A manufacturer in informs you that due to limited production capacity and high demand, they cannot...
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A manufacturer in informs you that due to limited production capacity and high demand, they cannot ship your order at once, but instead will ship you 300 filters per day until the order is filled. Again, the company is open for business 20 days per month, 12 months per year and it takes 2 days for an order to arrive once it has been placed. Carrying cost - P 2.00 Ordering cost - P 10 Annual demand - 36,000 Annual days - 240 Demand rate - 150.00 Production rate - 300 What is the reorder point? What is the maximum inventory level? The quantity to order is ______? What is the total annual inventory cost? (two decimal places) A manufacturer in informs you that due to limited production capacity and high demand, they cannot ship your order at once, but instead will ship you 300 filters per day until the order is filled. Again, the company is open for business 20 days per month, 12 months per year and it takes 2 days for an order to arrive once it has been placed. Carrying cost - P 2.00 Ordering cost - P 10 Annual demand - 36,000 Annual days - 240 Demand rate - 150.00 Production rate - 300 What is the reorder point? What is the maximum inventory level? The quantity to order is ______? What is the total annual inventory cost? (two decimal places)
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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