Problem 4. Lexberhomes Company sell 12,000 gallon of chili-flavored iced buko each month. Carying costs are PO.10 per gallon and ordering costs are P50 per order. The company operates 30 days per month. Requirements: 9. EOQ (round to nearest whole number) 10. Number of order per month
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- Trumbull Co. plans to produce 100,000 toy cars during September. Planned production for October is 125,000 cars. Sales are forecasted at 90,000 toy cars for September and 120,000 toy cars for October. Each toy car requires four wheels. Trumbulls policy is to maintain 10 percent of the next months production in inventory at the end of a month. How many wheels should Tram bull purchase during September? a. 195,000 b. 112,500 c. 102,500 d. 410,00012. Fruit Cake Specialist sells 36,000 fruit cakes annually. Annual carrying costs are P5 per fruitcake and the ordering costs are P100 per order The firm has decided to maintain a safety stock of one month's sale or 3,000 fruitcakes.. the delivery time per order is 5 days. assume a 365- day year. What is the economic order quantity (EOQ)?Question 2 Ronamart needs 1000 coffee makers per year. The cost of each coffee maker is $78. Ordering cost is $100 per order. Carrying cost is $20 of unit cost. Lead time is 5 days. RonaMart is open 360 days/yr. Required: 2. how many times per year does the store reorder? 3. What is the length of order cycle? 4. What is the total annual cost if EOQ Quantity is ordered?
- Sugary Spice sells glazed ever fresh donuts. Demand for donuts is 500 boxes per week. Sugary Spice has a holding cost of 30 percent and incurs a fixed cost of $100 for each replenishment order it places for donuts. Given that cost is $2 per box of Donuts: a) How much should Sugary Spice order in each replenishment lot? b) If a trade promotion lowers the price of Frostee Flakes to $1.80 for a month, how much should Tastee Mart order given the short-term price reduction? c) What is the forward buy quantityA microbrewery purchases malt for production. The supplier charges $35 for delivery (no matter how much is delivered) and $1.20 per gallon. The annual holding cost is 35% of the price per gallon. Usage is 250 gallons/week. a) If the order quantity is 1000 gallons, what is the average inventory? b) If the order quantity is 1500 gallons, how many orders are placed each year? c) What is the EOQ quantity? d) If the order quantity is 2500 gallons, what is the sum of the ordering and holding costs PER GALLON? e) If orders are for the EOQ amount, what is the annual cost of the inventory system as a percentage of the annual purchase cost? f)If orders must be in integer multiples of 1000 gallons, how much should be ordered to minimize ordering and holding costs PER GALLON? g) A 3% purchase price discount is given if orders are for 8000 gallons or more. What would total annual costs (purchasing, ordering, and holding) be using this discount?Brown Sporting Goods, inc. buys baseball at $10 per dozen from its wholesales. Brown buys 1,600 dozen every 2 months, Brown will order 6 times in one year. The firm incurs interest expense of 20% on its inventory investment. In addition, rent, insurance, and property tax per year for each dozen baseballs in the average inventory is $0.5. The cost involved in handling each purchase order is $3,000. Required: 1.Determine the optimal order quantity using the EOQ model. 2.Determine the relevant total costs of ordering and carrying costs.
- Company A sells premium water bottles. The fixed costs is 29,709. The variable cost associated with producing one water bottle is $13 per unit. The water bottle is sold at price of $39. If the company set a goal of making $11,083 profit next month, how many bottles does the company need to sell?3. Aapki Humaari Beauty LLP requires 12000 units of Bear Shampoo annually as a part of its sales requirement, ordering one month usage at a time. Each shampoo bottle costs Rs 100.The ordering cost per order is Rs 50 and the carrying cost of the average inventory on a yearly basis is 10% You as an adviser to the company advise to buy the most economical order size. a. The company looks forward for your advice on understanding the concept of economic order size. b. Advise what should be desired quantity as per the economic purchase policy of the company and how much the company may save on account of ordering cost. Note : You can round off any number to lower side for the calculation purposeBakeryco sells cakes and croissants. Its only constraint is total employee work hours of 300 per week. SFco would like to order 1240 croissants and pay $5.30 each for them. Given the information below, should Bakeryco take SFco’s order? Cakes Croissants Usual Price $32 $6.50 VC $18.50 $1.95 Time required to make 90 minutes 3 minutes Current sales volume 123 per week 2,120 per week
- 8. A beauty supply store expects to sell 120 flat irons during the next year. It costs $1.60 to store one flat iron for one year. To reorder, there is a fixed cost of $6, plus $4.50 for each flat iron ordered. In what lot size and how many times per year should an order be placed to minimize inventory costs? how many flat irons per order how many orders per yearLulu hypermarket estimates daily demand of 18 kgs for a product . It costs RO 100 to make and receive an order , and it takes 16 workdays to receive it . The annual holding cost is 25 % of purchase price . The price RO 2 per kg . The company is operating 5 days per week , and a total of 210 workdays in one year . What is the minimum annual total holding and ordering cost in RO ? Round - up to the nearest integer 1) 725 2)None is correct 3)615 4) 625 5)152Rio Coffee Shoppe sells two coffee drinks—a regular coffee and a latte. The two drinks have the following prices and cost characteristics: The monthly fixed costs at Rio are $9,176. Based on experience, the manager at Rio knows that the store sells 70 percent regular coffee and 30 percent lattes. Required: How many cups of regular coffee and lattes must Rio sell every month to break even?