Question: For a thumbs up answer both part a and B, Ty! Complete part a through d P14-5 (similar to) Question Help EOQ analysis Tiger Corporation
For a thumbs up answer both part a and B, Ty!

Complete part a through d

P14-5 (similar to) Question Help EOQ analysis Tiger Corporation purchases 1,410,000 units per year of one component. The fixed cost per order is $53. The annual carrying cost of the item is 25.5% of its $9.81 cost. a. Determine the EOQ if (1) the conditions stated above hold, (2) the order cost is $1.00 rather than $53, and (3) the order cost is $53 but the carrying cost is $0.01. b. What do your answers illustrate about the EOQ model? Explain. a. (1) If there are no changes in the costs, the EOQ is units. (Round to the nearest integer. For infinity, input INF) P14-6 (similar to) Question Help EOQ, reorder point, and safety stock Alexis Company uses 977 units of a product per year on a continuous basis. The product has a fixed cost of $53 per order, and its carrying cost is $5 per unit per year. It takes 5 days to receive a shipment after an order is placed, and the firm wishes to hold 10 days' usage in inventory as a safety stock. a. Calculate the EOQ. b. Determine the average level of inventory. (Note: Use a 365-day year to calculate daily usage.) c. Determine the reorder point. d. Indicate which of the following variables change if the firm does not hold the safety stock: (1) order cost, (2) carrying cost, (3) total inventory cost, (4) reorder point, (5) economic order quantity. a. Alexis' EOQ is units. (Round to the nearest whole number.)
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