Pricing is one type of condition. Other conditions can be used to set discounts and surcharges. Explore/Discover at least two “Other Conditions” This is for a fundamentals of ERP class.
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- Micro-Electronics Warehouse Headset and Webcam Sale Item Type Reg. Price After Savings Price BuddyChat 200 Headset $34.72 $24.40 BuddyChat 300 Headset $41.27 $34.91 BuddyCam HD Webcam $83.54 $61.46 You have decided to purchase the headset with the greatest markdown percent and the BuddyCam HD webcam in order to take advantage of an "Extra $15 Rebate" offer when you purchase both. What is the markdown percent on your total purchase including the rebate?Discuss why is it not necessary to include product cost in the EQQ model, but the quantity inventory system, discount model requires this information ?Which product represent cash caw, question mark, dog and star in mtn products
- Please answer within 30 minutes. Extend the simple EOQ model to Quantity-Price Discounts. Show your work.Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table". 1 2 3 4 40 5 6 7 40 60 30 Period Gross requirements 30 Develop a lot-for-lot solution (enter your responses as whole numbers). Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release "Holding cost = $1.50/unit/week; setup cost-$150; lead time = 1 week; beginning inventory = 40. 40 1 30 2 3 40 8 4 5 6 7 40 60 30 9 20 70 10 11 12 50 8 10 11 9 20 70 12 50Discount-Mart (see Problem 16.8), as part of its newLean program, has signed a long-term contract with SpecialtyLighting and will place orders electronically for its halogen lamps.Ordering costs will drop to $.50 per order, but Discount-Mart alsoreassessed its carrying costs and raised them to $20 per lamp.a) What is the new economic order quantity?b) How many orders will now be placed?c) What is the total annual cost of managing the inventory withthis policy?
- Select one: a. price ceiling; below b. price floor; above c. price ceiling; at or below d. price ceiling; aboveSo, what exactly is the function of finished-goods inventory?7. Explain why it is not necessary to include product cost (price or price times quantity) in the EOQ model, but the quantity inventory system. discount model requires this information.
- When quantity discounts are offered, why is it not necessary to check discount points that are below the EOQ orpoints above the EOQ that are not discount points?Reorder Point Ordering: Average demand per day () is 25 units, with a std. dev. of (od) 15 units. Lead time (LT) is 49 days. Find demand during lead time (DDL), safety stock (SS) and reorder point (ROP ) for 4-sigma (z = 4). DDL= 500 units, SS = 1225 units, ROP = 1645 units DDL= 1,645 units, SS=420 units, ROP = 1225 units DDL= 1,225 units, SS = 420 units, ROP = 1645 units DDL= 0 units, SS = 1225 units, ROP = 420 units DDL= 420 units, SS = 1645 units, ROP = 420 unitsYear Cost of Good Sold Beginning Inventory (In Pesos) Ending Inventory (In Pesos) 1 503,425 10,300 12,400 2 643,056 12,400 11,200 3 690,432 11,200 10,670 4 734,509 10,670 11,200 5 758,734 ? 10,987 REQUIRED Determine the inventory turnover for year 5. Determine the number of days the finished goods stay in inventory in Year 1. There was no improvement in inventory turnover in Year 5 compared to Year 1. This statement is not correct. Write YES or NO for the answer