Question: 1. Write answer in the corresponding answer box 2. Show calculations Q1 - Optimal order size Koffeesrus buys Organic and Regular coffees from different suppliers

1. Write answer in the corresponding answer box 2. Show calculations Q1 - Optimal order size Koffeesrus buys Organic and Regular coffees from different suppliers and sell them online. Annual demand, order cost (sum of both common order cost and product-specific order cost), product cost, and inventory holding cost of each coffee are summarized in Table 1. Table 1: Ordering and inventory holding cost Annual demand (units per year Order cost ($) Cost of product ( per unit) Inventory-holding cost of product cost) Regular D. 400 SA=50 CA 20 h = 20% Organic D = 60 SE= 60 C. 40 20% (1-1) Koffeesrus orders two coffees separately. For each coffee, calculate optimal order size (economic order quantity, EOQ), cycle inventory, and order frequency and fill out the table below. Show calculations. Regular Organic Optimal order size (units per orden Cycle inventory (units) Order frequency (per year)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
