Question: 1: ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. If we have the following
1: ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. If we have the following information: Annual demand is 8000 unit Holding cost $1200 per unit Setup cost $50 The economic order quantity (Q) 80 unit Working day/ year is 250 And the leading time is 5 Use the above information to answer this questions: 1. What is the annual holding costs? 2. What is the annual setup costs? 3. What is Expected Number Orders (N)? 4. What is Expected time between orders (T) 5. What is Demand per day (d)? 6. What is The reorder point (ROP)? || Question 2: The Ackrana Security Company intends to manufacture video security cameras. The costs of acquiring the necessary plant and machinery and meeting other fixed costs are put at $319000. The variable cost of producing one of its cameras is estimated to be $35 and the company plans to sell them at $90 each. What number of sets must it sell to break even
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