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The Sensory Fabric Centre sells fabrics to a wide range of industrial and consumer users. One of the products it carries is denim cloth,
The Sensory Fabric Centre sells fabrics to a wide range of industrial and consumer users. One of the products 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 has a track- record of delivering high-quality merchandise. The purchasing officer of the Sensory Fabric Centre has collected the following information. (Click the icon to view the information.) The purchasing lead time is 2 weeks. The Sensory Fabric Centre is open 250 days a year (50 weeks for 5 days a week) Required 1. Calculate the EOQ for denim cloth 2. Calculate the number of orders that will be placed each year 3. Calculate the reorder point for denim cloth Data table - Annual demand for denim cloth Ordering cost per purchase order Carrying cost per year Safety stock requirements Cost of denim cloth 37,500 metres $150 30% of purchase costs Nonet $6 per metres t of one unit in stock, Q Any order quantity) Print Done nd your final answer to the nearest whole number.)
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