Question: Can you answer Part 5, 6, 7 and 8 for Question 1 QUESTION 1 Videoworld is a discount store that sells color televisions. The monthly

Can you answer Part 5, 6, 7 and 8 for Question 1

Can you answer Part 5, 6, 7 and 8 for Question 1

QUESTION 1 Videoworld is a discount store that sells color televisions. The monthly demand for color television sets is 100. The cost per order from the manufacturer is $600. The carrying cost is $64 per set each year. Assume a year has 360 working days. Determine the following values rounding to the nearest integer (answer them using only numbers without any sign such as the dollar sign, comma, ...): Q1. The optimal quantity per order: Q2. The minimum total annual inventory costs: Q3. The optimal number of orders per year: Q4. The optimal time between orders (in working days): If the store had an inventory policy that allows shortages with the shortage cost per set estimated at $80, determine the following values: Q5. The optimal quantity per order when the store allows shortages: Q6. The optimal shortage level when the store allows shortages: Q7. The optimal number of orders per year when the store allows shortages: Q8. The optimal time between orders (in working days) when the store allows shortages: * Recommend calculating all the steps in the questions as accurately as possible by using computer software (e.g., excel) since the rounding in each calculation step can be mattered in grading. Then, input your answers as rounded numbers

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