Question: QUESTION 1 20 points Save Answer A company sells three models of a product, A, B, and C. Annual demands of the three models are


QUESTION 1 20 points Save Answer A company sells three models of a product, A, B, and C. Annual demands of the three models are DA = 3,000, DB = 1000 units and DC = 500 units, and each model costs $400,000, S550,000 and $600,000, respectively. A fixed transportation cost of S12,000 is incurred each time an order is delivered. For each model ordered and delivered on the same truck, an additional fixed cost of $1000 is incurred for receiving and storage. The company incurs a holding cost of 20 percent. Evaluate optimal lot sizes, order frequency, and annual inventory-related cost associated with each of the following. You need to round the numbers in the table to the nearest four decimal places, A 1000 3000 $400,000 500 $600,000 When products ordered all together Demand per year Each model cost Fixed transportation cost per order Fixed cost of receiving and storage Fixed ordering cost $12,000 $3,000 $550,000 $12,000 $3,000 $12,000 $3,000 $15.000 $15,000 $15,000 Optimal order size 8.5540 4.2770 Cycle Inventory 4.2770 2.1385 Annual holding cost per supplier $ $470469,4075 $256619.6768 Order frequency 116.9045 116.9045 Annual ordering cost per supplier $ $584522.5972 $584522.5972 Average flow time 0.0043 0.0043 Annual inventory-related cost is S (round it to the nearest two decimal places.) You need to round the numbers in the table to the nearest four decimal places, You need to round the numbers in the table to the nearest four decimal places, A B 3,000 500 When products are ordered independently Demand per year Each model cost Fixed transportation cost per order Fixed cost of receiving and storage 1,000 $550,000 $400,000 5600,000 $12,000 $12,000 $12,000 $1,000 $1,000 $1,000 Fixed ordering cost $13,000 $13,000 $13,000 Optimal order size 31.2250 10.40R3 Cycle inventory 15.6125 5.2042 $ Annual holding cost $1248999.5997 $624499.7998 Order frequency 96.0769 48.0384 Annual ordering cost $1248999.5997 $624499.7998 Average flow time 0.0052 0.0104 Annual inventory-related cost is S (round it to the nearest two decimal places.) QUESTION 1 20 points Save Answer A company sells three models of a product, A, B, and C. Annual demands of the three models are DA = 3,000, DB = 1000 units and DC = 500 units, and each model costs $400,000, S550,000 and $600,000, respectively. A fixed transportation cost of S12,000 is incurred each time an order is delivered. For each model ordered and delivered on the same truck, an additional fixed cost of $1000 is incurred for receiving and storage. The company incurs a holding cost of 20 percent. Evaluate optimal lot sizes, order frequency, and annual inventory-related cost associated with each of the following. You need to round the numbers in the table to the nearest four decimal places, A 1000 3000 $400,000 500 $600,000 When products ordered all together Demand per year Each model cost Fixed transportation cost per order Fixed cost of receiving and storage Fixed ordering cost $12,000 $3,000 $550,000 $12,000 $3,000 $12,000 $3,000 $15.000 $15,000 $15,000 Optimal order size 8.5540 4.2770 Cycle Inventory 4.2770 2.1385 Annual holding cost per supplier $ $470469,4075 $256619.6768 Order frequency 116.9045 116.9045 Annual ordering cost per supplier $ $584522.5972 $584522.5972 Average flow time 0.0043 0.0043 Annual inventory-related cost is S (round it to the nearest two decimal places.) You need to round the numbers in the table to the nearest four decimal places, You need to round the numbers in the table to the nearest four decimal places, A B 3,000 500 When products are ordered independently Demand per year Each model cost Fixed transportation cost per order Fixed cost of receiving and storage 1,000 $550,000 $400,000 5600,000 $12,000 $12,000 $12,000 $1,000 $1,000 $1,000 Fixed ordering cost $13,000 $13,000 $13,000 Optimal order size 31.2250 10.40R3 Cycle inventory 15.6125 5.2042 $ Annual holding cost $1248999.5997 $624499.7998 Order frequency 96.0769 48.0384 Annual ordering cost $1248999.5997 $624499.7998 Average flow time 0.0052 0.0104 Annual inventory-related cost is S (round it to the nearest two decimal places.)