EXHIBIT 2: COST DATA AVAILABLE FOR COCOA POWDER Holding cost (% of the cost/year) 40% Ordering cost (INR/order) 1000 Quantity in kg Price (INR/kg) 1 to 2000 120.30 2001 to 4000 120.20 4001 to 5999 120.10 6000 or more 120.00

EXHIBIT 3: COST DATA AVAILABLE FOR COCOA BUTTER Holding cost 30% Ordering cost (INR/order) 1200 Quantity in kg Price (INR/kg) 1 to 1000 72.06 1001 to 2000 72.05 2001 to 2999 72.03 3000 or more 72.02 EXHIBIT 4: COST DATA AVAILABLE FOR DARK CHOCOLATE Holding cost 35% Ordering cost (INR/order) 800 Quantity in kg Price (INR/kg) 1 to 1250 105.35 1251 to 2500 105.30 2501 to 3749 105.25 3750 or more 105.20 EXHIBIT 5: COST DATA AVAILABLE FOR DRY-FRUITS AND NUTS Holding cost 25% Ordering cost (INR/order) 2100 Quantity in kg Price (INR/kg) 1 to 2500 90.25 2501 to 5000 90.20 5001 to 7499 90.15 7500 or more 90.10

Question 11 pts

For this first question, assume you are the (only) customer of Toffee Inc., and all of the demand (an average of 13,948 (rounded) cartons per year) is yours. (This is not the case, but it makes these calculations easier...)

What is the cost per order? (note: in the case, it appears as a cost to Toffee Inc.) [ Select ] ["8000", "none of the above", "1200", "2333", "200"] INR

What is the cost per case? [ Select ] ["1200", "8000", "none of the above", "4000", "200"]

What is the holding cost percentage cited in the case? [ Select ] [".208%", "10%", "2.5%", "26%", "3.5%"] per month, or [ Select ] ["2.5%", "60%", "10%", "80%", "40%", "30%"]

What is the annual holding cost in INR? [ Select ] ["12", "15", "60", "360", "25"]

What is the EOQ for you as the customer of Toffee Inc.? [ Select ] ["83", "216.6", "232.32", "787.3", "118.9", "500"]

Flag question: Question 2Question 21 pts

Now you are part of Toffee Inc.. First, let's assess your annual demand.

Based on 2011 actuals, your total demand is 17,250 cartons.

Each carton consists of [ Select ] ["20", "2000", "100", "200", "10", "40"] bags, and each bag has [ Select ] ["10", "40", "4000", "2000", "50", "20"] bars.

So, the total bars needed (cartons*bags*bars) is [ Select ] ["34,500,000", "10,000", "172,500", "17,250", "3,500", "3,725,450"] .

Each bar weighs [ Select ] ["33", "30", "300", "100", "18", "10"] grams.

Flag question: Question 3Question 32 pts

Now you are part of Toffee Inc. and are planning on ordering your ingredients.

For cocoa powder:

Each bar requires [ Select ] ["620", "13.2", "5.1", "62", "30", "10"] grams of cocoa powder.

This means a total of [ Select ] ["none of the above", "110,341,000 / 110,341", "175,950,000 / 175,950", "68,300,000 / 68,300", "44,580,000,000 / 44,580,000"] grams/kilograms of cocoa powder are needed. (Formula: total bars required from above * grams of material per bar. 1,000 grams = 1 kg)

There is a variable holding cost of [ Select ] ["480", "3.33", "10", "40", "20", "30"] % and an ordering cost of [ Select ] ["100", "82.50", "500", "114", "1,000"] INR.

After conducting an EOQ analysis with quantity discounts, you conclude that ordering [ Select ] ["4,001", "2,001", "2,274", "2,727.27", "3,000"] kgs at a time is the optimal solution.

Flag question: Question 4Question 42 pts

For cocoa butter: Each bar requires [ Select ] ["6.2", "6.4", "5.1", "8.8", "1.9"] grams of cocoa butter. This means a total of [ Select ] ["213,900,000 / 213,900", "888,730,000 / 888,730", "491,835,000 / 491,835", "17,048,000 / 17,048", "371,860,000 /371,860"] grams/kilograms of cocoa butter are needed. (Formula: total bars required from above * grams of material per bar. 1,000 grams = 1 kg) There is a variable holding cost of [ Select ] ["360", "30", "40", "10", "2.75", "20"] % and an ordering cost of [ Select ] ["1,440", "250", "875", "1,200", "1,000"] INR. After conducting an EOQ analysis with quantity discounts, you conclude that ordering [ Select ] ["1,293.33", "7,155.56", "3,000", "4,874.4", "2,001"] kgs at a time is the optimal solution.

Flag question: Question 5Question 52 pts

For dark chocolate: Each bar requires [ Select ] ["8.7", "6.2", "14.4", "7.8", "30"] grams of dark chocolate. This means a total of [ Select ] ["180,300 / 180.3", "269,100,000 / 269,100", "442,372,000 / 442,372", "213,900,000 / 213,900", "175,950,000 / 175,950"] grams/kilograms of dark chocolate are needed. (Formula: total bars required from above * grams of material per bar. 1,000 grams = 1 kg) There is a variable holding cost of [ Select ] ["40", "2.75", "35", "50", "360"] % and an ordering cost of [ Select ] ["1000", "9,600", "800", "12,400", "750"] INR. After conducting an EOQ analysis with quantity discounts, you conclude that ordering [ Select ] ["3,750 (just above)", "3,418.8", "3,419", "2,501", "2,500"] kgs at a time is the optimal solution.

Flag question: Question 6Question 62 pts

For dry fruit and nuts: Each bar requires [ Select ] ["14", "1.4", "7.1", "4", "48", "4.4"] grams of dry fruit and nuts. This means a total of [ Select ] ["77,350,000 / 77,350", "138,000,000 / 138,000", "none of the above", "341,200,000 / 341,200", "81,580,000 / 81,580"] grams/kilograms of dry fruit and nuts are needed. (Formula: total bars required from above * grams of material per bar. 1,000 grams = 1 kg) There is a variable holding cost of [ Select ] ["40", "2.16", "25", "300", "35"] % and an ordering cost of [ Select ] ["1,700", "2,100", "800", "700", "1,200"] INR. After conducting an EOQ analysis with quantity discounts, you conclude that ordering [ Select ] ["7,500", "5,071.2", "5,001", "3,333.33", "7,501"] kgs at a time is the optimal solution.