ABC Company is planning to stock its product which is classified as an inventory item. The company has developed the following information: Annual usage is 16,200 units, cost of the inventory per unit is P730; ordering cost is P220 per order; carrying cost is 28% of inventory value per year. Determine the optimum number of units per order.

The distribution manager for Putnam Corporation is trying to establish the most economic ordering policy for the standard model of its best-selling microwave oven. He has control of the finished goods warehouse for the factory and must satisfy wholesaler demand. The following information is available: Wholesale value $100 Annual demand 50,000 units Std. Deviation of Demand 30 units per day Working year 250 days Production lead time 9 days Ordering cost for production $1,800 Holding cost per unit per year 20% of value Desired service level 96 percent: If Putnam wishes to use the periodic review system, what should be the safety stock, reorder point? If the current on hand inventory is 1,000 units, how many units should be ordered?

The seasonal demand for a particular product is given below: Period 1 2 3 4 5 6 Demand 300 450 100 450 450 100 The fixed parameters are: Fixed Cost $8 Unit Production Cost $1 Holding Cost $ 1.3 Calculate total ordering cost using following three methods: i) Lot-for-Lot ii) Wagner-Whitin algorithm iii) Fixed order quantity Which method you will chose to order and why? Please do fast... ASAP... do fast

Double T appliance is a retailer of small appliances in West Texas.  Double T gets all of their merchandise from GE which it then sells to the people of the South Plains. Their annual demand is 10,000 units and the ordering cost is $100 per order.  The carrying cost per unit is $50.00 What is their expected annual carrying cost (not including the costs of the goods) if the Economic Order Quantity is used and is equal to 200 units?

a) What is the economic order​ quantity? b) Find the annual holding costs.c) Find the annual ordering costs.d) What is the reorder point?

Given the following information, formulate an inventory management system. The item is demanded 50 weeks a year.                 Item cost $ 8.00   Standard deviation of weekly demand 25 per week Order cost $ 298.00   Lead time 4 weeks Annual holding cost (%)   29 % of item cost Service probability 98 % Annual demand   28,100         Average demand   562 per week           a. Determine the order quantity and reorder point. (Use Excel's NORMSINV() function to find the correct critical value for the given α-level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.)         Optimal order quantity   units Reorder point   units     b. Determine the annual holding and order costs. (Round your answers to 2 decimal places.)         Holding cost $   Ordering cost $       c. Assume a price break of $50 per order was offered for purchase quantities of 2,100 or more units per order. If…

Pls solve this question correctly in 5 min i will give u like for sure Question # 1 Teresa Cohan is attempting to perform an inventory analysis on one of her most popular products. Annual demand for this product is 5,000 units; unit cost $200; carrying cost is considered to be approximately 10% of the unit price. Order costs for her company typically run nearly $30 per order and lead time averages 10 days. Discounted unit cost of Rs. $150 (carrying cost remain the same) for more than 300 units is also being offered. (Assume a 50-week year. a)What is economic order quantity? b)What is the reorder point? c)What is the total carrying + ordering cost? d)What is optimal number of orders per year? e)Would you recommend availing the discount?

ARP Engines is a producer of outboard motors and ships worldwide. The company has recently set up a new distribution centre and wants to decide on an inventory policy for one of its products. It has determined the following pertinent information: expected average weekly demand weekly demand standard deviation holding cost production setup cost delivery lead time 400 motors 50 motors $25/motor $5,000/order 3 weeks The company plans to operate 5 days per week, 50 weeks per year. a. Compute the Economic Order Quantity (ignore the variation in demand) given the informa- tion gathered by the company. What is the time between orders and the total cost of operating the EOQ inventory policy? b. The company is considering using the EOQ as the order quantity in a continuous review system. Compute the reorder point and safety stock to meet a service level of 99%. What is the cost of this Q system inventory policy? c. If the company thinks to use the TBO (computed in part a) as the period for a…

gainesvile cigar stocks cuban cigars that have variable lead times because of the difficulty in importing the product: lead time is normally distributed with an average of 6 weeks and a standard deviation of 2 weeks. demand is also a variable and normally distributed with a mean of 200 cigars per week and a standard deviation of 25 cigars. a) for a 90% of service level, what is the rop?

Paulin’s muffler shop has one standard muffler that fits a large variety of cars. The shop wishes to establish a periodic review system to manage inventory of this standard muffler. Use the information table to determine the optimal inventory target level (or order-up to level).  Annual demand    3,910 mufflers    ordering cost             $75 per order  S/D of daily demand     6 mufflers/wk. day   service probability          87%  Item cost        $ 27.00 per muffler             lead time                      2 wk. Days  Annual holding cost       36 % of item value  wk. Days              230 per year Review period        18 working days       What is the optimal target levels (order up to levels) use excels NORMSINVI() function to find the correct critical value for the given a-level. Do not round intermediate calculations. Round value 2 decimal places and final answer to the nearest whole number If the service probability is 90%, the optimal target level will increase, decrease or…