the ordering cost is $122 per order and sales are steady at 400 per month. The company's supplier, Rich Blue Chip Manufacturing, Inc., decides to offer price concessions in order to attract larger orders. The price structure is shown below. Rich Blue Chip's Price Structure Quantity Purchased Price/Unit 1-99 units $350 100-199 units $325 200 or more units $300 a) What is...
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.
a) What is the optimal order quantity and the minimum annual
cost for Bell Computers to order, purchase, and hold these
integrated chips?
The optimal order quantity after the change in pricing structure
is ________ units (enter your response as a whole number).
The total annual cost for Bell computers to order, purchase, and
hold the integrated chips is $____________ (round your response to
the nearest whole number).
b) Bell Computers wishes to use a 10% holding cost rather than...
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
Remaining Time: 1 hour, 13 minutes. 08 seconds Question Completion State Moving to...
Rocky Mountain Tire Center sells 13,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 50% of the purchase price of the tires per year. The purchase price is $26 per tire if fewer than 200 tires are ordered, $16 per tire if 200 or more, but fewer than 5,000, tires are ordered, and $13 per tire if 5,000 or more tires are ordered. a) How many tires should Rocky Mountain order...
M. P. VanOyen Manufacturing has gone out on bid for a regulator component. Expected demand is 700 units per month. The item can be purchased from either Allen Manufacturing or Baker Manufacturing. Their price lists are shown in the table. Ordering cost is $50, and annual holding cost per unit is $4 Allen Quantity Unit Price Quantity $16.00 15.50 Unit Price 1-499 $16.10 15.60 5.10 400-799 1000+ 15.00 a) What is the economic order quantity if price is not a...
Data Table Annual demand for denim cloth 40,700 yards Ordering cost per purchase order $185 Carrying cost per year 10% of purchase costs Safety-stock requirements None Cost of denim cloth $11 per yard The purchasing lead time is 2 weeks. The Fabric World is open 220 days a year (44 weeks for 5 days a week). The Fabric World sells fabrics to a wide range of industrial and consumer users. One of the products it carries is denim cloth, used...
Bell Computers purchases integrated chips at $350 per chip. The holding cost is $37 per unit per year, the ordering cost is $122 per order and sales are steady at 400 per month. The company's supplier, Rich Blue Chip Manufacturing, Inc., decides to offer price concessions in order to attract larger orders. The price structure is shown below. Rich Blue Chip's Price Structure Quantity Purchased Price/Unit 1-99 units $350 100-199 units $325 200 or more units $300 a) What is...
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