Assuming no safety stock, what is the re-order point (R) given an average daily demand of 65 units, a lead time of 8 days, and 720 units on hand? HELP
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Assuming no safety stock, what is the re-order point (R) given an average daily demand of 65 units, a lead time of 8 days, and 720 units on hand? HELP
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- what is the optimal order quantity using the fixed-order quantity model?The annual demand for a particular chemical product is 1,200 units. Suppose that the annualholding cost is $24 per unit, and the ordering cost is $100.Part A: Find the optimal order quantity based on EOQ analysis, and calculate the combinedannual ordering and holding cost.Part B: Now suppose that the store manager finds out that the demand has been underestimated.Specifically, the correct annual demand is 1,500 units. On the other hand, due to operationalrestrictions she cannot change the order quantity and thus use the same order size from part A.How much this error cost the store? (This can also be considered as a penalty for parametermisestimation).If D = 8,400 per month, S = $43 per order, and H = $1.50 per unit per month, a) What is the economic order quantity? The EOQ is 694 units (round your response to the nearest whole number). b) How does your answer change if the holding cost doubles? The EOQ is whole number). units (round your response to the nearest
- If annual demand is 60,000 units, the ordering cost is $30 per order, and the holding cost is $6 per unit per year, what is the optimal order quantity using the fixed-order quantity model?1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your perce 3. What percentage of the throughput time was spent in non-value-added activities? (R whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final ar 5. If by using Lean Production all queue time during production is eliminated, what will b answer to 1 decimal place.)On the CVP graph, the intersection between the total costs line and the Y axis represents: O a The loss area Ob. The profit area Oc The margin of safety Od. The total fixed cost Oe None of the given answers XYZ company expects the following in the next month: sales volume 50,000 units, contribution margin ratio 60%, the selling price $2per unit, and the total fixed costs $10,000. What will be the degree of operating leverage in the next month? O a 6 O b. 12 Oc 3 Od. None of the choices given O e 25 on
