Question: ( 2 0 points ) Volatile Industries originally estimated its annual demand for the TurboX 2 5 9 as 8 0 0 units per year
points Volatile Industries originally estimated its annual demand for the TurboX as units per year and its holding costs for the same item as $ annually. Volatile has discovered at the end of the year that annual demand is only units and holding costs per unit per year are closer to $ The only good news is that Volatile figured orders cost $ to place when they really cost just $ each. Volatile now wants to know the significance of these mistakes on last year's decisions. Conduct sensitivity analysis to determine the percent change of the errors on last year's decision.
a points What was the combined effect of these errors on the economic order quantity for the TurboX product? Express your answer as a percentage.
b points What was the individual effect of each error on the economic order quantity for this product? Express your answer as a percentage.
c points What was the combined effect of these errors on the total relevant costs for last year? Express your answer as a percentage.
d points What was the individual effect of each error on the minimum total relevant cost for last year? Express your answer as a percentage.
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