Question: URGENT HELP PLEASE !!!! Exhibit 1. The Super Discount store (open 24 hours a day, every day ( 365 days) sells 8-packs of paper towels,
URGENT HELP PLEASE !!!!
Exhibit 1. The Super Discount store (open 24 hours a day, every day ( 365 days) sells 8-packs of paper towels, at the rate of approximately 420 packs per week. Because the towels are so bulky, the annual cost to carry them in inventory is estimated at $0.50. The cost to place an order for more is $20, and it takes four days for an order to arrive. Find the optimal order quantity. a) 1983 b) 992 c) 1322 d) 418 Exhibit 1. The Super Discount store (open 24 hours a day, every day (365 days) sells 8-packs of paper towels, at the rate of approximately 420 packs per week. Because the towels are so bulky, the annual cost to carry them in inventory is estimated at $0.50. The cost to place an order for more is $20, and it takes four days for an order to arrive. What is the reorder point? a) 120 b) 60 c) 420 d) 240 Exhibit 1. The Super Discount store (open 24 hours a day, every day ( 365 days) sells 8-packs of paper towels, at the rate of approximately 420 packs per week. Because the towels are so bulky, the annual cost to carry them in inventory is estimated at $0.50. The cost to place an order for more is $20, and it takes four days for an order to arrive. What is the cycle time? a) 25 b) 17 c) 22 d) 15 Exhibit 1. The Super Discount store (open 24 hours a day, every day (365 days) sells 8-packs of paper towels, at the rate of approximately 420 packs per week. Because the towels are so bulky, the annual cost to carry them in inventory is estimated at $0.50. The cost to place an order for more is $20, and it takes four days for an order to arrive. What is the total cost? a) 481 b) 330.5 c) 1222 d) 661 Question 28 (5 points) Jones Manufacturing Inc. purchases a component from a Chilean supplier. The demand for that component is exactly 70 units each day. The company is open for business 250 days each year. When the company reorders the product, the lead time from the supplier is exactly 10 days. The product costs $14.00. The company determined that its inventory carrying cost is 20 percent. The company's order cost is $30.00. If the company decides to order 1,750 units each time it places an order, what will be the ordering cost of this policy? a) $140 b) $300 c) $500 d) $450




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