Question: please show work [Study guide - final exam] The annual demand for an item is 10,000 units. The cost to process an order is $75

please show work please show work [Study guide - final exam] The

[Study guide - final exam] The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual inventory holding cost is 20% of item cost. (a) What is the optimal order quantity for range 1? Quantity Price $2.95 per 11-9 unit $2.50 per 10 - 999 unit $2.30 per 1,000 - 4,999 unit 5.000 or $1.85 per more unit 1805.788 First, all EOQs need to be determined. O Needs to be discarded. O 2254.938

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!

[Study guide - final exam) The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual inventory holding cost is 20% of item cost. (a) What is the optimal order...

[Study guide - final exam] The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual inventory holding cost is 20% of item cost. (a) What is the optimal order

Study guide . final exam) The annual demand for an item is 100 units. The cost to process an order is $1 and the annual inventory holding cost is 1% of item cost. (a) What is the optimal order...

(Study guide - final exam] The annual demand for an item is 100 units. The cost to process an order is $1 and the annual inventory holding cost is 1% of item cost. (a) What is the optimal order...

[ Study guide - final exam ] The annual demand for an item is 1 0 0 units. The cost to process an order is $ 1 and the annual inventory holding cost is 1 0 0 % of item cost. ( a ) What is the optimal...

[Study guide - final exam] The annual demand for an item is 100 units. The cost to process an order is $1 and the annua! inventory holding cost is 100% of item cost. (3) What is the optimal order...

Problem 1: (5.pts.-> 3+2: Brian Adams, the manager of the company Design-Plus is upgrading his ERP software. The high-performance software (ORACLE) can be rented for $3.000 per month per computer...

A retailer purchases an item called XYZ at $ 10 per unit from its supplier. The demand is steady at 100 units per week. This retailer has 50 working weeks per year. The supplier decides to offer...

A B C D E F G H (sec.) 20 30 25 10 55 30 25 40 A D, B, C E F, G (a) Draw a network diagram of precedence relationships and compute the required cycle time per unit in seconds. (7,5p.) (b) Compute the...

wrong). Weights Days Package 1 Package 2 Package 3 Package 4 Monday 21 22 20 24 Tuesday 23 21 19 21 Wednesday 20 19 20 21 Thursday 18 19 20 19 Friday 18 20 22 20 Q.3.A. What is the sample size (n) in...

How will you separate a mixture containing kerosene and petrol (difference in their boiling points is more than 25C), which are miscible with each other?

Villa America Company reported net income of $85,000. The partnership agreement provides for salaries of $25,000 to S.Wiborg and $18,000 to G. Murphy. They divide the remainder 40% to Wiborg and 60%...

Don is a shareholder of Energy Renew Inc. When the directors fall to undertake an action to redress a wrong suffered by the firm. Don files a suit on its behalf. Don's sult is a preemptive right. a...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...