Operations Management CH 11Please show work and explain. Thank you.Question 17, Part C Problem 11-35 (Static)Demand for a book at Amazon is 250 units per week (assume 50 weeks per year). The book is supplied to Amazon from the bookpublisher for $10 per book plus the cost of shipping the order. The shipping has a fixed cost of $50 per order and a variable cost of $2per book shipped. So, the cost for the books is $12 per book, plus $50 times the number of orders placed.Assume the annual inventory carrying cost is 20 percent.a. What is the annual holding cost per book?Note: Round your answer to 2 decimal places.✔ Answer is complete and correct.2.40 per bookAnnual holding cost b. What is the optimal shipment size?Note: Assuming 50 weeks per year. Round your answer to the nearest whole number.Answer is complete and correct.722Optimal shipment sizebooksc. What is the average throughput time?Note: Do not round intermediate calculations. Round your answer to 3 decimal places.> Answer is complete but not entirely correct.0.680monthsAverage throughput time

Given dat Annual Demand (D) = 50 x 250 = 12500 Units Fixed Ordering Cost Per Order(O…

b. What is the optimal shipment size? Note: Assuming 50 weeks per year. Round your answer to the nearest whole number. Answer is complete and correct. Optimal shipment size 722 books c. What is the average throughput time? Note: Do not round intermediate calculations. Round your answer to 3 decimal places Average throughput time > Answer is complete but not entirely correct. 0.680 months

b. What is the optimal shipment size? Note: Assuming 50 weeks per year. Round your answer to the nearest whole number. Answer is complete and correct. Optimal shipment size 722 books c. What is the average throughput time? Note: Do not round intermediate calculations. Round your answer to 3 decimal places Average throughput time > Answer is complete but not entirely correct. 0.680 months

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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Question

Operations Management CH 11

Please show work and explain. Thank you.

Question 17, Part C

Problem 11-35 (Static)
Demand for a book at Amazon is 250 units per week (assume 50 weeks per year). The book is supplied to Amazon from the book
publisher for $10 per book plus the cost of shipping the order. The shipping has a fixed cost of $50 per order and a variable cost of $2
per book shipped. So, the cost for the books is $12 per book, plus $50 times the number of orders placed.
Assume the annual inventory carrying cost is 20 percent.
a. What is the annual holding cost per book?
Note: Round your answer to 2 decimal places.
✔ Answer is complete and correct.
2.40 per book
Annual holding cost

b. What is the optimal shipment size?
Note: Assuming 50 weeks per year. Round your answer to the nearest whole number.
Answer is complete and correct.
722
Optimal shipment size
books
c. What is the average throughput time?
Note: Do not round intermediate calculations. Round your answer to 3 decimal places.
> Answer is complete but not entirely correct.
0.680
months
Average throughput time

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