3.Tristar workshop in Jeddah uses 1600 Batteries during the course of a year. These batteries arepurchased from a supplier in Dubai. The following information is known about the batteries.Annual Demand- 1600 unitsHolding cost per battery per year= SAR 4Order cost per order- SAR 50Working days per yearLead time for orderBased on the above data:- 300= 3 DaysWhat is the Economic Order Quantity (EOQ) for this product?• How many orders should be processed per year?What is the expected time between orders?Determine total annual cost• Calculate the Re Order Point (ROP).

Inventory management is a process that involves the planning and control of the stock of products.…

Answered: Based on the above data: What is the…

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...

See similar textbooks

Similar questions

Su;bject: Logistic Management Q): What are the causes of poor inventory management & how manager control it & manage poor inventory? Q): What challenges faces in reverse logistic?
Please do not give solution in image format thanku
Genchev Industries conducts an ABC analysis of its inventory and develops the following table from its findings. Item Annual Usage Unit Cost Dollar Usage 1 9,960 $43.20 $430,272 2 3,362 $22.80 $76,654 3 8,332 $9.90 $82,487 4 3,074 $22.30 $68,550 5 2,968 $8.40 $24,931 6 4,195 $25.00 $104,875 7 4,536 $19.20 $87,091 8 9,538 $65.60 $625,693 9 3,484 $3.20 $11,149 10 10,232 $5.70 $58,322 Which of these items is a C item? a. Item 8 b. Item 6 c. Item 5 d. Item 1
Complete the master production schedule (enter your responses as whole numbers). On-hand inventory at end of week 1: 190 Week Forecasted demand Booked orders Projected ending inventory Master production schedule Available to promise 2 280 125 680 770 3 400 170 280 4 290 265 640 650 5 250 150 390 6 260 265 965 840 7 250 240 715 8 290 125 1295 870 555 9 310 190 985
This question is based on the following information pertaining to material Pogi: Usage 50 – 100 lbs. per day Lead time 8 – 12 days Size of the order 600 lbs. No. of days in a year 340 What is the average stock level? A. 1,250 B. 1,200 C. 1,000 D. 9252. What is the maximum stock level? 2,500 2,000 1,400 1,2003. What is the minimum stock level? 450 800 850 1,000 4. What is the re-order level? 1,200 1,600 1,750 1,800
QUESTION 2 Based on the information given below, compute the planned order releases and projected on hand balances for part A, P and M. Graph 1: Bill of Materials (BOM) J (2) Y (3) P (2) B M Table 2: Materials Requirement for Part A, P and M Part A Week 1 2 3 4 5 6. Gross requirement Scheduled receipts Projected on-hand inventory Net Requirements Planned order receipts Planned order releases Quantity = 50, Lead Time = 2, Safety Stock = 0 20 10 20 50 25 Part P Week 1 2 4 Gross requirement Scheduled receipts Projected on-hand inventory Net Requirements Planned order receipts Planned order releases Quantity = Lot-for-Lot, Lead Time = 1, Safety Stock = 30 60 100 %3D
State some drawbacks of just in time inventory management ?
Please do not give solution in image format thanku
If no safety stock is required, what would the re-order point be?
A major automobile manufacturer located in Georgetown, Kentucky, has two certified vendors that produce brake pads with the information shown below. New Albany Manufacturing is located in Columbus, Ohio, and LaPlaya Manufacturing is located in Monterrey, Mexico. The automobile assembly factory is assumed to operate 250 days per year. Certified Supplier New Albany Mfg. LaPlaya Mfg. Order Size (Q) 30,000 60,000 Price per Unit (P) Order quantity: Total procurement cost: Total management oversight cost: Total annual transportation cost: Annual order cost: Annual holding cost: Average annual pipeline inventory cost: Total supply chain costs: $14.38 $13.55 Oversight Cost per Unit (0) $0.00 $0.37 $ LA GA $ LA tA a. Use the Total Supply Chain Cost Excel template to compute the supply chain costs associated with each supplier if the annual demand is 480,000 brake pads. Do not round intermediate calculations. Round your answer to the nearest dollar. 30,000 units 60,000 units tA Transport Cost…
What lead time does the supplier’s scheduling and control system require?
Full steps

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS

Based on the above data: What is the Economic Order Quantity (EOQ) for this product? How many orders should be processed per year? • What is the expected time between orders? • Determine total annual cost • Calculate the Re Order Point (ROP).