Question: A company will begin stocking remote control devices. Expected monthly demand is 7 5 0 units. The controllers will be purchased from RCD supplier offering

A company will begin stocking remote control devices. Expected monthly demand is 750 units. The controllers will be purchased from RCD supplier offering price breaks for quantities. RCDs price list is given here
Quantity Range
Unit Price
0 to 199
16.00
200 to 399
15.70
400 to
15.00
Given that ordering cost is $35 and annual holding cost is 0.20 of unit price per unit, provide the following results:
What is the feasible quantity? Blank 1
oWhat is the total annual ordering cost at this quantity? $ Blank 2
oWhat is the total annual holding cost at this quantity? $ Blank 3
oWhat is the total annual material cost at this quantity? $ Blank 4
oWhat is the total annual cost at this quantity? $ Blank 5
What is the most economical quantity to order? Blank 6
oWhat is the savings in total annual cost at this quantity? $ Blank 7
FORMAT FOR ENTRIES:
All quantities and costs are in two decimals after the dot. (8457.20, for example)
DO NOT ENTER $ sign for costs
If no saving in costs is available ENTER 0.00
You are asked to provide the following computation results for the current product:
* What run quantity should be used to minimize total annual costs? Blank 1
* What is the length of run time in days? Blank 2
* What is the length of cycle time in days? Blank 3
* During the production, at what rate will inventory buildup? Blank 4
* What is the maximum level inventory can reach? Blank 5
* What is the total annual cost? $ Blank 6
Suppose to run the new product that needs a minimum of 11 days per cycle between runs of current item.
*Can new product be produced with current setting? (YES or NO) Blank 7
*What would the run size of the current product be needed to just accommodate the new job? Blank 8
*What is the total annual cost in this case? $ Blank 9
*What is the increase in total cost? $ Blank 10
FORMAT FOR ENTRIES:
* Quantities (run sizes) and inventory buildup rates are INTEGER (no decimals)
* Inventory Levels and Times are in two decimals after the dot. (7.20, for example)
* Costs are in two decimals after the dot. (3750.20, for example. DO NOT ENTER $ sign)

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