Question: please help (Q1 - Q6) Spring Water The demand for coconut water at SLC Walmart is 600 gallons per week. The setup cost for placing
please help
(Q1 - Q6) Spring Water The demand for coconut water at SLC Walmart is 600 gallons per week. The setup cost for placing an order to replenish inventory is $25. Coconut water loses its freshness when stored, and SLC Walmart incurs an annual holding cost of $2.6 /gallon. Assume that there are 52 weeks a year. If SLC Walmart buys 750 gallons of coconut water per order, what is the number of orders placed per week? (Q7 - Q10) Sarah's Organic Soap Sarah's Organic Soap Company makes organic liquid soaps. She purchases organic Palm oil to make her soaps. She needs 1,000kgs of Palm oil per day on average. The supplier charges a $60 delivery fee per order (which is independent of the order size). Sarah's annual hoiding cost is $1.825 per kg of palm oil. Assume there are 365 days a year. Question 7 0.25 pts If Sarah wants to minimize inventory holding and ordering costs, how much Palm oil should she purchase with each order (in kg5 )? Question 8 0.25 pts What is the daily cost of ordering and holding when EOQ is ordered? Question 9 0.25 pts Again, assume that Sarah needs 1,000kgs of Palm oil per day. Sarah's supplier is willing to sell Palm oil to her at a 10% discount on its selling price if she purchases 10,000kgs at a time. If Sarah takes the offer and orders 10,000kg at a time, how much will be the resulting daily cost of ordering and holding? (Assume that the fixed cost of ordering is $60 per order and the per unit inventory holding cost is 0.005 per day per kg of Paim oil.) Again, assume that Sarah needs 1,000kgs of Palm oil per day. Sarah's supplier is willing to sell Palm oil to her at a 10% discount on its selling price if she purchases 10,000kgs at a time. The current selling price for Palm oil before the quantity discount is $5perkg. If Sarah takes the offer and orders 10,000kg at a time, how much does she save on the cost of Palm oil each day? (Note that the daily cost of Palm oil is determined by the daily demand multiplied by the selling price.)



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