Consider the following information for an item for which you must develop an inventory policy. Annual demand: 4000 units Order cost: $50 per order Per unit holding cost / year: 25% of unit purchase price Per unit purchase cost: $10.00 if order quantity < 1000 units $ 9.50 if 1000 5000 units If your supplier decided to stop offering the quantity discounts you see above, and just told you that all items would cost $10 each, your economic order quantity would be
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p6(2).png If the radius of the loop is 50.0 m, what is the m…
p6(2).png If the radius of the loop is 50.0 m, what is the minimum speed the roller coaster can travel around the loop without falling off the track? (The coaster leaves the track when the normal force on it equals zero.)
Assume a safety stock level of 40 and an order quantity of 8…
Assume a safety stock level of 40 and an order quantity of 800, along with the cost, annual demand, average demand, and average lead time information listed previously (which is repeated below): Annual demand = 5000 Holding cost = $4 / unit / year Working days per year = 200 days Order cost = $50 Average daily demand = 25 units Average lead time = 6 days The total annual order costs for this item would be
Assume a safety stock level of 40 and an order quantity of 8…
Assume a safety stock level of 40 and an order quantity of 800, along with the cost, annual demand, average demand, and average lead time information listed previously (which is repeated below): Annual demand = 5000 Holding cost = $4 / unit / year Working days per year = 200 days Order cost = $50 Average daily demand = 25 units Average lead time = 6 days How much is the extra recurring cost annually to keep you from running out of stock during half your lead times?
At what angle would a circular track of radius 75 m need to…
At what angle would a circular track of radius 75 m need to be banked, so that a car traveling at 25 m/s around the track would not need friction to keep from sliding off?
Assume a safety stock level of 40 and an order quantity of 8…
Assume a safety stock level of 40 and an order quantity of 800, along with the cost, annual demand, average demand, and average lead time information listed previously (which is repeated below): Annual demand = 5000 Holding cost = $4 / unit / year Working days per year = 200 days Order cost = $50 Average daily demand = 25 units Average lead time = 6 days Assume that the standard deviation of demand during the lead time was equal to 40 and you wanted a service level of 84.13%. To the nearest integer (round up if the decimal is .5), how many units per year would be short (unavailable when needed)? (Take calculations to as many as 6 decimal places.)
For the next three questions, consider the following informa…
For the next three questions, consider the following information for an item for which you must develop an inventory policy. Annual demand: 4000 units Order cost: $50 per order Per unit holding cost / year: 25% of unit purchase price Per unit purchase cost: $10.00 if order quantity < 1000 units $ 9.50 if 1000 5000 units The only “candidate” order quantities that need to be considered for the best overall answer would be
If demand and lead time are variable, as long as we carry sa…
If demand and lead time are variable, as long as we carry safety stock we’ll have a 100% service level.
It takes the planet Jupiter 12 years to orbit the Sun once….
It takes the planet Jupiter 12 years to orbit the Sun once. What is the average distance from Jupiter to the Sun? (The distance from the Earth to the Sun is 1.5 x 1011 m.)
A hypothetical planet has a mass of half that of the Earth a…
A hypothetical planet has a mass of half that of the Earth and a radius of twice that of the Earth. What is the acceleration due to gravity on the planet in terms of g, the acceleration due to gravity at the Earth?