Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table".1 2 3 4405 6 740 60 30PeriodGross requirements 30Develop a lot-for-lot solution (enter your responses as whole numbers).PeriodGross requirementsOn-hand at beginning of periodOn-hand at end of periodOrder receiptOrder release"Holding cost = $1.50/unit/week; setup cost-$150; lead time = 1 week; beginning inventory = 40.40130234084 5 6740 60 30920 7010 11 1250810 11920 701250

Find the Calculation methods below:

Answered: Develop a lot-for-lot solution and…

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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Micro-Electronics Warehouse Headset and Webcam Sale Item Type Reg. Price After Savings Price BuddyChat 200 Headset $34.72 $24.40 BuddyChat 300 Headset $41.27 $34.91 BuddyCam HD Webcam $83.54 $61.46 You have decided to purchase the headset with the greatest markdown percent and the BuddyCam HD webcam in order to take advantage of an "Extra $15 Rebate" offer when you purchase both. What is the markdown percent on your total purchase including the rebate?
Please answer within 30 minutes. Extend the simple EOQ model to Quantity-Price Discounts. Show your work.
Given the following information for a purchased component, what is the total annual cost for the item? Annual demand = 500,000 Purchase price = $10 per unit Order quantity 100,000 • Order cost = $5 per order • Annual holding cost per unit = = $2 . $2.510,100 O $510,025 $510,250 O $5,100,250 O $5,100,025
1. What are some of the advantages of using sage 50 inventory system 2. Identify the steps to set up inventory item in sage 50 3. Explain the implication of sage 50 as an integrated system Plagiarism =o Write in good English language with examples
Use ABC analysis to determine the items deserving mostattention and tightest inventory control
Given the information below, conduct an ABC analysis and determine which items should be classified as A, B, and C. Which items do you suggest the firm keep the tightest control over? Explain. Item Part Number Item Cost Quantity In Stock 142-AZ $546.00 318 4392-GF $45.00 1250 86935-ES $15.35 3546 173-DC $653.00 1876 999-BA $199.00 526 7846-NM $23.00 973 2765-OP $385.00 790 103-VX $12.50 4875 2648-YT $16.75 5185
Please do not give solution in image format thanku Carousel Restaurant in Coquitlam is using perpetual inventory control method. Determine the reorder quantity of chickpeas cans if the par stock is 25 cans, delivery takes 5 days, the daily usage is 2 cans and the desired safety factor is 1.5 a. 10 b. 20 c. 25 d. 15
Outlook Gateways has a demand of 75Lakhs per year. Setup cost and holding costare 29 and 35 per unit. Number of pieces ina order includes 2.3 Lakhs per order.Printing is done 800 days and 2 days todeliver this magazine. What can be the EOQ of this? With abovedata find the Setup Cost and Holding costfor a year. What is the Reorder Point.
Enter the formulas in the template. The numeric answers are to the right. Quantity Discount Template (Detailed Documentation) Discount Quantity Min. 1 50 90 125 150 200 Price 1,400 1,100 900 895 890 885 Demand = Carrying cost = Ordering cost = EOQ = Average Inventory Order per year = Total Cost = Quantity Ordered $200.00 $190.00 2,500 Total Cost Order Cost Order Cost (D/Q* Ordering Cost) Carry Cost Carry Cost (Q/2* Carrying Cost) Purchase Cost (D* Price) Quantity Discount Template (Detailed Documentation) Discount Quantity Min. 1 50 90 125 150 200 Price 1,400 1,100 900 895 890 885 Demand = Carrying cost = Ordering cost = EOQ = Average Inventory Order per year = Total Cost = Quantity Ordered 72.5 72.5 90.0 125.0 150.0 200.0 $200.00 $190.00 2,500 72.5 36.3 2.8 $13,784.05 Order Cost $6,892 Total Cost $ 293,784.05 $ 233,784.05 $ 194, 105.56 $ 194,875.00 $ $ 198,500.00 $2,500.00 Order Cost (D/Q* Ordering Cost) $6,892.02 $6,892.02 $5,555.56 $4,000.00 195,583.33 $3,333.33 Carry Cost $6,892…
Annual demand 8,400 unitsUnit price (`) 2.4Ordering cost (`) 4.0Storage cost (`) 2%Interest rate 10% p.a.Lead time 1/2 monthCalculate EOQ, Reorder level and total annual inventory cost. How much does the total inventory
What function does finished-goods inventory play?
Average daily demand (normally distributed) = 15 Standard deviation = 5 Lead time is constant at 2 days 90% service level desired Z for 90% = 1.28 From Appendix I Q2.2. What reorder point should be?

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