Question: pounds per day ) . After ordering ( fixed cost = $ 1 9 per order ) , beans are always delivered from Hawaii in
pounds per day After ordering fixed cost $ per order beans are always delivered from Hawaii in exactly days. Perpound annual holding costs for the beans are $ Refer to the standard normal table for values.
a What is the economic order quantity EOQ for Kona coffee beans? pounds round your response to the nearest whole number
b What are the total annual holding costs of stock for Kona coffee beans? $ round your response to two decimal places
c What are the total annual ordering costs for Kona coffee beans? $round your response to two decimal places
d Assume that management has specified that no more than a risk of stockout during lead time is acceptable What should the reorder point ROP be pounds round your response to two decimal places
e What is the safety stock needed to attain a risk stockout during lead time?
f What is the annual holding cost of maintiaining the level of safety stock needed to support a risk?
g If managment specified that a risk of sotckout during lead time would be acceptable, would the safety tock holding costs decrease or increase?
At risj of stockout, units of safety stock are required
Please dont miss the last fee questions they arent in thr picture but they are needed. Thank you!!
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