Annual demand is 7,000 units; Carrying cost is $4 per unit; Economic Order Quantity is 1,000 units; Safety stocks are 20 units. Compute the total annual carrying cost
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Annual demand is 7,000 units; Carrying cost is $4 per unit; Economic Order Quantity is 1,000 units; Safety stocks are 20 units. Compute the total annual carrying cost
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- The chapter presented various approaches for the control of inventory investment. Discuss three additional approaches not included that might involve supply chain managers.Combate uses 100,000 units of Material X Annually I its production. Ordering cost consists of P1,000 for placing a long distance call o make the order and P4,000 for delivering the order to the company warehouse. Each material cost P10,000 and the carrying costs are estimated at 15.625% of the inventory cost. Whats is the total ordering cost?Maxmin Trading Company buys 1,000 pcs of chair per month. The cost per chair is Php500 and ordering cost is Php400. The inventory carrying cost is estimated at 10% of the price of the chair. Determine the number of orders required per year
- Combate uses 100,000 units of Material X Annually I its production. Ordering cost consists of P1,000 for placing a long distance call o make the order and P4,000 for delivering the order to the company warehouse. Each material cost P10,000 and the carrying costs are estimated at 15.625% of the inventory cost. What is the total carrying cost?EOQ is 1,500 units based on annual demand of 15,000 units. The ordering cost os P 25 and carrying cost is 0.3333. Find the Total Ordering Cost per year:The annual inventory requirement at the C &E Enterprises is P2,500 units. Each inventory item has a value of P5,000. Ordering cost is P50.00. Carrying cost is 20% of average inventory. Find the following: a. Annual Ordering cost b. Total annual inventory cost
- Maxmin Trading Company buys 1,000 pcs of chair per month. The cost per chair is Php500 and ordering cost is Php400. The inventory carrying cost is estimated at 10% of the price of the chair. Determine the total carrying costSF, owner of the kebab houses, uses 20 pounds of mince each day in preparing meatball. Order costs for mince are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the mince itself costs $3.00 per pound. At what point should she reorder mince? Select one: 20 pounds remaining 60 pounds remaining 100 pounds remaining 80 pounds remaining 40 pounds remainingABC 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.
- Calculate the inventory carrying cost if weekly demand is 150 units, the value of the item is $70 and the carrying cost is 18% of the item value.The XYZ Company has an annual sale of 20,000 television sets. each inventory item has a value of P2,500.00. Ordering cost is P500.00 per order. Carrying cost is 25% of average value. Find the following: a. Optimal number of order per year b. Economic order quantity c. Annual carrying cost d. Annual Ordering cost e. Total annual inventory costPiddling Manufacturing assembles security monitors. It purchases 3,600 black and white cathode ray tubes(CRT’s) at $65 each. Ordering costs are $31, and annual carrying costs are 20% of the purchase price.Compute the optimal order quantity.