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1.) WHAT IS THE TOTAL ANNUAL COST? Use the below information to answer questions 1-6 Supplier Other Information Charges $10 per unit Order Cost is
1.) WHAT IS THE TOTAL ANNUAL COST?
Use the below information to answer questions 1-6 Supplier Other Information Charges $10 per unit Order Cost is $25 Avg Processing time is 2 Avg daily demand is 200 days SD of processing time is 1 day SD of daily demand is 20 Inventory carry cost is Carrier 30% In-transit carrying cost is Avg transit time is 14 days 13% SD of transit time is 3 Operating days is 360 days Charges $0.75 per unit Service level = 95% Use the below information to answer questions 1-6 Supplier Other Information Charges $10 per unit Order Cost is $25 Avg Processing time is 2 Avg daily demand is 200 days SD of processing time is 1 day SD of daily demand is 20 Inventory carry cost is Carrier 30% In-transit carrying cost is Avg transit time is 14 days 13% SD of transit time is 3 Operating days is 360 days Charges $0.75 per unit Service level = 95%Step by Step Solution
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