Question: 1 . ( 5 Points ) Using the information provided and your class lecture notes, determine the following ( PLEASE SHOW ALL WORK ) :

1.(5 Points) Using the information provided and your class lecture notes, determine the following (PLEASE SHOW ALL WORK):
a. ORDER POINT: _______________________
b. LINE POINT:
c. EOQ:
d. If this item is a CYCLE ITEM, and the EFFECTIVE QUANITY is 75. How much would you order:__________________________
e. How much would you order if this an EOQ Item: _______________________________________
2.(2.5 Points) In class, we discussed the various pricing and discount setup combinations for a Distributor. What were the two (2) primary factors used in determining these various options?
3.(5 Points). Apply the appropriate multiplier/discount to Retail Price ($145.50). You have decided to use one of three (3) discounts 5%7% & 10% depending on the type of Customer as part of your Pricing Strategy.
Please show both Discount applied and final cost in your answer.
Regular Customer who is a Charge Customer: First Time Walk-in Customer: Regular Customer who is a Cash Customer: Normally, who will get your best price and why?
4.(2.5 Points) In class, we discussed the various types of Sales Order Types for the Infor DistributionSuite ERP. Which type does not allocate inventory and why?
5.(1.25 Points) During David Durens presentation, He discussed your Personal Value Proposition. He stated that you start with _____________.
6.(2.5 Points) Inventory Management was described as a combination of two
(2) parts. List both parts including what makes them both up?
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
7.(5 Points) In class, we discussed several reasons why you would not order the Recommended Order Quantity (ROQ) provided by your ERP System. List four (4) of these reasons:
1.
2.
3.
4.
8.(1.25 Points) In the MDM article, Distributors2024 Sales Growth Outlook by End Market. What was the largest forecast option overall?
_______________________________________________________________________________USE THIS INFORMATION FOR HOMEWORK ASSIGNMENT #2- QUESTION #1.
The necessary formulas are provided in Class #6 & Class 37 Lecture slides.
Inventory Management Order Point/Line Point/EOQ
AVG Monthly Demand/Usage Rate =400 Units
Review Cycle =15 Days (1)/(2) Month
Safety Stock %=50%
Carrying Cost (K Cost)=35%0r .35
Ordering Cost (R Cost)=8.50
Lead Time =2 x Weeks (1)/(2) month
Unit Cost = $10.65
Please submit via CANVAS. If you are unsure that it has been submitted, please send it as an email attachment.
Although you may discuss this with fellow IDIS 344 students, each student might submit a paper containing his/her own work.
Show work for Question #1 on this page.

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