Clap Off Manufacturing uses 2,200 switch assemblies per week and then reorders another 2,200. Assume the relevant carrying cost per switch assembly is $5.90 and the fixed order cost is $620. a. Calculate the restocking costs   _______________ b. Calculate the economic order quantity ______________ c. Calculate the EOQ number of orders per year _______________

Abey​ Kuruvilla, of Parkside​ Plumbing, uses 1,230 of a certain spare part that costs ​$24 for each​ order, with an annual holding cost of $25. Part 2 ​a) Calculate the total cost for order sizes of​ 25, 40,​ 50, 60, and 100 ​(round your responses to two decimal​ places). Order Size Total Cost​ ($) 25 enter your response here 40 enter your response here 50 enter your response here 60 enter your response here 100 enter your response here   ​b) What is the economic order​ quantity? units ​(round your response to two decimal​ places).

Subject: Logistic management The following information is given to you D = 19,000 units/yr; H = $4/unit/year; S=$25/order. Calculate the EOQ, Annual holding cost and annual ordering cost.

10.5 An SKU has an annual demand of 10,000 units, each costing $20, ordering costs are $80 per order, and the cost of carrying inventory is 25%. Calculate the EOQ in units and then convert to dollars.

What is the reason for a manufacturing organization to need three separate types of inventory?

Joe Henry's machine shop uses 2,500 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The fo llowing information is known about the brackets:                                                                                                                                                                    a) Given the information, what would be the economic order quantity (EOQ)?b) Given the EOQ, what would be the average inventory? What would be the annual inventory holding cost?c) Given the EOQ, how many orders would be made each year? What would be the annual order cost?d) Given the EOQ, what is the total annual cost of managing the inventory?e) What is the time between orders?f) What is the reorder point (ROP)?

Explore the role and implications of safety stock within the framework of the Wilson approach for effective inventory control.

(1) An architect firm uses an average of 60 boxes of copier paper a day. The firm operates 280 days a year.Storage and handling costs for the paper are $30 a year per box, and its costs approximately $60 to orderand receive a shipment of paper.(a) What quantity order size would minimize the total annual inventory cost?________________________________________________________________________________(b) Determine the minimum total annual inventory cost.________________________________________________________________________________(c) The office manager is currently using an order size of 300 boxes. The partners of the firm expect theoffice to be managed "in a cost-efficient manner." Would you recommend the manager to use yourquantity from part (a) rather than 300 boxes? _______.Justify your answer (by determining the total annual inventory cost for 300 boxes):_____________________________________________________________________________

Exercise 11.8 We Care Associates (WCA), a local physician practice group, orders supplies from various distributors. Order quantities of fifteen items have been determined based on the past five years of usage. Other relevant information from the practice’s inventory records is depicted in Table EX 11.8. The practice is functional for fifty-two weeks a year. Item No. Weekly Demand (Unit/Week) Unit Cost ($) Yearly Carrying Rate of Each Item Ordering Cost ($) 1 400 2.50 15% 12.00 2 1,600 0.50 16% 6.00 3 175 37.50 20% 32.00 4 250 3.5 12% 50.00 5 250 1.75 18% 12.00 6 32 2,300.00 2% 35.00 7 1,500 1.25 14% 10.00 8 2,200 0.65 17% 6.00 9 1,270 0.95 21% 5.00 10 120 12.50 12% 12.00 11 220 2.00 15% 28.00 12 350 1.50 14% 18.00 13 18 5,000.00 2% 25.00 14 6 6,700.00 2% 50.00 15 1,250 2.60 22% 19.00…

Please explain me in brief about Pros and Cons of Re-Order Point Control and Re-Order Cycle Control Inventory control Systems.