>>>> e 自 A ? ↑ < > G סוי - C Mind Tap Cengage Learning CENGAGE MINDTAP Chapter 12 Homework: Managing Inventories in Supply Chains Assignment: Chapter 12 Homework: Managing Inventories in Supply Chains Questions Problem 12-70 Algo (Managing Fixed-Quantity Inventory Systems) 6. 7. ng.cengage.com + O C Excel Online Student Work Q Search this course ? Save Assignment Score: 91.34% Submit Assignment for Grading e Question 8 of 11 ▸ A-Z Hint(s) Check My Work 8. 9. 10. 11. Spreadsheet Environmental considerations, material losses, and waste disposal can be included in the EOQ model to improve inventory-management decisions. Assume that the annual demand for an industrial chemical is 1,600 lb, item cost is $2/lb, order cost is $45, inventory holding cost rate (percent of item cost) is 15 percent. Use the EOQ Model Excel template in MindTap to answer the following: a. Find the EOQ and total cost, assuming no waste disposal. Do not round intermediate calculations. Round your answer for the EOQ to the nearest whole number and for the total cost to the nearest cent. Economic Order Quantity: Total cost: $ 597.70 693 lb Choose the correct graph illustrating the inventory costs. The correct graph is graph B + A. Cost -400 -350 -300 -250 Inventory costs Office A+
>>>> e 自 A ? ↑ < > G סוי - C Mind Tap Cengage Learning CENGAGE MINDTAP Chapter 12 Homework: Managing Inventories in Supply Chains Assignment: Chapter 12 Homework: Managing Inventories in Supply Chains Questions Problem 12-70 Algo (Managing Fixed-Quantity Inventory Systems) 6. 7. ng.cengage.com + O C Excel Online Student Work Q Search this course ? Save Assignment Score: 91.34% Submit Assignment for Grading e Question 8 of 11 ▸ A-Z Hint(s) Check My Work 8. 9. 10. 11. Spreadsheet Environmental considerations, material losses, and waste disposal can be included in the EOQ model to improve inventory-management decisions. Assume that the annual demand for an industrial chemical is 1,600 lb, item cost is $2/lb, order cost is $45, inventory holding cost rate (percent of item cost) is 15 percent. Use the EOQ Model Excel template in MindTap to answer the following: a. Find the EOQ and total cost, assuming no waste disposal. Do not round intermediate calculations. Round your answer for the EOQ to the nearest whole number and for the total cost to the nearest cent. Economic Order Quantity: Total cost: $ 597.70 693 lb Choose the correct graph illustrating the inventory costs. The correct graph is graph B + A. Cost -400 -350 -300 -250 Inventory costs Office A+
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter2: The Purchasing Process
Section: Chapter Questions
Problem 1GPE
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Question
Transcribed Image Text:>>>>
e
自
A
?
↑
< >
G
סוי
-
C Mind Tap Cengage Learning
CENGAGE MINDTAP
Chapter 12 Homework: Managing Inventories in Supply Chains
Assignment: Chapter 12 Homework: Managing Inventories in Supply Chains
Questions Problem 12-70 Algo (Managing Fixed-Quantity Inventory Systems)
6.
7.
ng.cengage.com
+ O
C Excel Online Student Work
Q Search this course
?
Save
Assignment Score: 91.34%
Submit Assignment for Grading
e
Question 8 of 11 ▸
A-Z
Hint(s) Check My Work
8.
9.
10.
11.
Spreadsheet
Environmental considerations, material losses, and waste disposal can be included in the EOQ model to improve inventory-management decisions. Assume that the annual demand for an
industrial chemical is 1,600 lb, item cost is $2/lb, order cost is $45, inventory holding cost rate (percent of item cost) is 15 percent. Use the EOQ Model Excel template in MindTap to
answer the following:
a. Find the EOQ and total cost, assuming no waste disposal. Do not round intermediate calculations. Round your answer for the EOQ to the nearest whole number and for the total cost to
the nearest cent.
Economic Order Quantity:
Total cost: $
597.70
693
lb
Choose the correct graph illustrating the inventory costs.
The correct graph is graph B +
A.
Cost
-400
-350
-300
-250
Inventory costs
Office
A+
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