How many purchase units should be purchased at the order point? 8.

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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Do problem 2 letter g
"
"
Lead time
Safety level
a. How many pounds should be ordered at the order point? How many 10-pound
poly bags should be purchased?
1 day
1 day
b. The order is placed when there are 390 pounds available. How many purchase units
should be ordered?
c. What is the usage rate in the four-day order period?
d. How many 10-pound poly bags are used daily and during the order period?
e.
How many purchase units are included in the lead time and safety level factors?
f. What is the maximum number of pounds to be available?
How many purchase units should be purchased at the order point?
8.
Item
Ground Beef
Green Beans
Tomato Sauce
Shrimp
Problem 3
The following information is provided on a delivery invoice. Use this information to answer
the following questions:
.
lasing and Receiving Controls 225
Ordered
25
12
6
6
•
Pack
10 lb
6 #10 cs
6 #10 cs
10 5-lb cs
Weight (lb)
250 lb
300 lb
Unit Price
$2.30
$28.10
$26.75
$8.45
a. What is the total amount due?
b. The sharp-eyed employee who received the order noticed the following:
.
Amount
Only 23 10-pound bags of ground beef were received.
One case of green beans appeared damaged (the corner of the case was crushed;
the cardboard case looked like it had been wet and then had dried).
There were 7 cases of tomato sauce.
There were only 5 cases (10 5-lb) of shrimp.
What is the amount that should be entered on the request-for-credit memo?
What is the adjusted amount of the delivery invoice?
c. The supplier will give a 10-percent discount if the invoice is paid within 10 days. What
is the total amount of the invoice to be paid, assuming that this discount is taken?
Transcribed Image Text:" " Lead time Safety level a. How many pounds should be ordered at the order point? How many 10-pound poly bags should be purchased? 1 day 1 day b. The order is placed when there are 390 pounds available. How many purchase units should be ordered? c. What is the usage rate in the four-day order period? d. How many 10-pound poly bags are used daily and during the order period? e. How many purchase units are included in the lead time and safety level factors? f. What is the maximum number of pounds to be available? How many purchase units should be purchased at the order point? 8. Item Ground Beef Green Beans Tomato Sauce Shrimp Problem 3 The following information is provided on a delivery invoice. Use this information to answer the following questions: . lasing and Receiving Controls 225 Ordered 25 12 6 6 • Pack 10 lb 6 #10 cs 6 #10 cs 10 5-lb cs Weight (lb) 250 lb 300 lb Unit Price $2.30 $28.10 $26.75 $8.45 a. What is the total amount due? b. The sharp-eyed employee who received the order noticed the following: . Amount Only 23 10-pound bags of ground beef were received. One case of green beans appeared damaged (the corner of the case was crushed; the cardboard case looked like it had been wet and then had dried). There were 7 cases of tomato sauce. There were only 5 cases (10 5-lb) of shrimp. What is the amount that should be entered on the request-for-credit memo? What is the adjusted amount of the delivery invoice? c. The supplier will give a 10-percent discount if the invoice is paid within 10 days. What is the total amount of the invoice to be paid, assuming that this discount is taken?
College,
- Problems
Complete the following perishable product quotation/call sheet. Indicate the preferred
supplier:
a. If each item is purchased from the supplier quoting the lowest price for that item.
b. If all items are purchased from the supplier submitting the lowest total price quotation
(suppliers A and B will provide a three-percent discount if all products are purchased
from them).
Explain any special concerns you may have about the price quotations.
Amount
Needed On Hand
42 cases
1½ cases
1 case
3 cases
Item
Lettuce
12 cases
Spinach
6 cases
Cabbage
4 cases
Escarole 7 cases
Problem 1
Purchase unit =
Usage rate =
Order period =
Order
Total
1
$19.90 cs=
$23.40 cs=
$12.90 cs=
$27.50 cs=
Problem 2
Use the information below to answer the following questions:
10-lb poly bag (ground beef)
170 lb per day
4 days
Supplier
2
$21.10 cs=
$20.10 cs=
$9.80 cs=
$21.00 cs=
3
$18.90 cs=
$24.10 cs=
$11.15 cs=
$29.50 cs=
Transcribed Image Text:College, - Problems Complete the following perishable product quotation/call sheet. Indicate the preferred supplier: a. If each item is purchased from the supplier quoting the lowest price for that item. b. If all items are purchased from the supplier submitting the lowest total price quotation (suppliers A and B will provide a three-percent discount if all products are purchased from them). Explain any special concerns you may have about the price quotations. Amount Needed On Hand 42 cases 1½ cases 1 case 3 cases Item Lettuce 12 cases Spinach 6 cases Cabbage 4 cases Escarole 7 cases Problem 1 Purchase unit = Usage rate = Order period = Order Total 1 $19.90 cs= $23.40 cs= $12.90 cs= $27.50 cs= Problem 2 Use the information below to answer the following questions: 10-lb poly bag (ground beef) 170 lb per day 4 days Supplier 2 $21.10 cs= $20.10 cs= $9.80 cs= $21.00 cs= 3 $18.90 cs= $24.10 cs= $11.15 cs= $29.50 cs=
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