Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3,600 cases. A case of the soft drink costs R&B $2. Ordering costs are $22 per order and holding costs are 26% of the value of the inventory. R&B has 250 working days per year, and the lead time is 5 days. Identify the following aspects of the inventory policy: Economic order quantity. If required, round your answer to two decimal places. Q* = fill in the blank 1 Reorder point. If required, round your answer to the nearest whole number. r = fill in the blank 2 Cycle time. If required, round your answer to two decimal places. T = fill in the blank 3 days Total annual cost. If required, round your answer to two decimal places. TC = $ fill in the blank 4

Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3,600 cases. A case of the soft drink costs R&B $2. Ordering costs are $22 per order and holding costs are 26% of the value of the inventory. R&B has 250 working days per year, and the lead time is 5 days. Identify the following aspects of the inventory policy:

Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3,600 cases. A case of the soft drink costs R&B $2. Ordering costs are $22 per order and holding costs are 26% of the value of the inventory. R&B has 250 working days per year, and the lead time is 5 days. Identify the following aspects of the inventory policy:

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

See similar textbooks

Similar questions

What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?
a. Predict the sales resulting from a $15,000 investment in inventory and an advertising budget of $10,000.
The expenses and income of an individual are given in table form to the right. Find the Income net monthly cash flow (it could be positive or negative). Assume salaries and wages are after taxes. When you need to convert between weeks and months assume that Part-time job: $600 / month 1 month = 4 weeks Expenses Rent: $500 / month College fund from grandparents: $450 / month Groceries: $50 / week Scholarship: $5400 / year Tuition and fees: $2400 twice a year Incidentals: $60 / week The net monthly cash flow is $
Joe, the owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness. Last year the cost of goods sold at GR was $3,000,000. The average inventory in dollars was $250,000. (a) Calculate the inventory turnover for GR. (b) Calculate the weeks of supply. Assume 52 weeks per year. (c) Calculate the days of supply. Assume that GR operates 5 days per week.
Molly O'Malley is the new manager of the materials storeroom for Tudor Manufacturing. Mollly has been asked to estimate future monthly purchase costs for part #696, used in two of Tudor's products. Molly has purchase cost and quantity data for the past 9 months as follows: Month Cost of Purchase Quantity Purchased January $12,410 2,650 parts February 12,770 2,850 March 17,403 4,116 April 15,838 3,761 May 13,249 2,901 June 14,022 3,376 July 15,237 3,644 August 10,087 2,287 September 14,900 3,592 Estimated monthly purchases for this part based on expected demand of the two products for the rest of the year are as follows: Month Purchase Quantity Expected October 3,350 parts November 3,770 December 3,050 The computer in Molly's office is down, and Molly has been asked to immediately provide an equation to estimate the future purchase cost for part #696. Molly grabs a calculator and uses the high-low method to estimate a cost equation. What…
Calculate the Consumers' Surplus at the indicated unit price p (in dollars) for the given demand equation. p= 100q; p = 20 A. $3200 B. $4800 C. $80 D. $0
The table to the right shows expenses and income for an individual. Find the net monthly cash flow (it could be negative or positive). Assume that salaries and wages are after taxes, and assume 1 month = 4 weeks. Income Expenses Salary: $2000 / month Rent: $1130/month Groceries: $90 /week Utilities: $120 /month Health insurance: $450 semiannually Car insurance: $410 semiannually Gasoline: $25/week Miscellaneous: $390/ month Phone: $85/month The net monthly cash flow is $ (Round to the nearest dollar as needed.)
A company uses 5000 items per annum which has a price of $2 each. The ordering costs are $150 per order and holding costs are $1.50 per item per annum. The company is offered a 5% discount (discounted price is $1.90) for orders of 5000 and over. Order cost and holding cost remain at $150 per order and $1.50 respectively. Assuming that the company orders 5000 items per order, calculate the number of orders per annum, average stock, annual stock holding cost, annual order cost, annual inventory cost and the total annual cost of items and inventory.
The estimated demand and supply curve for apples is displayed below. If the current price is $100/ton, is there currently a surplus or shortage in the market for apples? By how much? *
The table to the right shows expenses and income for an individual. Find the net monthly cash flow (it could be negative or positive). Assume that salaries and wages are after taxes, and assume 1 month=4 weeks. Income Expenses Salary: $2200/month Rent: $990/month Groceries: $80/week Utilities: $120/month Health insurance: $500 semiannually Car insurance: $410 semiannually Gasoline: $45/week Miscellaneous: $440/month Phone: $75/month The net monthly cash flow is $nothing. (Round to the nearest dollar as needed.)
A manufacturer has a monthly fixed cost of $36,000 and a production cost of $7 for each unit produced. The product sells for $11/unit. a. What is the profit function? b. Compute the profit (loss) corresponding to production levels of 7,000 and 11,000 units.
Federal Express couriers delivers 2000 packages. The cost of raw materials is RO 1.200 and the cost of labour is RO 2 and the costs of overheads per unit is 0.500 RO. Fixed costs are RO 3000. What is the total costs? a. RO 5000 b. RO 10,400 c. RO 7400 d. RO 6400