Ilham Cipta Berhad is one of the ladies shoes manufacturers. It purchases the steel logos for...

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Ilham Cipta Berhad is one of the ladies shoes manufacturers. It purchases the steel logos for the shoes from an external supplier at RM 10 per set. It needs 8,000 sets in a year. The carrying cost is 15% p.a and the cost per order is RM 15. You are required to: a. b. sets. Question 7 Berjaya cakes Bhd estimated that 60,000 units of cakes will be required next year in order to meet demand. Each unit of cake require 0.025 kilogram of sugar during the process of cake manufacturing. The demand for cakes is constant for the past few years and sugar has been ordered as needed. Due to insufficient storage space, the management has decided to change to a new procedure. Required: a. Calculate the total annual cost for the order sizes of 200,250, 400 and 800 You are required to advise the management on the correct procedure to place an order for sugar in order to meet production demand, using the following information: Cost per kilogram of sugar RM 1.20 Cost for placing an order RM 3.80 Cost for receiving sugar RM 2.20 Cost for holding per kilo of sugar 20 %( on average stock value) b. Calculate the Economic Order Quantity for Ilham Cipta Berhad Tabulate a table show order size in kilo 50, 100, 150, 300 and 500 kilos and determine the EOQ plot a graph to determine EOQ Ilham Cipta Berhad is one of the ladies shoes manufacturers. It purchases the steel logos for the shoes from an external supplier at RM 10 per set. It needs 8,000 sets in a year. The carrying cost is 15% p.a and the cost per order is RM 15. You are required to: a. b. sets. Question 7 Berjaya cakes Bhd estimated that 60,000 units of cakes will be required next year in order to meet demand. Each unit of cake require 0.025 kilogram of sugar during the process of cake manufacturing. The demand for cakes is constant for the past few years and sugar has been ordered as needed. Due to insufficient storage space, the management has decided to change to a new procedure. Required: a. Calculate the total annual cost for the order sizes of 200,250, 400 and 800 You are required to advise the management on the correct procedure to place an order for sugar in order to meet production demand, using the following information: Cost per kilogram of sugar RM 1.20 Cost for placing an order RM 3.80 Cost for receiving sugar RM 2.20 Cost for holding per kilo of sugar 20 %( on average stock value) b. Calculate the Economic Order Quantity for Ilham Cipta Berhad Tabulate a table show order size in kilo 50, 100, 150, 300 and 500 kilos and determine the EOQ plot a graph to determine EOQ