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- 3 Rlex Blocks - "Hastang gahi a" specialized in the manutacturing of higheise CHB (concrete hollow blocks). The company makes a semi-annual order for 2,400 sacks of cement at a unit price of 250.00. Its canying cost per yearis estimated at 7% aof the price of concrete block. While the cost of preparing a requisition, a purchase order and receiving tickets, stocking the items when they amive m procesing the suppler's invoice and remitting the payment to the suppler is 145 per order per yea. What is the economic order quantity? and how many orders should be made each yeart*Without Explain Please** **Without Explain Please** **Without Explain Please** 1. The purchasing manager of XYZ Company is ordering 2000 pcs of Item A by default every 2 months having a demand of 10000 per year .The ordering cost amounts to BD 10 while the carrying cost of BD 2. What is the Total Cost if the manager will maintain the order quantity? a. BD1050 b. BD 1000 c. BD 5008 d. BD 800 e. None of the answers are correct 2. Mr. Ulrich is the procurement manager of Triple U Limited and he orders 1000 pcs of Item A by default every 3 months having a demand of 5000 per year .The ordering cost amounts to BD 10 while the carrying cost of BD 2. What will be the total cost if you will use the optimum quantity instead of 1000 pcs? a. BD450.56 b. BD800.45 c. BD 447.21 d. BD 500.0 e. BD1200.25 3. Keto Basics is a healthy restaurant that aims to help people reduce weight. They deliver food to individual based on the diet plan, The company uses 10500 pcs of carton boxes every other month ,…2. A manager then obtained 10 lists of items with their following unit cost and gets the peso value in annual basis. By doing the A-B approach you will need to multiply the annual demand for t particular items to its unit costs as follows: Item Number Annual Demand Unit Cost Annual Peso Value 1 3,500 360 2 2,000 70 3 5,400 500 4 2,500 100 5 1,200 70 6 2,000 1,000 7 1,200 210 8 2,000 4,000 9 10,000 10 10 1,500 200 Item Number Annual Peso Classification % of item Value 2/3 % of annual Peso Value
- ABC analysis on the following set of products Item Annual Demand Unit CostA 211 800 R9B 390 100 R90C 003 450 R6D 100 400 R100E 707 85 R2,000F 660 250 R320G 473 500 R75H 921 100 R75 Soft goods department sells 175 units per month of a certain large bath towel. The unit cost of a towel to the manufacturer is R2.50 and the cost of placing an order has been estimated to be R12.00. There is an inventory carrying charge of 27% of the unit cost per year. What is the optimal order quantity, the order frequency, and the annual holding and setup cost. If the ordering cost can be cut to R4.00, what will be the new economicorder quantity, the order frequency, and annual holding and setup costs.Suzuki is a company that manufactures motorcycles. It produces 450 motorcycles a month. It buys tyres for motorcycles from Dunlop at a cost of $20 per tyre. The company’s inventory carrying cost per tyre is estimated to be 15% of the cost per tyre. The cost per order is calculated at 250% of the cost per tyre. Rquirement: i) Calculate the EOQ. ii) Determine the number of orders per year? iii) Compute the total cost.2.)Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering. DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 If the owner of Birka Styles & Co is an optimist, how many lots should the manager order?
- 2.)Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering. DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 A)If the owner of Birka Styles & Co is an optimist, how many lots should the manager order? B)If the owner of Birka Styles & Co is a pessimist, how many lots should the manager order? C)The owner wants to use minimax regret. How many lots should the manager order?Q1/ Company produced 700 pieces of ceiling fius per year, the order cost is 1400S, the shortage cost is 15% of order cost and the inventory holding cost is two dollars per item per year. Find 1. Shortage allowable quantity. 2. to. 3. Number of ordering during the year.Q2. An Electrical and Electronics parts manufacturer purchases circuit board for manufacturing electronic circuit board at the rate of OMR 40 per piece from a vendor. The requirements of these parts are 2000 per half yearly and the cost per placement of an order is OMR 40 and inventory carrying charges 20 percent yearly. Calculate the following 1)The EOQ 2)No. of orders in a year, and 3)Time between two successive orders 4)Average yearly cost of Inventory 5)Total inventory cost 6)Total Cost
- 3. Fortnex is a company that assembles small household appliances including coffee makers, toasters, and food mixers. The parent company of Fortnex has been concerned about the rising product cost of the finished products, which has led to reduced profit margins. One of the demands of the parent company has been to review the inventory management practices of Fortnex. Two areas which Fortnex is currently investigating are economic order quantity EOQ and ABC analysis. Perform the following. (i) At present the company purchases copper wire for a certain appliance under economic order quantities based on the information given in Table 3-1. The supplier of copper wire is proposing a discount of 5% of unit price if Fortnex purchases in lot sizes of 1000 kg. rather than the calculated EOQ. Determine if Fortnex should take advantage of the price discount. Justify your response. For a particular series of referenced products, the number of units used a year, and the unit cost are as shown in…1)..An electrical parts manufacturer purchases circuit board for manufacturing electrical board at the rate of OMR 20 per piece from a vendar . The requirements of these parts are 1000 per quarterly yearly , if the cost per placement of an order is OMR 10 and inventory carrying charges 10 percent of unit cost yearly Calculate : Solve all the 6 1. The EOQ . 2).No. of opers in a year 3). Time between two successive orders 4).Average yearly cost of Inventory 5).Total inventory cost 6).Total CostWhat is the relationship of the economic order quantityto demand? To the holding cost? To the setup cost?
