Question: please can you solve these questions with changing the highlighted solutions In the attached file for this assignment, each student should write the solution in
please can you solve these questions with changing the highlighted solutions
In the attached file for this assignment, each student should write the solution in a paper (not a Word file), take a picture of solutions with modified parameters, save all solutions in one PDF file and upload it in Moodle. To stop plagiarism, each student is expected to modify slightly the parameters which have been highlighted in yellow in the file, although the solution approach will be the same, the final solution will be different. The huge similarity in the submitted assignments will be considered as a cheating practice and will be penalized. Q1) An electronics company has two contract manufacturers in Asia. Foxconn assembles its tablets and smart phones while Flextronics assembles its laptops. Monthly demand for tablets and smartphones is 10,000 units while that for laptops is 4,000 Tablets cost the company S100 while laptops cost $400 and the company has a holding cost of 25 percent. Currently the company has to place separate orders with Foxconn and Flextronics and receives separate shipments. The fixed cost of each shipment is S10,000. (15 points) Answer the following question: a. What is the optimal order size and order frequency with each of Foxconn and Flextronics. Draw inventory profile for each product? Consider the following changes and answer the questions below The company is thinking of combining all assembly with the same contract manufacturer. This will allow for a single shipment of all products from Asia. b. If the fixed cost of each shipment remains S??? (As modified by you), what is the optimal order frequency and order size from the combined orders? c. Compare the annual total cost of separate and jointly ordering strategy? d. Define a shipment capacity that would be violated by size of combined orders, then adjust the amount of 2 orders regarding that capacity and calculate the annual total cost. Solution for a, b, c) $ $ 120.000 48,000 100 400 23 10,000 $ Input Annual demand for tablets/smartphones, D, Annual demand for laptops, D2 Cost per tablet smartphone, C, cost per laptop, C, Holding cost, h Fixed cost per shipment, S Two products are shipped separately Optimal order size for tablets/smartphones Optimal order frequency for tablets/smartphones Cycle inventory of tablets/smartphones Annual holding cost for tablet Annual order cost for tablets Optimal order size for laptops Optimal order frequency for laptops Cycle inventory of laptops Annual holding cost for laptops Annual order cost for laptops Total annual cost 9,798 12.25 4.898.98 $122.474.49 $122.474.49 3,098 15.49 1.549.19 $154,919.33 $154,919.33 $554.787.64 Two products are shipped jointly Optimal order frequency (Equation 11.7), Order size for tablets/smartphones Cycle inventory of tablets Annual holding cost for tablets Order size for laptops Cycie inventory of laptops Annual holding cost for laptops Annual order cost Total annual cost 19.75 6,076 3.038.22 $ 75,955.45 2.431 1.215.29 $ 121,528.72 $197.484.18 $394.968.35 $ 159.819.29 Annual savings through aggregation Solution d) Shipment capacity