If D = 7,800 per month, S = $46 per order, and H= $2.50 per unit per month, a) What is the economic order quantity? The EOQ is units (round your response to the nearest whole number).
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- If D = 7,800 per month, S = $46 per order, and H= $2.50 per unit per month, a) What is the economic order quantity? The EOQ is units (round your response to the nearest whole number).Southeastern 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 $24 per unit. The cost to place and process an order from the supplier is $73. The company operates 300 days per year, and the lead time to receive an order from the supplier is 3 working days.If D = 8,500 per month, S = $46 per order, and H = $2.00per unit per month, a) What is the economic order quantity? The EOQ is enter your response here units (round your response to the nearest whole number).
- Given the following information, compute the economic order quantity, annual holding cost, annual order cost, and annual total inventory cost. Annual requirements (R) = 50,000 units Order cost (S) = $150 per order Holding rate (k) = 15% Unit cost (C) = $100 per unitAbey Kuruvilla, of Parkside Plumbing, uses 1,250 of a certain spare part that costs $26 for each order, with an annual holding cost of $27. a) Calculate the total cost for order sizes of 25, 40, 50, 60, and 100 (round your responses to two decimal places). b) What is the economic order quantity? units (round your response to two decimal places).Annual purchasing salaries are $65,000, operating expenses for the purchasingdepartment are $25,000, and inspecting and receiving costs are $25 per order. If thepurchasing department places 9000 orders a year, what is the average cost of ordering? What is the annual cost of ordering?
- (a) What is the expected jet fuel yearly average demand D?(b) Given D, find the order lot size Q that gives the economic order quantity (EOQ).(c) Given the EOQ, what is the total inventory holding cost?(d) Given the EOQ, what is the total inventory ordering cost?(e) Given the EOQ, what is the total annual inventory cost?(f) What is the time between orders in weeks? The airport is convinced that placing an order every season (every P = 13weeks) will be best. It is also aware that the expected demand will varywith a standard deviation of 20 tons, so it needs to take this information into account. (g) What is the protection period required by the proposed 13-week periodic review system?(h) The airport is required by the airlines to maintain a 99.75% service level.What is the required safety stock?(i) Calculate the order size (Q) when using P = 13.(j) What is the total annual inventory cost for the P = 3 inventory system?(k) What is the target inventory level (T)? The airport has shopped…Energyzer , a regional electronics retailer , estimates that sells 13 , 000 4-packs of batteries per year (or 250 per week). Each 4-pack of batteries costs the retailer $2.00; with a carrying cost rate of 32%; and ordering costs of $40.00 per order. a. Calculate the optimum order period—in terms of weeks , b. Calculate the economic order quantity PLEASE SHOW WORKAbey Kuruvilla, of Parkside Plumbing, uses 1,200 of a certain spare part that costs $25.00 for each order, with an annual holding cost of $24.00. a) Calculate the total cost for order sizes of 25, 40, 50, 60, and 100 (round your response to the nearest whole number). b) What is the economic order quantity? units (round your response to the nearest whole number). Order Size 25 40 50 60 100 Total Cost ($)
- For a particular SKU, the lead time is 6 weeks, the average demand is 90 units aweek, and safety stock is 200 units. What is the average inventory if 10 weeks’ supply is ordered at one time? What is the order point?Annual demand (D) for an item is 1,000 units. Ordering Cost (S) is $100 per order. Holding cost (H) is $5 per unit per year. Find economic order quantity (Q*). 400 units 141.4 units 200 units 40,000 units 100 unitsFisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fisk anticipates sales of 97,200 units per year, an ordering cost of $4 per order, and carrying costs of $1.50 per unit. What is the economic ordering quantity? How many orders will be placed during the year? What will the average inventory be? What is the total cost of ordering and carrying inventory?