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?