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- Semans is a manufacturer that produces bracket assemblies. Demand for bracket assemblies (X) is 125 units. The following is the BOM in indented form: ITEM DESCRIPTION USAGE X Bracket assembly 1 A Wall board 4 B Hanger subassembly 2 D Hanger casting 4 E Ceramic knob 1 C Rivet head screw 3 F Metal tong 4 G Plastic cap 2 Below is a table indicating current inventory levels: Item X A B C D E F G Inventory 22 15 75 24 202 139 1,000 95 What are the Net Requirements for X, A, B, and C respectively?Given the following list of items,a. Classify the items as A, B, or C.b. Determine the economic order quantity for each item (round to the nearest whole unit).ItemEstimatedAnnualDemandOrderingCostHoldingCost(%)UnitPriceH4-010 20,000 50 20 2.50H5-201 60,200 60 20 4.00P6-400 9,800 80 30 28.50P6-401 14,500 50 30 12.00P7-100 6,250 50 30 9.00P9-103 7,500 50 40 22.00TS-300 21,000 40 25 45.00TS-400 45,000 40 25 40.00TS-041 800 40 25 20.00V1-001 33,100 25 35 4.00M. P. VanOyen Manufacturing has gone out on bid fora regulator component. Expected demand is 700 units per month.The item can be purchased from either Allen Manufacturing orBaker Manufacturing. Their price lists are shown in the table.Ordering cost is $50, and annual holding cost per unit is $5.ALLEN MFG. BAKER MFG.QUANTITY UNIT PRICE QUANTITY UNIT PRICE1–499 $16.00 1–399 $16.10500–999 15.50 400–799 15.601,0001 15.00 8001 15.10a) What is the economic order quantity?b) Which supplier should be used? Why?c) What is the optimal order quantity and total annual cost ofordering, purchasing, and holding the component? PX
- 1.The company has three months (April. May and June) for subtracting the units for both NOOR-Company's and AL-SALAM company 2. The company should first satisfy AlNOOR company demand then AL-SALAM company demand. 3. Both production units will work in producing the units 4. Production Unit B will be busy during April 5. The company can work up to 24 hours per day 6. The profit should be at least $1500 Do you think that XYZ-Company should accept or reject the offer?We obtain a p-value of 6%. We reject Ho for Ha. What standard value(s) of alpha was (were) NOT used and why? A. 1% only b/c p-value not less than it. B. 1% and 5% b/c p-value not less than either of them. C. 1% and 10% b/c p-value not less than either of them. D. 5% and 10% b/c p-value less than either of them.Problem 21-9 (Algo) Semans is a manufacturer that produces bracket assemblies. Demand for bracket assemblies (X) is 137 units. The following is the BoM in indented form: ITEM DESCRIPTION USAGE X Bracket assembly 1 A Wall board 5 B Hanger subassembly 2 D Hanger casting 2 E Ceramic knob 1 C Rivet head screw 4 F Metal tong 3 G Plastic cap 1 Below is a table indicating current inventory levels: Item X A B C D E F G Inventory 30 20 73 22 200 149 1,000 90 b. What are the net requirements of each item in the MPS? (Leave no cells blank - be certain to enter "0" wherever required.)
- SLO 9.2. Expediting: May be caused by the buyer or the supplierIs caused by buyer behavior onlyIs caused by supplier behavior onlyMay be the result of legal noncomplianceIs a routine order tracking process SLO 10.1. Radio frequency identification (RFID) will: Eliminate bar coding and manual countingEliminate further investment in information technologySupplement bar coding to reduce theftBe more cost effective to implement than bar codingImprove data capture but slow down inventory picking1. Forrest and Dan make boxes of chocolates for which the demand is uncertain. Forrest says, "That's life." On the other hand, Dan believes that some demand patterns exist that could be useful for planning the purchase of sugar, chocolate, and shrimp. Forrest insists on placing a surprise chocolate-covered shrimp in some boxes so that "You never know what you'll get." Quarterly demand (in boxes of chocolates) for the last three years is shown in the table below: b. If the expected sales for chocolates are 14,400 cases for year 4, use the multiplicative seasonal method to prepare a forecast for each quarter of the year. (Round all intermediate calculations to two decimal places.) The first quarter forecast is what? boxes of chocolates. (Enter your response rounded to the nearest whole number.)A hospital must order the drug Porapill from DaisyDrug Company. It costs $500 to place an order and $30 toreview the hospital’s inventory of the drug. Annual demandfor the drug is N(10,000, 640,000), and it costs $5 to holdone unit in inventory for one year. Orders arrive one monthafter being placed. Assume that all shortages are backlogged.a Estimate R and the number of orders per year thatshould be placed.b Using the answer in part (a), determine the optimal(R, S) inventory policy. Assume that the shortage costper unit of the drug is $100.
- 4. Ana owns a consulting business that helps software companies market their services to school districts. She earns an average of $4635.7 for every contract one of her client companies signs with her help. In order to be able to run her business, she needs to cover $7,000/month (rent, licenses, etc.). The average costs associated with each contract are $1676.6. How many contracts must she facilitate each month in order to break even? a. 2.37 b. 1.51 c. -2.37 d. -1675.09 e. 10966.14 f. None of the other options.Production and Materials Purchases Budgets White Corporation’s budget calls for the following sales for next year:Quarter 1 90,000 units Quarter 3 68,000 unitsQuarter 2 76,000 units Quarter 4 96,000 unitsEach unit of the product requires 3 pounds of direct materials. The company’s policy is to begineach quarter with an inventory of product equal to 5% of that quarter’s estimated sales requirementsand an inventory of direct materials equal to 20% of that quarter’s estimated direct materials requirements for production.Required Determine the production and materials purchases budgets for the second quarter.Purchase Cost per item: $5.00Annual Demand: 36,500 unitsNumber of operating days: 365 daysCost to place an order: $12.00Carrying cost per unit per year: $0.40Orders must be in lot sizes of (multiples of) 20Lead Time: 2 daysSafety Stock: 1 day’s worth (not 1 unit)1) Compute EOQ2) Calculate Re-order point3) Calculate Total Relevant Cost(Ordering + Carrying + Cost of carrying safety stock)