Question
Please Answer the questions ALL PARTS Question 1 From the following gures relating to two components Tommy and Jerry, compute Reorder Level, Minimum Level, Maximum
Please Answer the questions ALL PARTS
Question 1
From the following gures relating to two components Tommy and Jerry, compute Reorder Level, Minimum Level, Maximum Level and Average Stock Level.
Particulars Component Tommy Component Jerry
Maximum consumption per week 75 units 75 units
Average consumption per week 50 units 50 units
Minimum consumption per week 25 units 25 units
Reorder period 4 to 6 weeks 2 to 4 weeks
Reorder quantity 400 units 600 units
Question 2
From the following particulars, compute Economic Order Quantity Annual consumption = 8, 10, 000 units
Order placing and receiving costs: Rs.10 per order
Annual stock holding stock: 20% of consumption
Question 3
A producer buys 800 units of a specific part p.a. @ Rs.30 per unit from outside provider. The yearly use is 800 units, request setting and accepting
expense is Rs.100 per request and cost of holding one unit of the segment for one year is Rs.4. Compute the Economic Order Quantity by even
technique. Likewise ascertain the quantity of requests to be set every year.
Question 4
After welcoming tenders, two citations are gotten as follows. Provider A: Rs.2.20 per unit
Provider B: Rs.2.10 per unit in addition to Rs.2000 xed charges regardless of the units requested.
Figure the request amount for which the price tag per unit will be the equivalent. Considering all components with respect to creation necessities
and accessibility of nance, the buy ofcer needs to submit a request for 15, 000 units. Which provider would it be advisable for him to choose?
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