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A company uses 6,000 widgets a year. Order costs are $75 and carrying costs are 30 percent of the purchase price. The price breakdown
A company uses 6,000 widgets a year. Order costs are $75 and carrying costs are 30 percent of the purchase price. The price breakdown is as follows: 1-999 $0.90 $0.85 $0.80 1,000-2,999 3,000+ Calculate the order quantity and use that information to answer the questions that follow. Question 26 (1 point) What is the Q value for the 1-999 price category as calculated by the equation before it is adjusted for feasibility? Round your answer to a whole number. Your Answer: Answer Question 27 (1 point) What is the Q value for the 1,000-2,999 price as calculated by the equation before it is adjusted for feasibility? Round your answer to a whole number. Your Answer: Answer Question 28 (1 point) 4 What is the Q value for the 3,000+ price as calculated by the equation before it is adjusted for feasibility? Round your answer to a whole number. Your Answer: Question 29 (1 point) What is the feasible Q value for the 1-999 price category? Round your answer to a whole number. Your Answer: Answer Question 30 (1 point) What is the feasible Q value for the 1,000-2,999 price category? Round your answer to a whole number. Your Answer: Answer Question 31 (1 point) What is the feasible Q value for the 3,000+ price category? Round your answer to a whole number. Your Answer: Answer Question 32 (1 point) What is the total cost for the 1-99 price category? Be sure to include the purchase cost in your calculations. Round your answer to a whole number. Your Answer: Answer Question 33 (1 point) What is the total cost for the 1,000-2,999 price category? Be sure to include the purchase cost in your calculations. Round your answer to a whole number. Your Answer: Answer Question 34 (1 point) 4 What is the total cost for the 3,000+ price category? Be sure to include the purchase cost in your calculations. Round your answer to a whole number. Your Answer: Answer Question 34 (1 point) What is the total cost for the 3,000+ price category? Be sure to include the purchase cost in your calculations. Round your answer to a whole number. Your Answer: Answer 4 Question 35 (2 points) Based on your calculations, what is the order quantity that minimizes cost? Your Answer: Answer
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Given Information Annual Demand Ordering Cost Carrying Cost Q26 Q value for 1999 6000 Q32 Total Cost ...Get Instant Access to Expert-Tailored Solutions
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