Question: I need help with 46-49 PROBLEM 7. Inventory Control The Everett Jewels Company rells watchen. Annual demand for watches in 2000. The purch lead-time is
I need help with 46-49
PROBLEM 7. Inventory Control The Everett Jewels Company rells watchen. Annual demand for watches in 2000. The purch lead-time is 4 days, and assume that there are 200 working days in the year. Metodolombes 30 he wt. $38.00. The annual inventory holding rate 1. 20% of the purchase.com. The cost of S11 necessary (43) The Economic Order Quantity (Optimal Order Quantity) (a) 1400 (b) 1500 (44) Suppose you order every time a quantity equal to the EOQ. Then the wall.com (c) 1200 (d) 1300 (c) none of the above of placing the orders is: (Hint: You need to calculate AOC) (a) $6760 (b) 88960 (c) $5970 (d) $4560 (e) none of the above (45) Suppose you order every time a quantity equal to the EOQ. Then the unlcon. of holding the inventory is: (Hint: You need to calculate AHC) (a) $6760 (b) 58960 (c) $5970 (d) $4560 (e) none of the above (46) The cycle time under the EOQ policy is: (a) 2 days (b) 5 days (c) 10 days (d) 12 days (47) The re-order point under the EOQ policy is: (a) 520 (b) 560 (48) Suppose you order every time a quantity equal to 2000 instead of the EOQ. (e) none of the above (c) 840 (d) 960 (e) none of the above Then the annual cost of placing the orders is: (Hint: You need to calculate AOC) (a) $6272 (b) $8124 (c) $2736 (49) Suppose you order every time a quantity equal to 2000 in stead of the EOQ. (d) S4396 (c) none of the above Then the annual cost of holding inventory is: (Hint: You need to calculate AHC) (a) $14200 (b) $7600 (c) $10400 (d) $12800 (e) none of the above (50) Suppose you order every time a quantity equal to 2000 in stead of the EOQ. Then, the increase in total costs (i.e., penalty) per year for adopting this policy in stead of the EOQ policy is: (a) S1216 (b) $1274 (c) $1152 (d) $1022 (e) none of the above
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