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a) Cycle Inventory b) Total cost c) Reorder level if lead time is constant at 4 days

a) Cycle Inventory b) Total cost c) Reorder level if lead time is constant at 4 days

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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a) Cycle Inventory

b) Total cost

c) Reorder level if lead time is constant at 4 days

RighWay Sdn. Bhd .the pioneers in the textile industry specializing in t-shirts is concerned about its stock of popular shirt. Unit cost is RM 11.70 and annual holding cost is 27% of unit cost. Demand for an item is constant at 135 units per week. Company operates 52 weeks per year and 5 days per week. The company uses fixed order quantity policy to determine the order quantity for the shirt. Cost to place one order is RM81. Determine:
Transcribed Image Text:RighWay Sdn. Bhd .the pioneers in the textile industry specializing in t-shirts is concerned about its stock of popular shirt. Unit cost is RM 11.70 and annual holding cost is 27% of unit cost. Demand for an item is constant at 135 units per week. Company operates 52 weeks per year and 5 days per week. The company uses fixed order quantity policy to determine the order quantity for the shirt. Cost to place one order is RM81. Determine:
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