Question
7. Calculate the 4-period moving average for the forecast of the incidents in each of Week 8. Show all of your work. Week 1234567Demand1008865140160195105 8.
7. Calculate the 4-period moving average for the forecast of the incidents in each of Week 8.
Show all of your work.
Week 1234567Demand1008865140160195105
8. Consider a 3-ohm resistor used in the assembly of an automated processor of an x-ray film. The demand for this item has been relatively stable over time at a rate of 12,600 units/year. The unit variable cost of the resistor is $0.35/unit and the fixed cost per replenishment is estimated to be $3.20. Suppose further that an r value of 0.20 $/$/year is appropriate to use. Find TRC?
9. Demand for the Child Cycle at Best Buy is 500 units per month. Best Buy incurs a fixed order placement, transportation, and receiving cost of $400 each time an order is placed. Each cycle costs $50 and the retailer has a holding cost of 20 percent. Evaluate the number of computers that the store manager should order in each replenishment lot?
10. ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consumption is 80,000 units, Cost to place one order is $120, Cost per unit is $5 and carrying cost is 6% of Unit cost. Find EOQ, No. of order per year, Ordering Cost and Carrying Cost and Total Cost of Inventory.
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