Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Formulas provided by professor: EOQ=2DSHEOQ=2DSH TC=SDQ+HQ2TC=SDQ+HQ2 PurchasingCost=PD SigmaLTD=SQRT(L)*SigmaR SigmaLTD=R*SigmaL SL*=Cu/(Cu+Co) RT=I Rp=c/Tp Cycle Time = CT=1/Rp Takt Time = TT= 1/R Cycle Inventory = Q/2
Formulas provided by professor:
EOQ=2DSHEOQ=2DSH
TC=SDQ+HQ2TC=SDQ+HQ2
PurchasingCost=PD
SigmaLTD=SQRT(L)*SigmaR
SigmaLTD=R*SigmaL
SL*=Cu/(Cu+Co)
RT=I
Rp=c/Tp
Cycle Time = CT=1/Rp
Takt Time = TT= 1/R
Cycle Inventory = Q/2
Average Inventory in the Presence of Safety Stock = Cycle Inventory +Isafety
Question 13:
The total annual ordering cost when ordering EOQ is 4,439 dollars. Carrying cost per unit per year (H)is 11 dollars.Compute EOQ. Enter your answer as awhole number withNOdecimal point.
Answer:
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started