Question: please as soon as possible. will rate!!! 105 Question 9 The University Gift Shop purchases sweatshirts emblazoned with the school name and logo from a

please as soon as possible. will rate!!!

105 Question 9 The University Gift Shop purchases sweatshirts emblazoned with the school name and logo from a vendor in Mexico. The vendo sells the sweatshirts to the Gift Shop for $34.99 piece. Shipping from vendor to San Jose costs $110 per order. When an order arrives, it has been estimated that receiving and inspection tasks cost the Gift Shop $25. The annual holding cost for a sweatshir is calculated as 11% of the purchase cost. The Gift Shop manager estimates that 3100 sweatshirts will be sold during the upcoming academic year. Answer the following parts al Determine the optimal order quantity using the basic EQ model bl Determine the total cost using the basic EOQ model. How many orders will there be in a year? d) What is the annual average Inventory level? e) what is the reorder point of the lead time is 3 business days? Assume that there are 260 business days a year Show your computations in E2 EOQ.xlsx DO NOT FORGET TO PASTE THE LINK IN THE ANSWER FIELD BELOW. = = B 1 21 2 9 A A V I 1 E = = = 3 x = 12pt - Paragraph 1

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

The University Gift Shop purchases sweatshirts emblazoned with the school name and logo from a vendor in Mexico. The vendor sells the sweatshirts to the Gift Shop for $34.99 aplece. Shipping from...

Discussion Question _ Inventory Control Part a The Deli University Gift Shop purchases sweatshirts emblazoned with the school name and logo from a vendor in Spain Town at a cost of $2,000 each. The...

Scenario: The University Gift Shop, located in London, UK, purchases sweatshirts emblazoned with the school name and logo from a vendor in Toronto. The vendor sells the sweatshirts to the Gift Shop...

ADM 3301 M, N and P Assignment #2 Problem # 1 The product structure tree of product A and the Master Production Schedule (MPS) are given below. The lead times and available inventories of each item...

Please answer me page 51 to page 56 on the attachment. is a multiple choice questions. Thank you FAC1502/101/3/2016 Tutorial letter 101/3/2016 Financial accounting concepts, principles and procedures...

TWO QUESTIONS IS NEEDED TO BE GENERATED FROM THIS CASE STUDY. EACH QUESTION CONSIST OF 50 MARKS EACH. STRATEGIC CASE STUDY This case consists of two questions BACKGROUND The Company was registered as...

Question 3 (a) Compute the 2014 inventory turnover ratio and the days in inventory ratio. Note: what Groupon calls finished goods inventory is really merchandise inventory. Further, these...

Please answer this question.. Very easy. -What sources of value most plausibly account for the differences between buyer and seller? -Structure and execute a discounted cash flow valuation of all of...

Which integral below gives the arc length of the curve y = tan x between points (0,0) andi A. /4 VI- sec*x dx + sec*x dx B. S/ VI+ sec*x dx D. A VI+ secxtanx dx

Concerned about reports of discolored scales on fish caught downstream from a newly sited chemical plant, scientists set up a field station in a shoreline public park. For one week, they asked...

AirPro Corp. reports the following for November. \ table [ [ , ] , [ Actual total factory everhend incurred, 1 5 8 , 1 5 5 ] , [ Standard factory overtieadi ] , [ Variable evertuead, 8 . 3 . 3 per...

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...