Because 180 > 3.4, one would conclude the process is operating better than six sigma quality Quarter-inch stainless steel bolts, 1.5 inches long are consumed in a factory at a fairly steady rate of 50 per week. The bolts cost the plant 3 cents each. It costs the plant $10 to initiate an order, and holding costs are based on an annual interest rate of 20 percent. The factory runs 52 weeks every year. Use this information to answer questions 27-28. Question 27 10 pts What is the optimal order quantity of the factory? O 182.6 1316.6 2943.9 408.2 Question 28 10 pts What is the annual holding cost of the factory for these quarter-inch stainless steel bolts? MacBook Pro DOO 000 U Question 28 10 pts What is the annual holding cost of the factory for these quarter-inch stainless steel bolts? $44.15 5920 $0.17 $8.83 The university bookstore buys T-shirts from a supplier at a cost of $35 each. The store sells 500,000 T-shirts each year. The annual holding cost of the T-shirts is 25 percent per year and the ordering cost is $40. The supplier takes 2 days to deliver the T-shirts after the bookstore has placed its order. Use this information to answer questions 29-30. Question 29 10 pts What order quantity would give the bookstore the lowest total acquisition cost? (Due to possible differences in rounding, choose the closest answer.) 2,237 1.369 2,740 2,139 MacBook Pro Question 30 10 pts How many orders would the bookstore make over a year? 2,740 182 234 1.369 U You have decided to open a mail-order shoe business once you graduate from CU Boulder. One of the problems you face is that you have to print the catalog and order all your items before the selling season, and there is no opportunity to re-order or change the catalog once the selling season begins. You can purchase shoes for $12 per unit from your supplier and sell them for $20 per unit. you are left with any shoes at the end of the season, you can sell them through a discount outlet for $10 per unit. You estimate that total demand during the season will be uniformly distributed between 800 and 1200 shoes. Use this information to answer questions 31-33 Question 31 10 pts What is your critical ratio? 100% O 20% 6096 MacBook Pro O Question 32 10 pts How many shoes should you order? 1200 1120 880 960 Question 33 10 pts If you run out of shoes customers are disappointed. You estimate that the lost customer goodwill costs you $5. Considering this additional cost, how many shoes should you now order? O 1040 1120 0853 1147 Ba-Bling! manufactures costume jewelry for mass retail. Demand for their best-selling necklace is steady over the year at 115 units per week. They acquire the necklace from a supplier who charges them $55 per unit, and consistently delivers the product to Ba-Bling 1 week after receiving the order. Ba-Bling's inventory holding cost is 19%, and their administrative cost to place each order is $11. Use this information to answer questions 34-35. MacBook Pro U Ba-Blingt manufactures costume Jewelry for mass retail Demand for their best-selling necklace is steady over the year at 115 units per week. They acquire the necklace from a supplier who charges them $55 per unit, and consistently delivers the product to Ba-Bling 1 week after receiving the order. Ba-Bling's inventory holding cost is 19%, and their administrative cost to place each order is $11. Use this information to answer questions 34-35. Question 34 10 pts At what quantity should Ba-Bling's place its reorders? 115 units 230 units 16 units 0 112 units Question 35 10 pts How many units should Ba-Bling order to minimize their costs? 16 units 112 units 115 units 230 units MacBook Pro