Question
These are the questions: ahmad khaleds machine shop uses 2,500 brackets during the course of a year, these brackets are purchased from supplier 90 miles
These are the questions:
ahmad khaleds machine shop uses 2,500 brackets during the course of a year, these brackets are purchased from supplier 90 miles away. The following information is known about the brackets.
annual demand 2500
holding cost per bracket per year 1.50
order cost per order 18.75
lead time 2 days
working days per year 250
A) given the above information, what would be the economic order quantity(EOQ)
B) given the EOQ, what would be the average inventory?
C) what would be the annual inventory holding cost?
D) given the EOQ, how many orders would be made each year?
E) what would the annual order inventory cost?
F) Given the EOQ, what is the total annual cost of managing the inventory?
G) what is the time between orders?
H) what is the reorder point? (ROP)
a be the average inventory? he annual inventory holding cost? che EOQ, how many orders would be made each year? nould be the economic order quant e) What would be the annual order cost? Given the EOQ, what is the total annual cost of managing the inventory? g) What is the time between orders? DC. b) What is the reorder point (ROP)? 2DC Annualholdingcost-ec ele D 14:4243 O=002 Annual holding cost Annual setup costa Optimal production quantity Q ROP =Txd, dis the demand per day
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