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Problem 2: In a medical device plant a semi-assembled part ME-CGV is used, for a device used in the heart Its monthly use is 10,000
Problem 2: In a medical device plant a semi-assembled part ME-CGV is used, for a device used in the heart Its monthly use is 10,000 pieces, each piece costs $ 30 and the inventory rate on its costs is 15%. The costs per order are $ 300 and the manufacturer's lead time is 0.5 months. But if you order a parts container that contains 24,000 units from the manufacturer, the cost (purchase price) would drop to $ 27. The delivery time increases by the quantity to 1.25 months and also the order cost would increase to 400 dollars. Consider that the working days are 250 days / year. Answer the following: 1. What should your order amount be based on the EOQ? 2. Calculate the total costs 3. What is the total cost if they order the largest volume accepting the quantity discount? 4. What would be the optimal inventory policy? (Q*[Q] with the best cost and ROP [R]) [Other authors usually only say: what is the optimal inventory policy [Q and R] 5. Explain why
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