Question: Answer 3.1-3.6 with the first two given slides. Fliboard uses continuous review policy. Fliboard decides to use Samsung battery for both hoverboards so the demands
Answer 3.1-3.6 with the first two given slides. Fliboard uses continuous review policy. Fliboard decides to use Samsung battery for both hoverboards so the demands of batteries can be aggregated.
calculate:
3-1: Lot size (Q)
Samsung battery
3-2:Safety inventory (ss)
Samsung battery
3-3: Annual ordering cost (AOC)
Sansung battery
3-4:Annual Holding cost (AHC)
Samsung battery
3-5: Annual Material Cost INCLUDING battery(AMC)
-for proboard
-for babyboard (cost increases due to samsung battery)
3-6: Total Profit
Fliboard . . . Fliboard is a startup company that develops self-balancing scooters (hoverboards) and sells online 52 weeks a year Fliboard currently sells two products, Proboard (P1) and Babyboard (P2) Weekly demand (independent) Proboard (P1) : 30 units per week with standard deviation of 15 units per week Babyboard (P2): 20 units per week with standard deviation of 10 units per week Price Proboard : $400 Babyboard: $300 Costs of battery - Proboard : $150 Samsung 42V Li-ion battery (B1) Babyboard: $100 Hover Fixer 36V Li-ion battery (B2) Cost of material other than battery CONTROL BOARDS - Proboard : $150 Babyboard: $100 terhet/www.taringat/ os/athop/11/...eroendeleo monday . LOG BOARD Source view./2010/08/15/the-hoverboard-craw Snapchatod.cow Fliboard . Fliboard uses continuous review policy Lot size is calculated using economic order quantity (EOQ) - Now Fliboard decides to use Samsung battery for both hoverboards so that demands of batteries can be aggregated Target CSL - Samsung battery: 0.99 Replenishment lead time Samsung battery: 4 weeks Fixed order cost - Samsung battery: $1,000 per order CONTROL BOARDS Inventory holding cost of battery Samsung battery: $60 MTTERY Source http //www.se/posts/offtopic/19119067/Low 10 invento techo del nom han LOGI SOARD Question 3 Calculate following values for replenishing battery (3-1) Lot size (Q) For Samsung battery - (3-2) Safety inventory (ss) For Samsung battery - (3-3) Annual ordering cost (AOC) For Samsung battery - (3-4) Annual holding cost (AHC) For Samsung battery (3-5) Annual material cost including battery (AMC) For Proboard For Babyboard (cost increases due to using Samsung battery) Question 3 Calculate total profit of the current operation (two hoverboards) - Assume annual ordering cost and holding cost of all components except batteries are negligible Thus, we only need to consider costs AOC, AHC, and AMC in (3-3), (3-4) and (3-5) for calculating profit - (3-6) Total profit Profit = Revenue - Total Cost Where total cost is sum of: Annual material cost - Annual ordering cost - Annual holding cost Fliboard . . . Fliboard is a startup company that develops self-balancing scooters (hoverboards) and sells online 52 weeks a year Fliboard currently sells two products, Proboard (P1) and Babyboard (P2) Weekly demand (independent) Proboard (P1) : 30 units per week with standard deviation of 15 units per week Babyboard (P2): 20 units per week with standard deviation of 10 units per week Price Proboard : $400 Babyboard: $300 Costs of battery - Proboard : $150 Samsung 42V Li-ion battery (B1) Babyboard: $100 Hover Fixer 36V Li-ion battery (B2) Cost of material other than battery CONTROL BOARDS - Proboard : $150 Babyboard: $100 terhet/www.taringat/ os/athop/11/...eroendeleo monday . LOG BOARD Source view./2010/08/15/the-hoverboard-craw Snapchatod.cow Fliboard . Fliboard uses continuous review policy Lot size is calculated using economic order quantity (EOQ) - Now Fliboard decides to use Samsung battery for both hoverboards so that demands of batteries can be aggregated Target CSL - Samsung battery: 0.99 Replenishment lead time Samsung battery: 4 weeks Fixed order cost - Samsung battery: $1,000 per order CONTROL BOARDS Inventory holding cost of battery Samsung battery: $60 MTTERY Source http //www.se/posts/offtopic/19119067/Low 10 invento techo del nom han LOGI SOARD Question 3 Calculate following values for replenishing battery (3-1) Lot size (Q) For Samsung battery - (3-2) Safety inventory (ss) For Samsung battery - (3-3) Annual ordering cost (AOC) For Samsung battery - (3-4) Annual holding cost (AHC) For Samsung battery (3-5) Annual material cost including battery (AMC) For Proboard For Babyboard (cost increases due to using Samsung battery) Question 3 Calculate total profit of the current operation (two hoverboards) - Assume annual ordering cost and holding cost of all components except batteries are negligible Thus, we only need to consider costs AOC, AHC, and AMC in (3-3), (3-4) and (3-5) for calculating profit - (3-6) Total profit Profit = Revenue - Total Cost Where total cost is sum of: Annual material cost - Annual ordering cost - Annual holding cost