3. Just In Time MY yogurt company sells 1 bottle of its brand yogurt at a price of IDR 10,000. For 1 bottle of company yogurt requires 80 ml of fresh milk (fresh milk). The price of fresh milk is IDR 22,500 per liter with a lead time of 1 week. Yogurt sales per year reach 50,000 bottles. Annual ROI is 15%. The relevant ordering cost is Rp. 9,000 per order and the relevant carrying cost (for insurance, material handling, etc.) is Rp. 5,000 per bottle. Assume 1 year = 52 weeks. Count: a. Calculate the total relevant carrying cost per unit (including the cost of the investment loss). b. Calculate EOQ c. How many reorder points? d. How many orders per year?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter18: The Management Of Accounts Receivable And Inventories
Section: Chapter Questions
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3. Just In Time
MY yogurt company sells 1 bottle of its brand yogurt at a price of IDR 10,000. For 1 bottle of company
yogurt requires 80 ml of fresh milk (fresh milk). The price of fresh milk is IDR 22,500 per liter with a lead
time of 1 week. Yogurt sales per year reach 50,000 bottles. Annual ROI is 15%. The relevant ordering cost
is Rp. 9,000 per order and the relevant carrying cost (for insurance, material handling, etc.) is Rp. 5,000
per bottle. Assume 1 year = 52 weeks.
Count:
a. Calculate the total relevant carrying cost per unit (including the cost of the investment loss).
b. Calculate EOQ
c. How many reorder points?
d. How many orders per year?
Transcribed Image Text:3. Just In Time MY yogurt company sells 1 bottle of its brand yogurt at a price of IDR 10,000. For 1 bottle of company yogurt requires 80 ml of fresh milk (fresh milk). The price of fresh milk is IDR 22,500 per liter with a lead time of 1 week. Yogurt sales per year reach 50,000 bottles. Annual ROI is 15%. The relevant ordering cost is Rp. 9,000 per order and the relevant carrying cost (for insurance, material handling, etc.) is Rp. 5,000 per bottle. Assume 1 year = 52 weeks. Count: a. Calculate the total relevant carrying cost per unit (including the cost of the investment loss). b. Calculate EOQ c. How many reorder points? d. How many orders per year?
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