A service garage uses 204 boxes of cleaning cloths a year. The boxes cost $12 each. The cost to place one order is $15, and the cost to hold one box in inventory for a year is $2.40."   If the owner of the service garage in the previous question orders the EOQ, instead of 12 boxes at a time, how much will he save?

A gift shop sells 400 boxes of scented candles a year. The ordering cost is $50 for scented candles, and holding cost is $25 per box per year. What is the economic order size for scented candles?

The demand for a particular part called SKU 005 is 1,200 units a year. The cost of one SKU 005 is $40.00. It costs $60.00 to place an order SKU 005, and the user of SKU 005 has a per year inventory carrying cost of 25% of unit cost. Assume that there are 250 working days in the year where SKU 005 is used. Once the purchasing manager for SKU 005 places an order, it always takes the vendor 5 working days to deliver that order. What should the purchasing manager's reorder point be? O A. 24 O B. 36 O C. 30 O D. 5 O E. 12

Yellow​ Press, Inc., buys paper in​ 1,500-pound rolls for printing. Annual demand is 3,000 rolls. The cost per roll is ​$1,000​, and the annual holding cost is 28 percent of the cost. Each order costs ​$75. Part 2 a. How many rolls should Yellow Press order at a​ time?   Yellow Press should order enter your response here rolls at a time. ​(Enter your response rounded to the nearest whole​ number.) Part 3 b. What is the time between​ orders? (Assume 200 workdays per​ year.)   The time between orders is enter your response here days. ​(Enter your response rounded to one decimal​ place.)

As the Manager of Branson’s Department Store, you are responsible for ensuring that reorder quantities for the various items have been correctly established. You decide to test one item and choose product Z. A continuous review inventory policy has been used, so you examine this as well as other records and come up with the following data:   Cost per unit $35 Holding cost 20 percent of unit cost Average daily demand 10 units Ordering cost $30 per order Standard deviation of daily demand 3 units Delivery lead time 4 days   Because customers generally do not wait but go elsewhere, you decide on a service probability of 90 percent. Assume that Branson’s Department Store operates 320 days per year. [What is the annual demand (D)? Determine the optimal order quantity, Q*. Determine the reorder point (R) if demand is constant. Determine the reorder point (R) if demand is varies.

Consider a continuous review inventory system. Demand is normally distributed with an average of​ 28,000 per month and a monthly standard deviation of 4900 units. Lead time is 3 weeks​ (assume four weeks per​ month) (round​ Z-values, standard deviations to two decimal​ places). If the firm desires​ a(n) 90​% cycle service​ level, it should hold enter your response here units of safety stock​ (round your response to the nearest​ integer).

The production order quantity for this problem is approximately 332 units. daily demand rate = 64; daily production rate = 100. What is the average inventory on - hand ( in other words - the inventory for which you are paying Holding Costs ) In this problem ?

Cape Fear Hospital consumed 400 boxes of bandages per week last year. The price of bandages was $80 per box, and the hospital operates 52 weeks per year. The cost of processing an order was $64, and the cost of holding one box throughout a full year was 20% of the value of the material. What is the EOQ? 407 boxes 102 boxes O 408 boxes O 57 boxes