Question: PLEASE HELP!! I WILL LIKE ANSWER!! ELLA T., Inc. has annual sales of 5,400 units; management decides to establish the EOQ model. The firm has

PLEASE HELP!! I WILL LIKE ANSWER!! ELLA T., Inc. has annual sales of 5,400 units; management decides to establish the EOQ model. The firm has two possible suppliers:

Supplier A

Supplier B

Shipping costs $1,010

Per-unit carrying costs $72

Shipping costs $820

Per-unit carrying costs $83

a. What is the EOQ for each supplier? Round your answers to the nearest whole number.

Supplier A:

units

Supplier B:

units

b. If the firm establishes a safety stock of 162 units, what is the firm's average inventory for both suppliers? Use the rounded value from the previous question. Round your answers to the nearest whole number.

Supplier A:

units

Supplier B:

units

c. What will be the firm's expected maximum and minimum inventory with each supplier? Use the rounded value from the previous questions. Round your answers to the nearest whole number.

Units

Minimum

Maximum

Supplier A:

Supplier B:

d. If delivery takes nine days, what should be the firm's level of inventory when it places an order with supplier A? Assume 365 days in a year. Round your answer to the nearest whole number.

units

PLEASE HELP!! I WILL LIKE ANSWER!! ELLA T., Inc. has annual sales

LA T., Inc. has annual sales of 5,400 units; management decides to establish the EOQ model. The firm has two possible suppliers: pplier A Shipping costs $1,010 Der-unit carrying costs $72 Shipping costs $820 Per-unit carrying costs $83 a. What is the EOQ for each supplier? Round your answers to the nearest whole number. Supplier A: units Supplier B: units b. If the firm establishes a safety stock of 162 units, what is the firm's average inventory for both suppliers? Use the rounded value from the previous? question, Round your answers to the nearest whole number. Supplier A: units Supplier B: units c. What will be the firm's expected maximum and minimum inventory with each supplier? Use the rounded value from the previous questions, Round your answers to the nearest whole number. d. If dellvery takes nine days, what should be the firm's level of inventory when it places an order with supplier A7 Assume 365 days in a year, Round your answer to the nearest whole number. units

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 Finance Questions!

ELLA T., Inc. has annual sales of 5,000 units; management decides to establish the EOQ model. The firm has two possible suppliers: Supplier A Shipping costs $1,000 Per-unit carrying costs $74...

LLA T., Inc. has annual sales of 5,800 units; management decides to establish the EOQ model. The firm has two possible suppliers: Supplier A Shipping costs $1,000 Per-unit carrying costs $71 Supplier...

ELLA T., Inc. has annual sales of 5,300 units; management decides to establish the EOQ model. The firm has two possible suppliers: Supplier A Shipping costs $1,000 Per-unit carrying costs $71 Supplier

ELLA T., Inc. has annual sales of 5,800 units; management decides to establish the EOQ model. The firm has two possible suppliers: Supplier A Shipping costs $1,000 Per-unit carrying costs $71 Supplier

Pacific Systems Elcom Sure Tech E-Drive Park Current Ratio 1.2 1.3 1.3 1.1 Inventory Turnover 5.2 5.4 9 7 Long-Term Debt Ratio to Assets 0.25 0.15 0.17 0.4 Receivable Days 49 29 59 40 Payable Days...

please I need help ASAP on these? can anyone assist Not allowed. This test can only be taken once. Force Completion This test can be saved and resumed at any point until time has expired. The timer...

LA T., Inc. has annual sales of 5,600 units; management decides to establish the EOQ model. The firm has two possible suppliers: Shipping costs $1,090 Per-unit carrying costs $73 Shipping costs $890...

I am in need of assistance in answering these questions. I only have 2 hrs and 30 minutes. Thank you so much for your help! QUESTION 1 ABC Company sells 2,014 chairs a year at an average price per...

Read the case and answer the following questions 1. Summarize the case. 2. What is the central problem of this case? Baria Planning Solutions, Inc.: Fixing the Sales Process Christy Connor looked up...

1.The notion of an optimal inventory level implies that: There is a right amount of inventory for every product. Total costs can be reduced if a firm holds less-than-optimal amounts of inventory. It...

What responsibilities do you and your colleagues have as employees to ensure that resources are used to best advantage of the people of South Africa? Give examples.

Edit this cell Demonstrate your understanding of interpretation of the regression here by filling the blanks in the statements below: 1. In terms of the the estimated coefficients, 1% increase in...

A key method for reducing the uncertainty or risk of a portfolio of assets is through concentration. diversification. holding only bonds. holding only stocks.

On a scale of 1 - 5 , to what degree does 7 - Eleven adapt its offering in each global market. Support your answer.

Understand how people development is used to retain talent.

Understand why and how a global company prioritizes inclusive people development over exclusive talent management.

Perspectives of different employee groups: Consider the following statement of a senior manager of internal communications at Novartis (Glueck, 2021): One of the things I appreciate most about Choice...