Question: hapters 12,13,14 Help Save & Exit Submit PA 12-3 (Algo) Joe Birra needs to purchase malt for his... Joe Birra needs to purchase malt for

hapters 12,13,14 Help Save & Exit Submit PA 12-3
hapters 12,13,14 Help Save & Exit Submit PA 12-3
hapters 12,13,14 Help Save & Exit Submit PA 12-3 (Algo) Joe Birra needs to purchase malt for his... Joe Birra needs to purchase malt for his microbrewery production. His supplier charges $25 per delivery (no matter how much is delivered) and $115 per gallon Joe's annual holding cost per unit is 30 percent of the price per gallon. Joe uses 300 gallons of malt per week. a. Suppose Joe orders 750 gallons each time. What is his average Inventory (in gal? 375 gallons (Round your answer to 2 decimal places) Suppose Joe orders 1750 gallons each time. How many orders does he place with b. his supplier each year? 8.91 orders 1,504 gallons How many gallons should Joe order from his supplier with each order to minimize the sum of the ordering and holding costs? (Round your answer to 3 decimal places) Suppose Joe orders 2250 gallons each time he places an order with the supplier d. 'What is the sum of the ordering and holding costs per gallon? $ 0.249 per gallon (Round your answer to 2 decimal places.) Corele anders the quantity from partial that minimizes the sum of the JOU O 75 gallons each time. What is his wverage Inventory Ongal? 375 gallone b. (Round your answer to 2 decimal places) Suppose Joe orders 1750 guilone each time. How many orders does he place with his supplier each year? How many gallons should Joe order from his supplier with each order to minimize the sum of the ordering and holding costs? 8.91 orders 3 G. 1.500 gallons (Round your answer to 3 decimal places d. Suppone Joe orders 2250 gallons ench time he places an order with the supplier What is the sum of the ordering and holding costs per gallon? $ 0.249 per gallon (Round your answer to 2 decimal places) Suppose Joe orders the quantity from part (c) that minimizes the sum of the ordering and holding costs each time he places an order with the supplier. What is the annual cost of the EOQ expressed as a percentage of the annual purchase cost? e. 0.03% 4 1 Joe's supplier only accepts orders that are an integer multiple of 1000 gallons 1. how much should Joe order to minimize ordering and holding costs per gation? 2.000 gallons Joe's supplier offers a 3.00 percent discount Joe is willing to purchase 8000 9.gallons or more. What would Joe's total annual cost (purchasing, ordering, and holding) be if he were to take advantage of the discount

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