The EOQ. Given information: Annual demand is 26,400 yards per year Ordering cost is $165 per order Carrying cost is $1.8 per unit per annum (working notes)

Question

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Answer 1

Question

Chapter 20, Problem 20.18E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 26,400 yards per year

Ordering cost is $165 per order

Carrying cost is $1.8 per unit per annum (working notes)

2.

To determine

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

Given information:

Annual demand is 26,400 yards per year

EOQ is 2,200 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 26,400 yards per year

Number of weeks in a year is 50.

Purchasing lead time is 2 weeks

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Answer 2

Question

Chapter 20, Problem 20.18E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 26,400 yards per year

Ordering cost is $165 per order

Carrying cost is $1.8 per unit per annum (working notes)

2.

To determine

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

Given information:

Annual demand is 26,400 yards per year

EOQ is 2,200 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 26,400 yards per year

Number of weeks in a year is 50.

Purchasing lead time is 2 weeks

Expert Solution & Answer

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Answer 3

Question

Chapter 20, Problem 20.18E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 26,400 yards per year

Ordering cost is $165 per order

Carrying cost is $1.8 per unit per annum (working notes)

2.

To determine

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

Given information:

Annual demand is 26,400 yards per year

EOQ is 2,200 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 26,400 yards per year

Number of weeks in a year is 50.

Purchasing lead time is 2 weeks

Expert Solution & Answer

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Answer 4

Question

Chapter 20, Problem 20.18E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 26,400 yards per year

Ordering cost is $165 per order

Carrying cost is $1.8 per unit per annum (working notes)

2.

To determine

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

Given information:

Annual demand is 26,400 yards per year

EOQ is 2,200 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 26,400 yards per year

Number of weeks in a year is 50.

Purchasing lead time is 2 weeks

Expert Solution & Answer

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Answer 5

Chapter 20, Problem 20.18E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 26,400 yards per year

Ordering cost is $165 per order

Carrying cost is $1.8 per unit per annum (working notes)

2.

To determine

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

Given information:

Annual demand is 26,400 yards per year

EOQ is 2,200 units as calculated in part 1.

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 26,400 yards per year

Number of weeks in a year is 50.

Purchasing lead time is 2 weeks

Answer 6

Chapter 20, Problem 20.18E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 26,400 yards per year

Ordering cost is $165 per order

Carrying cost is $1.8 per unit per annum (working notes)

Answer 7

Chapter 20, Problem 20.18E

1.

To determine

To calculate: The EOQ.

Given information:

Annual demand is 26,400 yards per year

Ordering cost is $165 per order

Carrying cost is $1.8 per unit per annum (working notes)

Answer 8

2.

To determine

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

Given information:

Annual demand is 26,400 yards per year

EOQ is 2,200 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 26,400 yards per year

EOQ is 2,200 units as calculated in part 1.

Answer 10

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 26,400 yards per year

Number of weeks in a year is 50.

Purchasing lead time is 2 weeks

Answer 11

3.

To determine

To compute: The reorder point

Given information:

Annual demand is 26,400 yards per year

Number of weeks in a year is 50.

Purchasing lead time is 2 weeks

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

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The EOQ. Given information: Annual demand is 26,400 yards per year Ordering cost is $165 per order Carrying cost is $1.8 per unit per annum (working notes)

To calculate: The EOQ. Given information: Annual demand is 26,400 yards per year Ordering cost is $165 per order Carrying cost is $1.8 per unit per annum (working notes)

To compute: The number of order placed in a year. Given information: Annual demand is 26,400 yards per year EOQ is 2,200 units as calculated in part 1.

To compute: The reorder point Given information: Annual demand is 26,400 yards per year Number of weeks in a year is 50. Purchasing lead time is 2 weeks

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Chapter 20 Solutions

To calculate: The EOQ.

Given information:

Annual demand is 26,400 yards per year

Ordering cost is $165 per order

Carrying cost is $1.8 per unit per annum (working notes)

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

Given information:

Annual demand is 26,400 yards per year

EOQ is 2,200 units as calculated in part 1.

To compute: The reorder point

Given information:

Annual demand is 26,400 yards per year

Number of weeks in a year is 50.

Purchasing lead time is 2 weeks