Question: Chaper Assignment 9 Joe Bur needs to purchase mait for microbrewery production. Its supplier charges $35 per delvery ho matter how much delivered and $1.20

Chaper Assignment 9 Joe Bur needs to purchase
Chaper Assignment 9 Joe Bur needs to purchase mait for microbrewery production. Its supplier charges $35 per delvery ho matter how much delivered and $1.20 pergation Joe's annual holding cost per untis 35 percent of the price pergation Joe uses 250 gallons of mat per week Suppose Joe orders 1.000 quilons each time. What is his average Inventory on 990 Julio (Round your answer to 2 decimal places) Suppose Joo order 1.500 galons each time. How many orders does he place with b his supplier each year? orders How many gallons should doe order from his suppler with each order to minimize e. the sum of the ordering and holding costs Dior pergolion (Round your answer to 3 decimal places) d. Suppose Joe orders 2,500 gallons each time he place an order with the supplier What is the sum of the ordering and holding costs per glion? (Round your answer to 2 decimal places.) Suppose Joe orders the quantity from part() minimizes the sum of the ordering and holding costs each time he place an order with the supplier. What is the am cost of the EOQ expressed as a percentage of the annual purchase cost? % . londons f. Joe's supplier only accepts orders that are an integer multiple of 1.000 gallons, how much should Jon order to minimize ordering and holding costs per gallon? Joe's supplier offers a 3 percent discount if Joe is willing to purchase 8.000 gallons g.or more. What would Joe's total annual cost purchasing, ordering, and holding) be he were to take advantage of the discount

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!