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problem 1

Problem - Optimal Number of Needles Sharp, Inc., a company that markets painless hypodermic needles to hospitals, would like to reduce its inventory cost by determining the optimal number of hypodermic needles to obtain per order. The annual demand is 1,000 units the setup or ordering cost is $10 per order, and the holding cost per unit per year is .50 a) Determine the optimal number of needles per order b) Determine the expected number of orders per year. d) Determine the expected time between orders. d) Determine the total annual cost. Problem 2-EOQ: Annual Demand (D) -10,000 units, Ordering Cost (5) - $75 per order and Annual Holding Cost (H) =$6 per unit are given. What is the EOQ? Problem 3. Pita Pan, Inc. currently maintains an average inventory valued at 3,400,000. The company estimates its capital costat 10 %, its storage cost at 4.5 %, and its risk cost at 6%. What is the annual holding costs for Pita Pan? Problem 4-Stark industries assembles custom super computer systems. The heat sinks bought for $12 each and are ordered in quantities of 1300 units. Annual demand is 5200 heat sinks, the annual inventory holding cost rate is $ 3 per unit and the cost to place an order estimated to be $50. a) What is the number of orders placed per year? b) What is the annual ordering cost