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Given the following list of items, Item Annual Demand 101 102 103 104 105 201 202 203 204 205 Item 101 102 103 104 105 201 202 203 204 530 205 1,530 5,030 280 1,530 10,030 1,030 1,530 530 100 Ordering Cost ($) 10 10 25 15 35 25 10 20 40 10 (a) Calculate the annual usage cost of each item. (b) Classify the items as A, B, or C. Annual Usage ($) Item Classification O O O O O Holding Cost (%) O O 20 30 30 25 35 15 20 25 25 15 Unit Price ($) 0.50 0.20 1.00 4.50 1.20 0.75 1.35 0.20 0.80 2.50

Given the following list of items, Item Annual Demand 101 102 103 104 105 201 202 203 204 205 Item 101 102 103 104 105 201 202 203 204 530 205 1,530 5,030 280 1,530 10,030 1,030 1,530 530 100 Ordering Cost ($) 10 10 25 15 35 25 10 20 40 10 (a) Calculate the annual usage cost of each item. (b) Classify the items as A, B, or C. Annual Usage ($) Item Classification O O O O O Holding Cost (%) O O 20 30 30 25 35 15 20 25 25 15 Unit Price ($) 0.50 0.20 1.00 4.50 1.20 0.75 1.35 0.20 0.80 2.50

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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Given the following list of items, Item Annual Demand 101 102 103 104 105 201 202 203 204 205 Item 101 102 103 104 105 201 202 203 204 530 205 1,530 5,030 280 1,530 10,030 1,030 1,530 530 100 Ordering Cost ($) 10 10 25 15 35 25 10 20 40 10 (a) Calculate the annual usage cost of each item. (b) Classify the items as A, B, or C. Holding Cost (%) Annual Usage ($) Item Classification O O 20 30 30 25 35 15 20 25 25 15 Unit Price ($) 0.50 0.20 1.00 4.50 1.20 0.75 1.35 0.20 0.80 2.50
Transcribed Image Text:Given the following list of items, Item Annual Demand 101 102 103 104 105 201 202 203 204 205 Item 101 102 103 104 105 201 202 203 204 530 205 1,530 5,030 280 1,530 10,030 1,030 1,530 530 100 Ordering Cost ($) 10 10 25 15 35 25 10 20 40 10 (a) Calculate the annual usage cost of each item. (b) Classify the items as A, B, or C. Holding Cost (%) Annual Usage ($) Item Classification O O 20 30 30 25 35 15 20 25 25 15 Unit Price ($) 0.50 0.20 1.00 4.50 1.20 0.75 1.35 0.20 0.80 2.50
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