Question: Based on 1. In the given case Area (SqM) = 15,000 Monthly Operating Costs (Per SqM) = 2.3 times Hence, the operating cost = 15,000
Based on
1.
In the given case Area (SqM) = 15,000
Monthly Operating Costs (Per SqM) = 2.3 times
Hence, the operating cost = 15,000 2.3 = $34,500
The handling cost per item is 1.95 times
Hence, the handling cost = 1.95 15,000 = $29,250
2. Percentage of warehouses dedicated to the vision cards is 35.
Warehouse square feet = 15,00035 = 5,250
Holding cost of vision cards per month = 5,250 1.95 = $10,237.5
3. Total cost of vision cards is the sum of operating cost and handling cost multiplied by warehouse square feet occupied.
Thus the total cost of vision cards is = 5,250(1.95+2.3)
= $22,312.5
4. Assuming that there are 4 weeks, thee weekly handling cost = (15,00035%)x1.95/4
= $2,559.375
What is operating and handling cost in the warehouse
What is the holding cost of the vision cards?
What is the total cost of the vision cards
What is the weekly handling cost based on the production rate?
How can minimize the warehouse cost
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