There are 500 wood pallets for the transportation of the final product cases. Each pallet has a cost of$88. If the pallet holds 329 cases each, what will be unit cost?
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There are 500 wood pallets for the transportation of the final product cases. Each pallet has a cost of$88. If the pallet holds 329 cases each, what will be unit cost?
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- 6. The demand for a particular part called SKU 005 is 1,500 units a year. The cost of one SKU 005 is $40.00. It costs $50.00 to place an order for SKU 005, and the user of SKU 005 has a per year inventory carrying cost of 25% of unit cost. Assume 250 working days in the year where SKU 005 is used. (Noteshaper: Scenario #26) а. What is the combined annual holding and ordering cost of an order size of 200 units for SKU 005? b. How many of SKU 005 should be ordered, to minimize combined ordering and holding costs? c. The vendor who sells SKU 005 has just offered a 5% discount for orders of 500 or more. Now how many should be ordered? d. Once the purchasing manager for SKU 005 places an order, the vendor requires 7 working days to deliver that order. What should be the purchasing manager's reorder point?The fixed quantity version of EOQ compares and contrasts with the fixed interval version. Where will each of the scenarios be used?In a large microelectronics plant, the assembly cell for circuitboards has a demand for 200 units an hour. Two feeder cellssupply parts A and B to the assembly cell (one A and one Bfor each board). Standard containers that look like dividedtrays are used. A container will hold 20 As or 10 Bs. It takes10 minutes to fill up a container with As and 20 minutes tofill up a container with Bs. Transit time to the assembly cell is5 minutes for both A and B. No safety factor is used. Set up akanban control system for the assembly process.
- Ayşe Çalışkan,owner of Computer Village, needs to determine an optimalordering policy for Porto-Pro computers,annual demand for the computers is 28 000 MUand carrying cost is 23 percent. Ayşe has estimated order costs to be 48 MU per order.What are the optimal MU per order? per unit cost is Rs 500Q2) Groundz Coffee Shop uses 4 kgs of a specialty tea weekly; each kg costs $16. Carrying costs are $1 per kg per week because space is very scarce. It costs the firm $8 to prepare an order. Assume 52 weeks per year. How many kgs of tea should Groundz order at a time? What is total annual cost. How many orders should Groundz place annually. Q2) Groundz Coffee Shop uses 4 kgs of a specialty tea weekly; each kg costs $16. Carrying costs are $1 per kg per week because space is very scarce. It costs the firm $8 to prepare an order. Assume 52 weeks per year. How many kgs of tea should Groundz order at a time? What is total annual cost. How many orders should Groundz place annually.ABC Corporation recently decided to switch to just-in-time (JIT) inventory system. At the beginning of this switch, the firm has 40 units of product in inventory. The firm has 2,500 labor hours available in the first month of this switch. These hours could produce 700 units of the product. Customer demand for this month is 500 units. If JIT principles are correctly followed, how many units should the firm produce in the first month of the switch? a. 40 b. 740 c. 500 d. 460 e. 660 f. 200
- Basic EOQ Model 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 2,000,000 O Php 16,971 Php 8,485 None of the above dba Itam V'n total annual ctockouit cost? *Customer says: “Fifteen cases 4 points of olives will take up valuable space in my receiving room. It is already crowded."Salesperson says: “You will not have to face that problem. With the aid of our merchandising plan, you can display 10 cases immediately on the sales floor. Only five cases will become reserve stock. You should move all 15 cases in about two weeks."What methods of negotiation are being addressed in this scenario? * Direct Denial/Superior Benefit. O Indirect Denial/Third-party Testimony. Question/Trial offer. Superior Benefit/Postpone MethodA service garage uses 204 boxes of cleaning cloths a year. The boxes cost $12 each. The cost to place one order is $15, and the cost to hold one box in inventory for a year is $2.40. The EOQ is? a. 156.5 boxes b. 50.5 boxes c. 174.9 boxes d. 40.4 boxes
- Bateman Company produces helmets for drivers of motorcycles. Helmets are produced in batches according to model and size. Although the setup and production time vary for each model, the smallest lead time is six days. The most popular model, Model HA2, takes two days for setup, and the production rate is 1,125 units per day. The expected annual demand for the model is 54,000 units. Demand for the model, however, can reach 67,500 units. The cost of carrying one HA2 helmet is $3 per unit. The setup cost is $9,000. Bateman chooses its batch size based on the economic order quantity criterion. Expected annual demand is used to compute the EOQ. Recently, Bateman has encountered some stiff competition—especially from foreign sources. Some of the foreign competitors have been able to produce and deliver the helmets to retailers in half the time it takes Bateman to produce. For example, a large retailer recently requested a delivery of 18,000 Model HA2 helmets with the stipulation that the…Demand for portable music players for joggers has caused Nancy Industries (Nancy) to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nancy expects demand for music player to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demands for the players for last year was as follows : Month Demand (units) Jan 4200 Feb 4300 Mar 4000 Apr 4400 May 5000 Jun 4700 Jul 5300 Aug 4900 Sep 5400 Oct 5700 Nov 6300 Dec 6000 Question : From the choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which forecasting technique would you consider the most accurate to Nancy Industries? Why?M13 SPR (4) SPM Axle (2) T889 SPM (8) The M13 Bill of Material is given here. The table below shows your current inventory levels of each item. Item Quantity Axle SPM 76 SPR 3. T889 8. How many additional units of SPM are needed to make 95 M13s?