Question: Acuity Lighting has to find its order quantity for its new light fixture. Given the information in the table below, calculate the optimal order quantity

Acuity Lighting has to find its order quantity for its new light fixture. Given the information in the table below, calculate the optimal order quantity (EOQ).
Round your answer to the next whole number.
Annual Demand 9050 units
Ordering Cost $11
Holding Cost $4
2.Schneider Electric sells 13858 units throughout its 260 yearly operating days. The typical lead time to get the raw materials in is 4 days, and the purchaser reviews the stock levels every 8 operating day. The company uses the FOQ model for ordering stock. Calculate the Reorder point.
Round your answer to one decimal place.
3.Schneider Electric sells 8487 units throughout its 357 yearly operating days. The typical lead time to get the raw materials in is 7 days, and the purchaser reviews the stock levels every 9 operating days. Using fixed time period, calculate the reorder quantity.
Round your answer to 1 decimal place.
4.Considering the following information, calculate the total annual cost of inventory if your order size is 226 units:
Show your answer to 2 decimal places.
Annual Demand 17103 units
Unit Cost $12.38
Ordering Cost $9.54
Holding Cost $6.08
5.Consider the following information. If you are using the optimal order quantity for your ordering, what is the annual cost of inventory?
Show your answer to 2 decimal places.
Annual Demand 60979 units
Unit Cost $18.95
Ordering Cost $12.23
Holding Cost $25.43

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