Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Victor Pimentel uses 1 , 4 4 0 units per year of a certain subassembly that has an annual holding cost of $ 2 5

Victor Pimentel uses 1,440 units per year of a certain subassembly that has an annual holding cost of $25 per unit. Each order placed costs Victor $180. He operates 300 days per year and has found that an order must be placed with his supplier 2 working days before he can expect to receive that order.
Part 2
a) The economic order quantity is enter your response here units (round your response to the nearest whole number).
Part 3
b) The annual holding cost is $enter your response here (round your response to the nearest whole number).
Part 4
c) The annual ordering cost is $enter your response here (round your response to the nearest whole number).
Part 5
d) The reorder point is enter your response here units(round your response to the nearest whole number).

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

Successful Time Management

Authors: Patrick Forsyth

Chinese 1st Edition

7508679814, 978-7508679815

More Books

Students also viewed these General Management questions

Question

Excel caculation on cascade mental health clinic

Answered: 1 week ago