Demand = 1570 per quarter, T (Inventory period) = 5.4 months, Lead Time - 3.9weeks, safety stock- 15.Q11.1. What is the inventory period (ROP, Q)?

The following information is provided to us: Demand per quarter is 1570, The inventory Period is 5.4…

Answered: Demand = 1570 per quarter, T (Inventory…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

3. If the lead time is four days and the daily demand is 25, what is the reorder point?
please show work in excel The New Haven Foundation gave a grant to the Affordable Computers Co.(ACC) to manufacture low cost computers for children in developing countries. ACC needs 3000 memory chips per month for use in producing these hardware. The ordering cost is 12 dollars, and holding cost is 0.3 dollars per chip per year. a) What is the economic order quantity for the memory chips? b) Based on your answer to part (a), what would be the time between orders? (Hint: Q/D)
Company X has a demand of 75 Lakhs per year. Setup cost and holding cost are 29 and 35 per unit. Number of pieces in a order includes 2.3 Lakhs per order. Printing is done 300 days and 2 days to deliver this magazine. What is the annual demand to production ratio in this case. What does it indicate for the company?
Authentic Thai rattan chairs (shown in the photo)are delivered to Gary Schwartz’s chain of retail stores, called TheKathmandu Shop, once a year. The reorder point, without safety stock,is 200 chairs. Carrying cost is $30 per unit per year, and the cost of a stockout is $70 per chair per year. Given the following demand prob-abilities during the lead time, how much safety stock should be carried? DEMAND DURING LEAD TIME PROBABILITY0 0.2100 0.2200 0.2300 0.2400 0.2
Complete all work in EXCEL- show formula Demand for a popular athletic shoe is nearly constant at 800 pairs per week for a regional division of a national retailer. The cost per pair is $54. It costs $72 to place an order, and annual holding costs are charged at 22% of the cost per unit. The lead time is two weeks. a. What is the EOQ? b. What is the reorder point? c. What is the cycle time? d. What is the total annual cost?
At the EOQ, what is the firm’s total inventory cost per year, assuming safety stock = 15 units?
Huki is a distributor of 'Cotton Shirt,' with a weekly demand of 50 units. Each unit costs at $40 with reorder cost at $200 and holding cost at 25% of value a year.a. Determine the economic order quantity (EOQ), holding cost, ordering cost and total costs.a. If the provider could only deliver 50 units at a time, is there any additional expenses?
a) Cycle Inventory b) Total cost c) Reorder level if lead time is constant at 4 days
OP = DDLT + SS Demand is 300 units a week, lead time is 3 weeks, and safety stock is 200 units. Calculate the order point? 900 1000 1100 1200
DETERMINING INVENTORY MODELS FSYHILD is a manufacturing company of made to order face shield. It is producing products at a constant rate with a requirement of 5,500 face shields per quarter throughout the year. If ordering costs are P35.00 per order, unit cost is P10.00 per face shield, and annual inventory holding cost are charged at 30% of the units cost. A. What is the EOQ for this component? B. What is the expected time between orders? C. What are the total annual inventory and holding cost associated with your EOQ recommendation? D. Assuming a lead time of 5 days, what is the reorder point? E. What is the total cost if the management decides to increase the demand by 75%?
The task I am struggling with. What percentage of cost of a Dell computer reflects inventory costs? Assume Dell’s yearly cost is 40% to account for the cost of capital for financing the inventory the warehouse space, and the cost of obsolescence. In other words Dell incurs a cost of $40 for a $ 100 component that is in the company’s inventory for one entire year. In 2001 Dells 10-k reports showed that the company had $400 million in inventory and COGS of $ 26.442 millionThank you very much for your help.
Opening inventory = 6.4 bottles Issues = 5 bottles Ending inventory = 6.5 bottles Bottle size = 1.5 Liters Standard portion = 1.3 ounces Drink price = $5.15 What is the standard revenue from this brand? $984 $900 $200.85 $350

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS

Demand = 1570 per quarter, T (Inventory period) <= 5.4 months, Lead Time weeks, safety stock = 15. Q11.1. What is the inventory period (ROP, Q)?