Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the reorder point

monthly sales: 4,000 pairs purchase order lead time: 8 days days open per year: 365 relevant Purchase Order cost: $162.50 per purchase order relevant annual carrying costs: $15.60/ pair stockout costs: $48 per stockout safety stock definitely required: 100 pairs

options:

	1,052
	1,152
	952
	1,252

For the month of July, the manufacturing Company "X" had zero units in beginning inventory of any kind , and started 1,200 units of which... 700 good units were completed and shipped out; 100 units were in WIP at the end of the month. $100,000 was spent on materials during the month (all incurred at the beginning of the manufacturing process). "Normal spoilage" is budgeted at 30% of the completed & shipped out good units. Inspections occur at the end of the manufacturing process.

For the month of July, unanticipated spoilage problems cost the company

options:

	$33,000
	$17,500
	$15,833
	$15,250