How much would be Item X's total annual stockout cost? A. None of the above B. Zero C. Php 8,485 D. Php 16,971
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Item X is a standard item stocked in a company’s inventory of spare parts. Each year, the firm uses about 2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost of capital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. The company operates 360 days per year and Item X is received 9 days after placement of order.
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- Item X is a standard item stocked in a company’s inventory of spare parts. Each year, the firm uses about 2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost of capital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. The company operates 360 days per year and Item X is received 9 days after placement of order. How many times per year would Item X be ordered?a. 21x b. 50x c. 40x d. None of the above Kindly provide computations. Thank youItem X is a standard item stocked in a company’s inventory of spare parts. Each year, the firm uses about 2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost of capital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. The company operates 360 days per year and Item X is received 9 days after placement of order. How much would be Item X's total annual storage cost? A. Php 2,000,000 B. None of the above C. Php 8,485 D. Php 16,971 How much would be Item X's total annual stockout cost? A. None of the above B. Zero C. Php 8,485 D. Php 16,971Item X is a standard item stocked in a company’s inventory of spare parts. Each year, the firm uses about 2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost of capital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. The company operates 360 days per year and Item X is received 9 days after placement of order. a. How much would be Item X's total annual storage cost? Php 8,485 Php 16,971 Php 2,000,000 None of the above b. How much would be Item X's total annual stockout cost? Zero Php 8,485 Php 16,971 None of the above c. Including its total annual purchasing cost, how much would be Item X's total annual inventory cost? Php 2,008,485 Php 2,000,000 Php 2,016,971 None of the above Please ANSWER ALL THE QUESTIONS above to avoid being rated as unhelpful. Thank you!
- Item X is a standard item stocked in a company’s inventory of spare parts. Each year, the firm uses about 2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost of capital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. The company operates 360 days per year and Item X is received 9 days after placement of order. Including its total annual purchasing cost, how much would be Item X's total annual inventory cost? Php 2,008,485 Php 2,000,000 Php 2,016,971 None of the above What is Item X's average inventory level? 40 units 48 units 223 units None of the aboveItem X is a standard item stocked in a company’s inventory of spare parts. Each year, the firm uses about 2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost of capital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. The company operates 360 days per year and Item X is received 9 days after placement of order. How many units of Item X should be ordered each time? When should Item X be ordered? How much would be Item X's total annual purchasing cost? How much would be Item X's total annual procurement cost? Including its total annual purchasing cost, how much would be Item X's total annual inventory cost? What is Item X's average inventory level? How much would be Item X's total annual storage cost? How much would be Item X's total annual stockout cost? How many times per year would Item X be ordered?Item X is a typical object stored in a company's replacement parts warehouse. Per year, the company uses about 2,000 Item X items, and costs Php 1,000 per product. Both premiums and capital charges, storage costs contribute to 18 percent of item unit costs. It costs Php 400 to place an order for more of Item X. It runs 360 days a year and Item X is sent 9 days after order placing. How much Item X units can each be ordered? A. 94 parts. B. 95 parts C. 100 parts D. 2 thousand units
- Item X is a standard item stocked in a company’s inventory of spare parts. Each year, the firm uses about 2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost of capital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. The company operates 360 days per year and Item X is received 9 days after placement of order. How much would be Item X's total annual procurement cost? * Php 16,971 Php 2,000,000 None of the above Php 8,485 How much would be Item X's total annual storage cost? * Php 8,485 Php 16,971 Php 2,000,000 None of the above How much would be Item X's total annual stockout cost? * Php 16,971 Zero None of the above Php 8,485Item X is a standard item stocked in a company’s inventory of spare parts. Each year, the firm uses about 2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost of capital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. The company operates 360 days per year and Item X is received 9 days after placement of order. How much would be Item X's total annual procurement cost? A. None of the above B. Php 8,485 C. Php 16,971 D. Php 2,000,000Item X is a standard item stocked in a company’s inventory of spare parts. Each year, the firm uses about2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost ofcapital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. Thecompany operates 360 days per year and Item X is received 9 days after placement of order. How many units of Item X should be ordered each time? A. 94 unitsB. 95 unitsC. 100 unitsD. 2,000 units
- ITEMS 14 and 15 ARE BASED ON THE FOLLOWING INFORMATION: The following information is available for Edgar Corporation's Material X Annual usage 12,600 units Working days per year 360 days Normal lead time 20 days The units of Material X are required evenly throughout the year. 14. What is the reorder point? a. 35 units c. 700 units b. 20th-day d. 630 units 15. Assuming that occasionally, the company experiences delay in the delivery of Material X, such that the lead time reaches a maximum of 30 days, how many units of safety stock should the company maintain and what is the reorder point? Safety Stock Reorder Point a. 350 1,050 b. 350 700 c. 0 1,050 d. 1,050…PT Paya is a factory that produces umbrellas. This company requires 12,000 units of umbrella handles for 1 year. The ordering fee is Rp 50,000 for each order, regardless of the number of components ordered. Storage fee (per unit/year) is 10% of the component price. Material price Rp. 2500,- per unit. Working days in a year are 250 days. Delivery lead time is 4 days. The annual warning for umbrellas is 10,000 units per year. The umbrella production speed is 60 units per day. The set up fee for making an umbrella is Rp. 40.000,- per pair. The cost of storing umbrellas as a finished product is IDR 6000/unit/year. a) What is the most economical number of orders for umbrella handles (EOQ), order frequency, time interval between orders, reorder point and total cost?b) What is the POQ? What is the maximum supply? What is the Total Cost?[item no.5] A copany uses the production run model to determine the number of t-shirts that must be produced per production run. The cost per t-shirt is P150. The holding cost is P5 per unit per year and the cost of setting up the production line is Php1,500 per setup. The production rate is 250 per day and the daily demand rate is 100 units. The optimal production quantity per production run is 5000 units. What is the annual setup cost? a. Php15,000 b. Php10,125 c. Php7,500 d. Php6,000
