Zeta Inc, has the following details: Average lead time - 10 days Maximum lead time - 15 days Minimum lead time - 6 days Emergency purchases - 4 days Average consumption - 15 units per day Maximum consumption - 20 units per day. Calculate Danger Level
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Zeta Inc, has the following details:
Average lead time - 10 days
Maximum lead time - 15 days
Minimum lead time - 6 days
Emergency purchases - 4 days
Average consumption - 15 units per day
Maximum consumption - 20 units per day.
Calculate Danger Level
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- Erico Inc, has the following details: Average lead time - 10 days Maximum lead time - 15 days Minimum lead time - 6 days Emergency purchases - 4 days Average consumption - 15 units per day Maximum consumption - 20 units per day. Required: Danger LevelWith the following informatiion given by Razo Ltd, compute Danger level: Emergency purchases=4 days Average lead time=10 days Maximum lead time=15 days mimimum lead time=6 days Maximum consumption=20 units per day Average consumption=15 units per dayAverage lead time - 10 days Maximum lead time - 15 days Minimum lead time - 6 days Emergency purchases - 4 days Average consumption - 15 units per day Maximum consumption - 20 units per day. Calculate Danger Level
- A firm manufactures an item which has high level of demand in the market: Average lead time - 10 days Maximum lead time - 15 days Minimum lead time - 6 days Emergency purchases - 4 days Average consumption - 15 units per day Maximum consumption - 20 units per day. Compute the Danger Level for the firm.Compute the EOQ given the following information.The annual consumption is 6000 units, ordering cost is RO 60 per order and carrying cost is 20% of the price.The supplier quotes the following prices for the component.No of units bought at timePrice per unitLess then 1000OMR 101000 to 2999OMR 9.53000 and aboveOMR 9What is the optimal order quantity?Aeon Laketown predicts that 10,000 units of materials will be used duringthe year. The expected daily usage is 40 units. The expected lead time is 6days, and there is a safety stock of 300 units. Aeon expects that the cost ofmaterials will be P480 per unit. It anticipates that it will cost P200 to placeeach order. The annual carrying cost is P1.00 per unit.Required:a. Calculate the order point.b. Calculate the economic order quantity.c. Calculate the total ordering and carrying costs at EOQ point.
- An SKU has an annual demand of 10,000 units, each costing $15, ordering costs are$80 per order, and the cost of carrying inventory is 25%. Calculate the EOQ in unitsand then convert to dollars.Calculate the EOQ for exercise 8 if annual demand is 10,000 units,inventory storage costs average 20 percent, unit price is $50, and orderingcosts are $30.Assume Sparkle Co. expects to sell 150 units next month. The unit sales price is $90, unit variable cost is $45, and the fixed costs per month are $5,000. The margin of safety in terms of sales revenue is: Round to two decimal places.
- Ricky Orange’s annual demand is 12,500 units. Ordering cost is $100 per order. Holding cost is estimated at 20% of product cost which is $50 per unit. What is the number of orders per year using EOQ to compute the best quantity to order? What is the annual holding cost? What is the reorder point? Assume four weeks/month, lead time L is one week and demand rate is 250 units per week.Seah Corporation presents the following data: Usage is 400 units per month, cost per order is P20, and carrying cost per unit is P6. Given these data, answer the following questions: (A) What is the economic order quantity? (B) How many orders are required each month?You are asked to manage the purchases of potatoes (10 kgs per bag). The annual demand = 1200 bags, Deliveredpurchase cost = 30/bags, Annual carrying cost percentage= 10percent, Order cost = 50/order. The lead time is 5 working days. Assuming 24 working days per month. 5.1 Determine the Economic Order Quantity 5.2 Determine the reorder point 5.3 Determine the average inventory5.4 Suppose orders are placed only at review time. Find the optimal period and the optimal orderquantity.