Question: Please help answer all SOALAN TIGA QUESTION THREE (25 MARKAH/MARKS) A) in 2020, Square-Nine Entreprise has purchased 250,000 micro-chips for the first four months and

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SOALAN TIGA QUESTION THREE (25 MARKAH/MARKS) A) in 2020, Square-Nine Entreprise has purchased 250,000 micro-chips for the first four months and 35% more on the remainder as a component in the production of its products. As much as 25% of the purchase is not used but instead stored in the warehouse. Each unit of the final product is sold the market at a price of $18.99 per unit, and the storage cost is a total of $1.13 per unit. The cost price of the order is $5,500 for each delivery that takes three weeks. Calculate: 1) An annual optimal order quantity. (4 Markah/Marks) 2) A total of number of orders placed in a year (2 Markah/Marks) 3) Time range between orders if the company operates for 49 weeks in a year. (2 Markah/Marks) 4) What are total units for reorder point? (2 Markah/Marks) 5) Cost of Goods Sold. (2 Markah/Marks)Step by Step Solution
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