b-The following represent four independent situations from which one amount is missing. Products Annual Quantity Carrying...
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b-The following represent four independent situations from which one amount is missing. Products Annual Quantity Carrying (Holding) Cost/Unit rdering Cost/Order Beta Alpha Zod Sima Required: 4,500 ? 3,600 3,500 $1 $30 $0.12 S? S? $10 $6 $5 EOQ 300 80 ? 125 1- Calculate the missing figures for each of the cases.(12 marks) 2- Calculate the number of orders that will be placed each year. (6 marks) 3- Give examples of costs included in annual carrying (holding) costs of stock when using the EOQ decision model. (5 marks) 4- Prepare a graph for case C.(5 marks) 5- Currently the company purchases product C for $5 per unit. The company has been offered a 1 per cent discount on the cost of product C if it places orders in quantities of 1,200. Discuss whether the company should accept the discount and place larger orders. Show your workings. (12 marks) b-The following represent four independent situations from which one amount is missing. Products Annual Quantity Carrying (Holding) Cost/Unit rdering Cost/Order Beta Alpha Zod Sima Required: 4,500 ? 3,600 3,500 $1 $30 $0.12 S? S? $10 $6 $5 EOQ 300 80 ? 125 1- Calculate the missing figures for each of the cases.(12 marks) 2- Calculate the number of orders that will be placed each year. (6 marks) 3- Give examples of costs included in annual carrying (holding) costs of stock when using the EOQ decision model. (5 marks) 4- Prepare a graph for case C.(5 marks) 5- Currently the company purchases product C for $5 per unit. The company has been offered a 1 per cent discount on the cost of product C if it places orders in quantities of 1,200. Discuss whether the company should accept the discount and place larger orders. Show your workings. (12 marks)
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Calculation EOQ for Product EOQ 240 c 2X3600x6 012 A Annual demand or... View the full answer
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: ?978-0073379609
15th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
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