Question: Single Source Monkoffee is further considering to source coffee beans only from Indonesia for both medium and dark roast coffees - Use same coffee beans

Single Source Monkoffee is further considering toSingle Source Monkoffee is further considering to

Single Source Monkoffee is further considering to source coffee beans only from Indonesia for both medium and dark roast coffees - Use same coffee beans from Indonesia but separately roast for medium roast and dark roast Fixed order cost is $200 Inventory replenishment lead time is 4 weeks from Indonesia H: Operation Weekly demands (independent) (D and op) - Medium roast coffee (P1): 100 bags per week with standard deviation of 40 bags per week - Dark roast coffee (P2):25 bags per week with standard deviation of 10 bags per week Inventory holding (H) - $40 per bag per year (10% of product cost/price) Monkoffee uses continuous review policy - Lot size (Q) to replenish coffee beans from Indonesia is calculated using economic order quantity (EOQ) Cycle service level (CSL) - 0.99 Inventory-replenishment lead time (L and s.) 4 weeks Fixed order cost (5) - $200 per order Question 4 (4-1) Calculate a total of annual ordering cost and annual holding cost for the above three cases - Current (Question 1) Two suppliers delivering independently - Joint ordering (Question 2) Two suppliers delivering jointly - Single source (Question 3) Single supplier (4-2) Based on the above calculations, what should Monkoffee do (current, joint ordering, or single source)? Please I need help with solving question 4

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