UC UCMN-222ACCTG325LEC-09951: x 5 Exercise Problem on Accounts Re X 5 Exercise Problem on Inventory M X + V X > C @ File | C:/Users/user/Downloads/Exercise%20Problem%20on%20Inventory%20Management.pdf Exercise Problem on Inventory Management.pdf 100% + Problem 1 Slip & Wear Company, a company that markets disposable slippers to hotels, would like to determine that optimal number of pairs of slippers to obtain per order. Based on the past years' data, annual demand averages 7,200 pairs; the holding cost per year is P8; and the ordering cost is P200 per order. (Assume there are 250 working days in a year) Required: a. Using the given figures, calculate the optimal number of pairs of slippers per order. b. Find a number of orders (N) and the expected time (T) between orders. C. Determine the total annual inventory cost d. If demand is actually 8,000 pairs rather than 7,200, what will be the total cost? e. If the order size is reduced by 200 units, but other parameters remain the same, what happens to the total cost? Problem 2 Baby Boomer, Inc. produces baby dresses which sell throughout the year at a constant demand rate. Total annual demand for the dresses is 15,000 units. Production costs are P100 per dresses, with annual inventory holding cost figure estimated at 15% of production cost. Set-up cost of the production line operation is determined to be P200. Required: a. Recommend the production lot size that will minimize total inventory holding cost and production set-up cost h Given 250 dave of nnarations nar wear recommend the length of a production mun Type here to search O Si m 27'C Mostly cloudy ^ DO D ( () 10:14 PM 5/24/2022UC UCMN-222ACCTG325LEC-09951: x 5 Exercise Problem on Accounts Re X 5 Exercise Problem on Inventory M X + V X > C @ File | C:/Users/user/Downloads/Exercise%20Problem%20on%20Inventory%20Management.pdf Exercise Problem on Inventory Management.pdf 100% + cost? Problem 2 Baby Boomer, Inc. produces baby dresses which sell throughout the year at a constant demand rate. Total annual demand for the dresses is 15,000 units. Production costs are P100 per dresses, with annual inventory holding cost figure estimated at 15% of production cost. Set-up cost of the production line operation is determined to be P200. Required: a. Recommend the production lot size that will minimize total inventory holding cost and production set-up cost. b. Given 250 days of operations per year, recommend the length of a production run. c. Compute the total cost. Problem 3 Gen X company expects to sell 700 of its designers suits every week. The store open seven days a week and expects to sell the same number of suits every day. The company's economic order quantity is 500 and safety stocks of 100 suits. Once an order is placed, it takes three days to get the suits in. Required: a. How many orders does the company place each year? b. What is the reorder point? C. Assume that it is Monday morning before the store opens, and a shipment of suits has just arrived. When will the company place its next order? Type here to search 27'C Mostly cloudy ^ DO D ( () 10:14 PM O 5/24/2022