The EOQ. Given information: Annual demand is 10,000 units per year Ordering cost is $200 per order Carrying cost is $7 per jersey.

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Answer 1

Question

Chapter 20, Problem 20.16E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 10,000 units per year

Ordering cost is $200 per order

Carrying cost is $7 per jersey.

2.

To determine

To compute: The number of order placed in a year.

Given information:

Annual demand is 10,000 units per year

EOQ is 756 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 10,000 units per year

Number of days in a year is 365

Purchasing lead time is 7 days

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Answer 2

Question

Chapter 20, Problem 20.16E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 10,000 units per year

Ordering cost is $200 per order

Carrying cost is $7 per jersey.

2.

To determine

To compute: The number of order placed in a year.

Given information:

Annual demand is 10,000 units per year

EOQ is 756 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 10,000 units per year

Number of days in a year is 365

Purchasing lead time is 7 days

Expert Solution & Answer

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Answer 3

Question

Chapter 20, Problem 20.16E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 10,000 units per year

Ordering cost is $200 per order

Carrying cost is $7 per jersey.

2.

To determine

To compute: The number of order placed in a year.

Given information:

Annual demand is 10,000 units per year

EOQ is 756 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 10,000 units per year

Number of days in a year is 365

Purchasing lead time is 7 days

Expert Solution & Answer

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Answer 4

Question

Chapter 20, Problem 20.16E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 10,000 units per year

Ordering cost is $200 per order

Carrying cost is $7 per jersey.

2.

To determine

To compute: The number of order placed in a year.

Given information:

Annual demand is 10,000 units per year

EOQ is 756 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 10,000 units per year

Number of days in a year is 365

Purchasing lead time is 7 days

Expert Solution & Answer

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Answer 5

Chapter 20, Problem 20.16E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 10,000 units per year

Ordering cost is $200 per order

Carrying cost is $7 per jersey.

2.

To determine

To compute: The number of order placed in a year.

Given information:

Annual demand is 10,000 units per year

EOQ is 756 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 10,000 units per year

Number of days in a year is 365

Purchasing lead time is 7 days

Answer 6

Chapter 20, Problem 20.16E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 10,000 units per year

Ordering cost is $200 per order

Carrying cost is $7 per jersey.

Answer 7

Chapter 20, Problem 20.16E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 10,000 units per year

Ordering cost is $200 per order

Carrying cost is $7 per jersey.

Answer 8

2.

To determine

To compute: The number of order placed in a year.

Given information:

Annual demand is 10,000 units per year

EOQ is 756 units as calculated in part 1.

Answer 9

2.

To determine

To compute: The number of order placed in a year.

Given information:

Annual demand is 10,000 units per year

EOQ is 756 units as calculated in part 1.

Answer 10

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 10,000 units per year

Number of days in a year is 365

Purchasing lead time is 7 days

Answer 11

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 10,000 units per year

Number of days in a year is 365

Purchasing lead time is 7 days

Answer 12

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Answer 13

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Answer 14

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Answer 15

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The EOQ. Given information: Annual demand is 10,000 units per year Ordering cost is $200 per order Carrying cost is $7 per jersey.

To calculate: The EOQ. Given information: Annual demand is 10,000 units per year Ordering cost is $200 per order Carrying cost is $7 per jersey.

To compute: The number of order placed in a year. Given information: Annual demand is 10,000 units per year EOQ is 756 units as calculated in part 1.

To compute: The reorder point Given information: Annual demand is 10,000 units per year Number of days in a year is 365 Purchasing lead time is 7 days

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Chapter 20 Solutions

To calculate: The EOQ.

Given information:

Annual demand is 10,000 units per year

Ordering cost is $200 per order

Carrying cost is $7 per jersey.

To compute: The number of order placed in a year.

Given information:

Annual demand is 10,000 units per year

EOQ is 756 units as calculated in part 1.

To compute: The reorder point

Given information:

Annual demand is 10,000 units per year

Number of days in a year is 365

Purchasing lead time is 7 days