A con mateso produces an average 50 go-karts a month by the tires for gokarts from a supplier at a cost of 530 perre The company inwentary carrying costis este of cost and the ordering is so per order + Calculate the EOQ in this problem (0.2) 2 What is the number of orders per year? (0.2) Compute the average annual ordering cost (0.2) 4 Compute the average inventory (0.2) 6 What is the average annual carrying cost? (0.2) 6 Compute the total cost (0.6 Knowing the demand for the go-karts, and having a lead time for the tires of 5 working days, what should we use as reorder point? For next time some 30 working days (0.4) & Assume that the demand was actually higher 40% than estimated What will be the actual annual total cost? (0.4) 9. Now the supplier offers a discount depending on the quantity of tires purchased at each order. The proposal is described in the table below. Ordering costs remains the same and inventory carrying costs are 10% of the price What order quantity will minimize the total inventory cost? (0.5) b What will be the new annual total costs? (0.5) nt Number Discount Quantity Discount Discount Price 0 to 800 no discount 30 800 to 1500 4 28.8 1501 and over 6 28.20 1. The company has not decided yet on a specific location for the fabric. Based on the methodology leamed in class, where would you locate it? Please provie reasons for your decision (0.4) What type of layout would be the most appropriate for the fabric? Please provide reasons for your decision (0.4) A company makes go karts. It produces on average 450 go-karts a month. It buys the tires for go-kart estimated to be 15% of cost and the ordering is 570 per order 1. Calculate the EOQ in this problem (0.2) 2 What is the number of orders per year? (0.2) 3. Compute the average annual ordering cost. (0.2) 4 Compute the average inventory (0.2) 6. What is the average annual carrying cost? (0.2) 6 Compute the total cost. (0.4) 7. Knowing the demand for the go-karts, and having a lead time for the tires of 5 working days (0.4) 8 Assume that the demand was actually higher 40% than estimated. What will be 9. Now the supplier offers a discount depending on the quantity of tires purchased remains the same and inventory carrying costs are 10% of the price. a. What order quantity will minimize the total inventerrer artepe 4 hrs on but there for at from super 630 The company's carrying out so be of cost and the ordering is to per order Carlare the On this problem (2) Compute the average anal ordering coat (0.2) Compute the entry (0.2) What the annual carrying out? (2) 6 Compute the total cost (0.4) Knowing the demand for the go-karts, and having a lead time for the tires of 5 working days, what should wewe as reorder point? For next time: aume 30 wwrong day (0.4) 8 Assume that the demand was actually higher 104 than estimated. What will be the actual annual total cost? (0.4) . Now the supplier offers a discount depending on the quantity of tires purchased at each order. The proposal is described in the ble below. Ordering costs remain the same and inventory carrying costs are 10% of the price - What order quantity will minimize the total inventory cost? (0.5) What will be the new annual total costs? (0.5) Number Discount Quantity Discount Discount Price to 800 no discount 30 800 to 1500 4 288 150T and over 6 28.20 The company has not decided yet on a specific location for the fabric. Based on the methodology learned in class, where would you locate it? Please provide reasons for your decision (0.4) What type of layout would be the most appropriate for the fabric? Please provide reasons for your decision. (0.4)
