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Please provide the answer for the following questions along with your justification as to why you selected that answer for the following multiple choice questions.
Please provide the answer for the following questions along with your justification as to why you selected that answer for the following multiple choice questions.
QUESTIONS WITHOUT JUSTIFICATION PROVIDED WILL BE THUMBS DOWN AND REPORTED!
3. Compubag Ltd sells handbags for laptops. Compubag imports handbags from a manufacturer that has a reputation for high quality in its manufacturing operation. The following data applies to Compubag Ltd Annual demand (daily demand 1/300 of annual demand) Orders per vear Lead time in days Relevant ordering costs per purchase order Relevant carrying costs per unit including opportunity costs Safety stock 25,200 units 20 orders 15 days $100 S5 240 units What is the reorder point including the safety stock determined by the company? a. 1,260 units b. 993 units c. 1,244 units d. 1,500 units e. 240 units 4. If G&P has a safety stock of 70 units and the average weekly demand (5 working days) is 14 units, how many working days can be covered if the shipment from the supplier is delayed? a. 0 days b. 5 days c. 25 days d. 35 day:s e. 70 day:s 5. The optimal safety stock level is the quantity of safety stock that minimises the sum of the annual relevant a. ordering costs and carrying costs b. ordering costs and stockout costs C. d. e. ordering costs and purchasing costs carrying costs and stockout costs carrying costs and shrinkage costs
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