The daily holding cost of Alternative 1 is ​$________. ​(Enter your response rounded to two decimal​ places.) Part 3 The daily cost of faster shipping with Alternative 2 is ​$________. ​(Enter your response rounded to two decimal​ places.) Part 4 The daily cost of faster shipping with Alternative 3 is ​$________. ​(Enter your response rounded to two decimal​ places.) Part 5 ▼   Alternative 1? Alternative 2? Alternative 3? is more economical.

A wholesaler sells generators for $700. The cost of a generator is $530 and the wholesaler turns its inventory 3.9 times per year. If the wholesaler's annual holding cost percentage is 30%. Round your answer to two decimal places. What is the holding cost for each generator? dollars

Coca Cola in Turkey manages its products' inventory at Shell gas stations, that is Coca Cola, decides replenishment time and the order quantities for all its products. Shell sends real-time sales data of Coca Cola products at its gas station stores and as part of this agreement Coca Cola gives a certain percentage discount in the prices it charges to Shell. Based on what we learned in class, choose the correct statement(s): O a. Because Shell owns the stores it is more likely to make better forecasts of the demand for Coca Cola products Ob. This agreement is a strategy to reduce the bullwhip effect Oc. The main purpose of VMI is to reduce lead time in supply chains O d. This is known as vendor-managed inventory (VMI)

You have been hired to help a factory that produces nails. The factory can produce nails at a rate of 20,000 per hour and the factory runs 7 hours a day for 250 days per yéar. The annual demand for the nails is 2,800,000. It costs $100 to set up production runs for the nails. Each nail costs $0.03 to produce. The annual inventory holding costs are $0.02 for one nail. Please answer the following: (a) ignoring the production rate when determining the optimal order quantity. In other words, the manager wants to order an integer amount of nails according to the EOQ framework. Determine the amount of nails the manager orders to be produced at a time. (b) Determine the integer amount to order according to the POQ framework, the max inventory level according to this policy, the cycle time, and the amount of time spent in the 'production phase' during each cycle. (c) ordering the optimal level in (b) instead of (a). Note that although the manager ignores the production rate in (a), costs are…

Radovilsky Manufacturing​ Company, in​ Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12,200 flashing lights per year and has the capability of producing 95 per day. Setting up the light production costs ​$51. The cost of each light is ​$1.00. The holding cost is ​$0.15 per light per year.   d. What is the total cost per​ year, including the cost of the​ lights?   ​(round your response to two decimal​ places).

A firm incurs a fixed order cost of $10 per order and 20 percent annual holdingcosts. It purchases an item for $2.50 and sells 1000 units per year. It is offered a 5 percentdiscount if it purchases 800 units or more. How much does it save each year (includingpurchasing, ordering, and holding costs) if it purchases enough units to get the discount?

You are in the process of deciding the optimal order quantity of shampoo packs for a hotel. The supplier charges you $47 per order and your stockroom costs approximately $0.69 per shampoo pack per year to store the product. Based on prior research, you were able to determine that the hotel goes through approximately 94 shampoo packs per day. They hold 0 safety stock. The supplier is willing to give the following quantity discounts for the product. Using the order quantity that will minimize total cost, what is the total annual cost? Quantity 1 - 1499 $2.25 $2.10 $2.05 $2.03 Note: Round your answer to 2 decimal places. Do NOT include $ sign or a comma. For example, answer like 50246 and NOT $50,246 Answer: 1500 - 3999 4000 - 7999 8000+ Price Check

A distributor of computer monitors purchases the monitors from an overseas supplier under a continuous review system. The average demand for a popular computer monitor is normally distributed with a mean of 50 units a day and a standard deviation of 10 units a day. It costs $75 to process each order and there is a 16 day lead time. The holding cost for each monitor is $20 per year and the distributor wishes to maintain a 90% service level. The distributor operates 300 days in a year. The distributor would like to use a periodic review inventory system to manage their inventory. Use the information in Scenario 9.15. What is the target inventory level needed to achieve a 90% service level? greater than 1250 units but less than or equal to 1500 units less than or equal to 1000 units greater than 1000 units but less than or equal to 1250 units greater than 1500 units

Company C&A sells 600 bottles of a dietary supplement per week at $100 per bottle. The supplement is ordered from a supplier who charges Company C&A $30 per order and $50 per bottle. Company C&A’s annual holding cost percentage is 40%. Assume Company C&A operates 50 weeks in a year. What should C&A’s EOQ for this item be? What is C&A’s total annual cost using this EOQ?

Hi, I need help solving this Operations Management problem. Thank you!