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The numbers on the questions are from a diffrent example. i would like help with the new example problem but with the same questions. thank
The numbers on the questions are from a diffrent example. i would like help with the new example problem but with the same questions. thank you! a) What is the EOQ? 197.46 units (round your response to two decimal places). b) What is the average inventory if the EOQ is used? 98.73 units (round your response to two decimal places). c) What is the optimal number of orders per year? 30.64 orders (round your response to two decimal places), d) What is the optimal number of days in between any two orders? 8.16 days (round your response to two decimal places) e) What is the annual cost of ordering and holding inventory? $ 1.777 10 per year (round your response to two decimal plac f) What is the total annual inventory cost, including the cost of the 6.050 units? $ 630,977.10 per year (round your response on . Thomas Krater is the purchasing manager for the headquarters of a large insurance company chain with a coral inventory operation Thomas's fastest moving invertory hom has a demand of 5.500 units per year The cost of each unit is $102. and the inventory carrying costs per un per year. The average ordering is 31 por order takes about 5 days for ander to arrive and the demand for 1 week is 115 units (This is a co o peration and there are working days per year) a) What is the EOQ? units fround your response to two decimal places)
The numbers on the questions are from a diffrent example. i would like help with the new example problem but with the same questions. thank you!
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