Given an order cost of $100, a, per period holding cost of $.50, and the following requirements schedule:PeriodDemand15090607010060What is the part-period method lot size for the order for the first period?Select oneа. 300Ob. 470c. 240d. 370e. 1503

In this arrangement, the serial requirements of an item beginning from the shortage or deficit date…

Answered: Given an order cost of $100, a, per…

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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19.The following information is available for Jawhead Inc.'s Material X: Annual Usage - 12,600 units; Working days per year - 360 days; Normal lead time - 20 days. The units of material X are required evenly throughout the year. What is the reorder point? * 20.Refer to No. 19.. Assuming that occasionally, the company experiences delay in the delivery of Material X, such that the lead time reached a maximum of 30 days, what is the reorder point? *
4. a. Categorize and define the inventory costs. b.The material DX is used uniformly throughout the year. The data about annual requirement, ordering cost and holding cost of this material is given below: Annual requirement: 2,400 units Ordering cost: $10 per order Holding cost: $0.30 per unit Calculate • EOQ • average inventory • number of orders per year length of order cycle and total cost.
is not among one of the assumptions of the basic Economic Order Quantity (EOQ) model O a. Annual demand requirements are known and constant. Ob. Each order is received in a single delivery. Oc. Quantity discounts are available. O d. Lead time does not vary.
Period 1 2 3 4 5 6 Demand 43 11 20 30 50 26 ordering cost 100 120 100 100 100 120 inventory cost 5 10 5 10 5 13 product cost 10 2 7.5 10 10 5 According to the W-W algorithm, what is the order quantity for the period two?
Assume material A calls out material B (qty per = 1). Material A has a stock quantity of 10. Material A has a demand for 100 due on 7/1 and there is an order for 90 with a due date of 7/1 and start date of 6/15. What is the requirement QUANTITY that will be generated for product B?
5. A product whose EOQ is 120 units experiences a decrease in ordering cost from $90 per order to $10 per order. The revised EOQ is: Select one: a. 900 b. 40 c. 360 d. 30 e. 10
Please do not give solution in image format thanku
Develop an EOQ solution and calculate total relevant costs for the data in the preceding table.
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
52
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
Here it’s the answers I just need an explanation of how did you get that number.

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Given an order cost of $100, a, per period holding cost of $.50, and the following requirements schedule: Period 1 3. 4 6. Demand 150 90 60 70 100 60 What is the part-period method lot size for the order for the first period?