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Kroger's orders Louisiana Specialty Foods famous meat pies at a rate of 350 cases a month. The order cost, which includes transportation is $37.50. Annual holding costs are $5.75 per case. The internal expense per/pie is $2.59. Assume 250 days per year. Lead time is 3 days. a. Determine the EOQ [Select] b. What is the average inventory? [Select] c. Determine the number of orders per year [Select]

Kroger's orders Louisiana Specialty Foods famous meat pies at a rate of 350 cases a month. The order cost, which includes transportation is $37.50. Annual holding costs are $5.75 per case. The internal expense per/pie is $2.59. Assume 250 days per year. Lead time is 3 days. a. Determine the EOQ [Select] b. What is the average inventory? [Select] c. Determine the number of orders per year [Select]

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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Kroger's orders Louisiana Specialty Foods famous meat pies at a rate of 350 cases a month. The order cost, which includes transportation is $37.50. Annual holding costs are $5.75 per case. The internal expense per/pie is $2.59. Assume 250 days per year. Lead time is 3 days. a. Determine the EOQ [Select] b. What is the average inventory? [Select] c. Determine the number of orders per year [Select ] d. Determine total inventory-related costs per year [Select] > e. What is the total cost, including the cost of the pies? [Select] What if Kroger's decid to reduce the ordering of the pies to 190 cases very time they placed an order, wh ordering costs? [Select] impact would if on
Transcribed Image Text:Kroger's orders Louisiana Specialty Foods famous meat pies at a rate of 350 cases a month. The order cost, which includes transportation is $37.50. Annual holding costs are $5.75 per case. The internal expense per/pie is $2.59. Assume 250 days per year. Lead time is 3 days. a. Determine the EOQ [Select] b. What is the average inventory? [Select] c. Determine the number of orders per year [Select ] d. Determine total inventory-related costs per year [Select] > e. What is the total cost, including the cost of the pies? [Select] What if Kroger's decid to reduce the ordering of the pies to 190 cases very time they placed an order, wh ordering costs? [Select] impact would if on
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