(25pts) An electronics supplier is keeping three different types (W, X, and Y) of resistors. Based...
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(25pts) An electronics supplier is keeping three different types (W, X, and Y) of resistors. Based on past sales annual demand for these are 400, 250 and 150 units for W, X, and Y respectively. Unit purchasing costs are 2 liras for W-type, 4 liras for X-type and 3 liras for Y type. Inventory holding costs are 5 liras for W-type, 7 liras for X-type and 2 liras for Y-type per item per year. The fixed ordering cost for all are the same: 200 liras per order. The supplier has a limited inventory budget of 1100 liras for resistors. What will be the optimal order quantities for W, X, and Y types of resistors? (25pts) An electronics supplier is keeping three different types (W, X, and Y) of resistors. Based on past sales annual demand for these are 400, 250 and 150 units for W, X, and Y respectively. Unit purchasing costs are 2 liras for W-type, 4 liras for X-type and 3 liras for Y type. Inventory holding costs are 5 liras for W-type, 7 liras for X-type and 2 liras for Y-type per item per year. The fixed ordering cost for all are the same: 200 liras per order. The supplier has a limited inventory budget of 1100 liras for resistors. What will be the optimal order quantities for W, X, and Y types of resistors?
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Related Book For
Statistics The Exploration & Analysis of Data
ISBN: 978-1133164135
7th edition
Authors: Roxy Peck, Jay L. Devore
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