Problem 1. Purchased Part B233: Demand 150 unit /month, Ordering setup cost (Cr) involves: - Standard shipping cost $50/order (2week lead-time), or Express shipping cost $100/order (1week lead-time); - Packing cost $20/order, - Damage Insurance cost $55/order Carrying and interest cost (CH) involves: - The purchase cost of Part B233 is $500/unit. The bank's annual interest 8% compound annually, 365 day/yr - Safe keeping one unit of B233 cost $15/yr a) Calculate the Optimal Order Quantity (Qa); Find: b) With Qo, calculate the Total Cost per unit c) With Qo, calculate the Total Cost per year, d) With Q, calculate the ordering interval (in weeks); Problem 2. Purchased Part B233: Demand 150 unit/month Ordering setup cost (Cr) involves: - Standard shipping cost $50/order (2week lead-time), or Express shipping cost $100/order (1week lead-time); - Packing cost $20/order - Damage Insurance cost $55/order Carrying and interest cost (Cu) involves: - The purchase cost of Part B233 is $500/unit if order less than 100 units, $450/unit if order 100 units or more. The bank's annual interest 8% compound annually, 365 day/yr Safe keeping one unit of B233 cost $15/yr. a) Considering the price break options, Calculate the Optimal Order Quantity (Qo); Find: b) With Qo, calculate the Total Cost per unit; c) With Q, calculate the Total Cost per year, d) With Qo, calculate the ordering interval (in weeks); Packing cost $20/order, - Damage Insurance cost $55/order Carrying and interest cost (CH) involves: - The purchase cost of Part B233 is $500/unit if order less than 100 units, $450/unit if order 100 units or more. The bank's annual interest 8 % compound annually, 365 day/yr. Safe keeping one unit of B233 cost S15/yr a) Considering the price break options, Calculate the Optimal Order Quantity (Q); Find: b) With Q, calculate the Total Cost per unit; c) With Q, calculate the Total Cost per year, d) With Q, calculate the ordering interval (in weeks); Problem 3. Manufactured Part Y732: Demand 50 unit /wk, Production rate 110/wk, Production setup cost (Cr) involves: 0.3 hr of the lathe LX10, which cost $60/hr 0.5 br of a machinist, which cost $70/hr $7 consumable materials Carrying and interest cost (C) involves: The finished Part Y732 is $500/unit, the bank's annual interest 7.5% compound annually, 365 day/yr. Safe keeping one unit of Part Y732 cost $1.50/wk. a) Calculate the Optimal Production quantity (Qa); b) With Q, calculate the Total Cost per unit Find: c) With Q calculate the Total Cost per year, d) With Qo, calculate the production interval (in weeks); e) With Qo, calculate the production lead time (in weeks)