Problem 11-6 (Algo) Richard's Sporting Goods needs to fill an online order for 150 hockey sticks. The manager is considering shipping the order by truck to the customer in Wisconsin, at a carrier charge of $70. The delivery will take five days and the order is paid on delivery (Richard's doesn't get paid until the sticks are received). The hockey sticks are valued at $50 for each stick and Richard's uses a 30 percent annual inventory carrying charge. a. What will be the total shipping and transit inventory cost of the shipment? (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.) Transit inventory cost 0.21 Total cost 2$ 100.80 b-1. If the shipment could be delivered in only 2 days at a cost of $95, then what will be the total shipment cost? (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) Total cost 107.30
Problem 11-6 (Algo) Richard's Sporting Goods needs to fill an online order for 150 hockey sticks. The manager is considering shipping the order by truck to the customer in Wisconsin, at a carrier charge of $70. The delivery will take five days and the order is paid on delivery (Richard's doesn't get paid until the sticks are received). The hockey sticks are valued at $50 for each stick and Richard's uses a 30 percent annual inventory carrying charge. a. What will be the total shipping and transit inventory cost of the shipment? (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.) Transit inventory cost 0.21 Total cost 2$ 100.80 b-1. If the shipment could be delivered in only 2 days at a cost of $95, then what will be the total shipment cost? (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) Total cost 107.30
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 5.3SD: Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling...
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