earning Activity: E0Q for optimal purchasing Your repair shop - Classic Cars - also replacement whesis in the lobbys rotan shop compute the optimal order quantity for you to stock the '3- 4 Corvette abyterims in chrome-plated stol 15x6. 2SD Price charged to customers $ 500.00 per who Cost peritom 35 50 per who Inventory Holding Rate 36% Usagelasyon 2385 who's Delivery CO S 85,00 per shipment Cost to place an order $30,00 per order Q = Dette Sorter etter de de percepe of dolly iC TC artial at artian phaeam EDO- Leds per order HINTALOON SWANDD closest to the qum Total Cost . Tad nu invertory Cont pory Holding Ordering costs INTASAng is not entiventory.com It the wheels must be ordered by the crate of 16 each, how many who is not crates would you orders EOO whools per order Horach could thin po ako our new totalannuai Inventor cost? Now Tocal Inventory Costs per your Doon this catoon polis creator financial burden on your operational expen bere . this I Thure whe On how you when computo the order that below and constatzen pandora word perTACHI demanding 12 15 B MAULIDI Latime ) - Man awagidadirgelede Service Lovol (N) Sy2 coded during and loldemadrigal time Ready Paint R-| Then we Day 1 Day 2 Daya Day Days Day 7 Day 7 Day Day Day 10 Day 11 Day | dis 10 whes HER SANDALEN WE VOORGEREGULLORES 4 BO, rould You are those ? 8 7 122 Lng nya.DOW ashouldu? Nog meta de unpredicted to you are pot requires you we canycosa y Sock Iclod in your computation of neorge companions Sock regard WWE holding contes per Owens B C D E F G H ing Activity: EOQ for optimal purchasing Your repair shop -- Classic Cars -- also sells replacement wheels in the lobby's retail shop. Compute the optimal order quantity for you to stock the '63-64 Corvette-style rims in chrome- plated steel 15x6". 500.00 per wheel 359.50 per wheel 36% Price charged to customers = $ Cost per item = $ Inventory Holding Rate = Usage last year = Delivery cost = $ Cost to place an order = $ 2SD Q= V iC 1 2,385 wheels D-demand S-cost per C = unit cost, i = carrying ra Q-lot size, TC - total of 85.00 per shipment 30.00 per order EOQ = lwheels per order HINT: round to the nearest wheel to be closest to them Total Annual Inventory Cost = per year Note: Holding + Ordering costs HINT: Shipping is not an Inventory C of the wheels must be ordered by the crate of 16 each, how many wheels (not crates) would you order each time? wheels per order EOQ = How much would this policy make your new total annual inventory cost? New Total Annual Inventory Costs per year Does this new crate only policy create a financial burden on your operational expenses? Learning Activity: EOQ for optimal purchasing your repair shop - Classic Cars - also sells replacement wheels in the lobby's retail shop. Compute the optimal order quantity for you to stock the '-'4 Corvette style rims in chrome-plated steel Price charged to customets Cost per items Inventory Holding Rate e last year Delivery costs Cost to place an orders 500.00 per wheel 159.50 per wheel 30 2,385 wheels 85.00 per shipment 30.00 per order 2SD Q = 1 D-demand rate units per year S - cost per order placed or setup cost dollars per order Cunit cost dollars per unit -carrying rate, percentage of dollar value per year - lot size, units TC total of ordering cost plus carrying cost dollars per year iC OO wheels per order HINT: round to the nearest wheel to be closest to the minimum Total Cost Total Annual Inventory Cost per year Not: Holding Ordering costs HINT: Shipping is not an inventory Cost here. of the wheels must be ordered by the crate of 16 cach, how many wheels (notcrates) would you order each time? EOG- wheels per order Amal S/year, TO Minimum How much would this policy make your new total annual Inventory cost? New Total Annual Inventory Costs per year Does this new crate only policy create a financial burden on your operational expenses? where R Now, when should you reorder these wheels in Compute the Re-order Point, using the Chapter 14