Assistants, Inc. a new cell phone manufacturer, uses approximately 28,800 microchips annually for Model #7346. The chips are used at a steady rate during the 250 workdays that the plant operates. The price of each chip is $10.00 and the annual holding (carrying) cost is $2.00 per unit per year. The ordering cost is $50. Assume no safety stock is kept. Answer the following questions. a) What is the optimal order size to use each time inventory needs to be replenished? microchips b) To assure accurate administrative records, a purchase order is given to the supplier each time EOQ is ordered. How many purchase orders are issued per year for chips? orders c) What is the annual ordering cost for microchips? $ d) How workdays are there between each purchase order placed (order cycle time)? (round to 1 decimal) days e) What is the average inventory level (quantity) of chips? microchips f) What is the annual carrying (holding) cost? $ g) What is the total cost of inventory? $ h) How much would the total annual inventory cost change if the order quantity must be 1500 units because of standard shipping container size? Hint: compare to part "g". $

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

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Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.