Business, 30.11.2019 05:31 JohnJamesPaksitani

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas’s fastest moving inventory item has a demand of 6000 units per year. the cost of each unit is $100.00, and the inventory carrying cost is $10.00 per unit per year. the average ordering cost is $30.00 per order. it takes about 5 days for an order to arrive, and demand for 1 week is 120 units (this is a corporate operation, there are 250 working days per year). a. what is the eoq? b. what is the average inventory if the eoq is used? c. what is the optimal number of orders per year? d. what is the optimal number of days in between any two orders? e. what is the annual cost of ordering and holding and holding inventory? f. what is the total annual inventory cost, including cost of the 6,000 units?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:30

Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?

Answers: 2

Answer

Business, 22.06.2019 16:00

Three pounds of material a are required for each unit produced. the company has a policy of maintaining a stock of material a on hand at the end of each quarter equal to 30% of the next quarter's production needs for material a. a total of 35,000 pounds of material a are on hand to start the year. budgeted purchases of material a for the second quarter would be:

Answers: 1

Answer

Business, 22.06.2019 21:00

You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?

Answers: 3

Answer

Business, 22.06.2019 21:00

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.

Answers: 2

Answer

You know the right answer?

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain wit...

Questions