Question
Race One Motors is an Indonesian car manufacturer. At its largest facility, in Jakarta, the company stocks sub-components and it them uses these sub-components as
Race One Motors is an Indonesian car manufacturer. At its largest facility, in Jakarta, the company stocks sub-components and it them uses these sub-components as part of their process. The daily demand for the subcomponent is 45 units. The company operates 265 day per year. Holding costs are 5%. Unit cost of the sub-component is $127.5. Ordering costs are $30 per order. Lead time for orders is 4 days.
What is the economic ordering quantity? [ Select ] ["525", "335", "444", "600", "675"]
How many orders need to be processed per year? [ Select ] ["23.3", "25.0", "77.5", "18.25", "36.6"]
What is the cost of managing the inventory? [ Select ] ["$990.50", "$878.43", "$1,067.86", "$1,256.73", "$2,135.72"]
What is the ROP? [ Select ] ["224", "123", "1157", "100", "180"]
What if Race One decided order 400 units as their ordering quantity, what would the new holding cost be? $ [ Select ] ["1,125.76", "$1,275.00", "$1,345.50", "1,118.03", "1,201.50"]
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