Question: Please answer c - e ! Joe Birra needs to purchase malt for his micro - brew production. His supplier charges $ 2 5 per

Please answer c-e!
Joe Birra needs to purchase malt for his micro-brew production. His supplier charges $25 per delivery (no matter how much is delivered) and $1.15 per gallon. Joe's annual holding cost is 35% of the price per gallon. Joe uses 200 gallons of malt per week.
a. Suppose Joe orders 125 gallons each time. What is his average inventory?
(Round your answer to 2 decimal places.)=62.5
b. Suppose Joe orders 1250 gallons each time. How many orders does he place with his supplier each year? =8 orders/yr
c. How many gallons should Joe order from his supplier with each order to minimize the sum of ordering and holding costs?
______ gallons
(Round your answer to 3 decimal places.)
d. Suppose Joe orders 3000 gallons each time he places an order with the supplier. What is the sum of ordering and holding costs per gallon?
(Round your answer to 2 decimal places.)
e) 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?
 Please answer c-e! Joe Birra needs to purchase malt for his

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