Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Cloth Center, Inc. buys and sells fabrics to a wide range of industrial and consumer users. One of the product it carries is denim

The Cloth Center, Inc. buys and sells fabrics to a wide range of industrial and consumer users. One of the product it carries is denim cloth used in the manufacture of jeans and carrying bags. The supplier for the denim cloth pays all incoming freight. No incoming inspection of the denim is necessary because the supplier officer of the Clothe Center, Inc. has collected the following information: Annual Demand 20,000 yards Required: Carrying cost per year Ordering cost per purchase order P 160 Safety stock requirements 20% of purchase costs None P 8 per year Cost of denim cloth The purchasing lead time is 2 weeks. The cloth center is open 250 days a year (50 weeks for 5 days a week) 1. Draw the inventory levels (using a line graph) using the X-axis for the time, and Y-axis for the level of inventory. (Paste the picture of your handwritten solution or requirement) 2. Determine the egg for the Cloth Center. Provide for solutions

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions