Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I posted this before, and none of the answers matched the options given. That is my problem as of now. If you can provide answers

I posted this before, and none of the answers matched the options given. That is my problem as of now. If you can provide answers that match the options given, I will be extremely greatful. image text in transcribed
here are the questions, but more clear. image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Question 1 4 pts Use the below information for cuestions 1-5 A wholesale company is reviewing its inventory costs for a high volume item which has an annual demand of 2.000 units with a per unit purchase price of $10. The ordering cost is estimated $25. and the inventory Carrying cost for the warehouse is computed at 30% of the price while the in transit shipping factor is 13. The in-transit shipping time is 14 days at a cost of $0.50 unit Forecasted overage demand is 200 units per day with a standard deviation of the forecast error of 20 units per day. The average ander lead time is 16 days with a standard deviation of ordered time of days. A service level to be maintained. There are 360 days in a year What is the Annual Carrying Cost for this product roughly 53.820,00 Question 2 What is the Order of product Question 3 What is the cost of holding safety stod for this product brought Question 4 How much is the transit Carrying Cost for this producto D Question 5 What is Au Cost for the producto 12.30 Question 1 4 pts Use the below information for questions 1-5 A wholesale company is reviewing its inventory costs for a high volume item which has an annual demand of 72,000 units, with a per unit purchase price of $10. The ordering cost is estimated at $25, and the annual inventory carrying cost for the warehouse is computed at 30% of the price while the in- transit shipping factor is 13%. The in-transit shipping time is 14 days at a cost of $0.50 per unit. Forecasted average demand is 200 units per day with a standard deviation of the forecast error of 20 units per day. The average order lead time is 16 days with a standard deviation of order lead time of 3 days. A 98% service level is to be maintained. There are 360 days in a year. What is the Annual Carrying Cost for this product (roughly)? $3,820.09 $8,552.33 $10,674.32 $1,682.50 Question 2 4 pts What is the Annual Ordering Cost for this product (roughly)? $10,677.54 $1,683.83 $$8,556.77 $2,567.03 D Question 3 4 pts What is the cost of holding safety stock for this product (roughly)? $3,908 $1,643.70 $780.42 $1,280 Question 4 4 pts How much is the Annual In-Transit Carrying Cost for this product (roughly)? $36,400 $3,822.78 $101.68 $1,822 Question 5 5 pts What is the Total Annual Cost for this product (roughly)? $3,286.33 $47,086.33 $10,649.34 $9,332.45 Question 1 4 pts Use the below information for cuestions 1-5 A wholesale company is reviewing its inventory costs for a high volume item which has an annual demand of 2.000 units with a per unit purchase price of $10. The ordering cost is estimated $25. and the inventory Carrying cost for the warehouse is computed at 30% of the price while the in transit shipping factor is 13. The in-transit shipping time is 14 days at a cost of $0.50 unit Forecasted overage demand is 200 units per day with a standard deviation of the forecast error of 20 units per day. The average ander lead time is 16 days with a standard deviation of ordered time of days. A service level to be maintained. There are 360 days in a year What is the Annual Carrying Cost for this product roughly 53.820,00 Question 2 What is the Order of product Question 3 What is the cost of holding safety stod for this product brought Question 4 How much is the transit Carrying Cost for this producto D Question 5 What is Au Cost for the producto 12.30 Question 1 4 pts Use the below information for questions 1-5 A wholesale company is reviewing its inventory costs for a high volume item which has an annual demand of 72,000 units, with a per unit purchase price of $10. The ordering cost is estimated at $25, and the annual inventory carrying cost for the warehouse is computed at 30% of the price while the in- transit shipping factor is 13%. The in-transit shipping time is 14 days at a cost of $0.50 per unit. Forecasted average demand is 200 units per day with a standard deviation of the forecast error of 20 units per day. The average order lead time is 16 days with a standard deviation of order lead time of 3 days. A 98% service level is to be maintained. There are 360 days in a year. What is the Annual Carrying Cost for this product (roughly)? $3,820.09 $8,552.33 $10,674.32 $1,682.50 Question 2 4 pts What is the Annual Ordering Cost for this product (roughly)? $10,677.54 $1,683.83 $$8,556.77 $2,567.03 D Question 3 4 pts What is the cost of holding safety stock for this product (roughly)? $3,908 $1,643.70 $780.42 $1,280 Question 4 4 pts How much is the Annual In-Transit Carrying Cost for this product (roughly)? $36,400 $3,822.78 $101.68 $1,822 Question 5 5 pts What is the Total Annual Cost for this product (roughly)? $3,286.33 $47,086.33 $10,649.34 $9,332.45

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Book Marketing Audit

Authors: Kilby Blades

1st Edition

0985798335, 978-0985798338

More Books

Students also viewed these Accounting questions

Question

What does this key public know about this issue?

Answered: 1 week ago

Question

What is the nature and type of each key public?

Answered: 1 week ago

Question

What does this public need on this issue?

Answered: 1 week ago