Dolphin Company predicts that it will use 25,000 units of material during the year. The expected daily usage is 200 units, and there is an expected lead time of five days and a safety stock of 500 units. The material is expected to cost $5 per unit. Dolphin anticipates that it will cost $50 to place each order. The annual carrying cost is $0.10 per unit. Compute the order point. Determine the most economical order quantity by use of the formula. Calculate the total cost of ordering and carrying at the EOQ point. Compute the order point. Units per day = Days = Safety Stock = Order Point = units Determine the most economical oder quantity by use of formula EOQ = square root of (2CN/K) C = N = K = EOQ = units Calculate the total cost of ordering and carrying at EOQ Annual usage = units Units per order = units Number of orders = orders Ordering cost = Safety stock = units Ave. no. of units in inventory = units Carrying cost per unit = Carry cost = Total cost = Dolphin Company predicts that it will use 25,000 units of material during the year. The expected daily usage is 200 units, and there is an expected lead time of five days and a safety stock of 500 units. The material is expected to cost $5 per unit. Dolphin anticipates that it will cost $50 to place each order. The annual carrying cost is $0.10 per unit. Compute the order point. Determine the most economical order quantity by use of the formula. Calculate the total cost of ordering and carrying at the EOQ point. Compute the order point. Units per day = Days = Safety Stock = Order Point = units Determine the most economical oder quantity by use of formula EOQ = square root of (2CN/K) C = N = K = EOQ = units Calculate the total cost of ordering and carrying at EOQ Annual usage = units Units per order = units Number of orders = orders Ordering cost = Safety stock = units Ave. no. of units in inventory = units Carrying cost per unit = Carry cost = Total cost =