Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the data in case Exhibit 4 and the 2012 annual demand, calculate the EOQ and ROP quantities for the five SKUS scheduled to

  

Using the data in case Exhibit 4 and the 2012 annual demand, calculate the EOQ and ROP quantities for the five SKUS scheduled to be produced in the last week of June. How do these amounts compare with those calculated in 2011? Compare the increases in EOQS with the increases in annual demand. (2.5 points) Ja Fe Oc Year Label b Mar Apr y June July Aug Sept t Nov Dec Total 3Js Strawberry Jam 2012 345 301 325 299 344 296 329 334 349 325 289 333 3,869 2013 566 671 384 631 616 2,868 Mrran Raspberry Jelly Markets 2012 229 270 236 279 273 255 236 232 235 276 244 241 3,006 2013 744 737 425 379 571 2,856 Kery's Marts Peach Jam 2012 156 176 174 144 160 178 155 159 178 166 176 148 1,970 2013 167 146 78 84 117 592 Dom's Food Blueberry Jam Stores 2012 92 109 98 99 102 111 103 99 94 104 107 93 1.211 2013 100 99 80 139 108 526 AAA Grocers Apple/Mint Jelly 2012 66 77 79 69 65 66 68 67 62 74 71 68 832 2013 73 63 110 146 88 480

Step by Step Solution

3.51 Rating (154 Votes )

There are 3 Steps involved in it

Step: 1

The Economic Order Quantity EOQ and Reorder Point Quantity are arrived at by using the following for... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investments

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

9th Edition

73530700, 978-0073530703

More Books

Students also viewed these Accounting questions