Question

Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUS at a constant rate of 18,700 units per ye

a. What is Leaky Pipes optimal order quantity= 775 units b. What is the optimal number of orders per year 38.7 orders per ye

Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUS at a constant rate of 18,700 units per year. It costs Leaky Pipe $15 to process placed. No backordering is allowed. Assume 250 working days a year. an order to replenish stock and $2.00 per unit per year to carry the item in stock. Stock is received 2 working days after an order is
a. What is Leaky Pipe's optimal order quantity= 775 units b. What is the optimal number of orders per year 38.7 orders per year c. What is the optimal interval (In working days) between orders 7.75 days d. What is the demand during the lead time 400 units e. What is the reorder point 400 units f. What Is the Inventory position immediately after an order has been placed 1175 units
0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUS at a constant rate of 18,700 units...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at...

    Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of 30,000 units per year. It costs Leaky Pipe $10 to process an order to replenish stock and $1 per unit per year to carry the item in stock. Stock is received 4 working days after an order is placed. No backordering is allowed. Assume 300 working days a year. a. What is Leaky Pipe’s optimal order quantity? b. What is...

  • Leaky​ Pipe, a local retailer of plumbing​ supplies, faces demand for one of its SKUs at...

    Leaky​ Pipe, a local retailer of plumbing​ supplies, faces demand for one of its SKUs at a constant rate of 18 comma 700 units per year. It costs Leaky Pipe ​$35 to process an order to replenish stock and ​$6.00 per unit per year to carry the item in stock. Stock is received 12 working days after an order is placed. No backordering is allowed. Assume 250 working days a year. a. Leaky​ Pipe's optimal order quantity is 467 nothing...

  • At Dot Com, a large retailer of popular books, demand is constant at 34,000 books per year. The cost of placing an ord...

    At Dot Com, a large retailer of popular books, demand is constant at 34,000 books per year. The cost of placing an order to replenish stock is $5, and the annual cost of holding is $2.00 per book. Stock is received 15 working days after an order has been placed. No backordering is allowed. Assume 325 working days a year. a. Dot Com's optimal order quantity is 1130 books. (Enter your response rounded to the nearest whole number.) b. The...

  • At Dot Com, a large retailer of popular books, demand is constant at 20,400 books per...

    At Dot Com, a large retailer of popular books, demand is constant at 20,400 books per year. The cost of placing an order to replenish stock is $75, and the annual cost of holding is $5.00 per book. Stock is received 15 working days after an order has been placed. No backordering is allowed. Assume 250 working days a year. a. Dot Com's optimal order quantity is books. (Enter your response rounded to the nearest whole number.) b. The optimal...

  • 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...

  • QUESTION 26 A local retailer purchased inventory from an overseas supplier and believes the assumptions of...

    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...

  • menu iterm. The pizza is ordered frozen from a local pizza establishment and baked at the...

    menu iterm. The pizza is ordered frozen from a local pizza establishment and baked at the cafeteria. Judith anticipates a weekly demand of 10 pizzas. The cafeteria is open 45 weeks a 4) Judith Thompson is the manager of the student center cafeteria. She is introducing piza year, 5 days a week. The ordering cost is $15 and the holding cost is $0.40 per pizza per year What is the optimal number of pizzas Judith should order? 5) The annual...

  • Eagle Insurance is a large insurance company chain with a central inventory operation. The company’s fastest-moving...

    Eagle Insurance is a large insurance company chain with a central inventory operation. The company’s fastest-moving inventory item has a demand of 80,000 units per year. The cost of each unit is $200, and the inventory carrying cost is $15 per unit per year. The average ordering cost is $60 per order. It takes about 2 days for an order to arrive. This is a corporate operation, and there are 250 working days per year. (Please show all work including...

  • question 2 1) David and Beth Sheba run a health food store. Their top selling item...

    question 2 1) David and Beth Sheba run a health food store. Their top selling item is called Heavenly Kelp. The annual demand for this is 810 units, and demand is constant throughout the year. The cost of placing an order is $20, while the holding cost per unit per year is $4. Determine the economic order quantity a) 80 b) 90 c) 360 d ) 180 e) None of these (Question 2 and 3) Ivonne Callen sells beauty supplies....

  • The Try to Have Just One' (THJO) sunflower seed company roasts and seasons sunflower seeds (in...

    The Try to Have Just One' (THJO) sunflower seed company roasts and seasons sunflower seeds (in shell). For their production, they require a specific type of oil that they source from a local supplier; the leadtime on orders is 3 days. The oil comes in a box that is lined with plastic, with each box of oil costing THJO $48. Demand averages 50 boxes per day, with a standard deviation of 24.45 (assume that they run production 365 days/year). Ordering...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT