Question: Answer for question g and h thanks Senja Sdn Bhd stocks a certain switch connector at its central warehouse for supplying field service offices. The

 Answer for question g and h thanks Senja Sdn Bhd stocks

Answer for question g and h thanks Senja Sdn Bhd stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,000 units. Senja estimates its annual holding cost for this item to be RM 25.00 per unit. The cost to place and process an order from the supplier is RM75.00. The company operates 300 days per year and the lead to receive an order the supplier is 3 working days. (a) Determine the economic order quantity EOQ=212.13 (b) Determine the Average Quantity. Average Quantity-106.07 (c) Determine the annual holding costs Annual Holding Costs-RM2,650.00 (d) Determine the annual ordering costs Annual ordering costs-RM5,331.25 (e) Determine the number of order place a year. Number of order per year 71order (f) Determine the time between orders. Time Between Orders -4.225 days (g) Determine the reorder point (h) As the Senior Planner of Senja Sdn Bhd you are ask to present data from items (a) to ( g ) to one of the Chief Executive Officer (CEO). Draw a graphical diagram and briefly explain how this will be useful in future decisionmaking process

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