question archive Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughtout the year

Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughtout the year

Subject:FinancePrice:3.87 Bought7

Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughtout the year. These brackets are purchased from a supplier 100 miles away for $15 each, and the lead tie is 2 days. The holding cost per bracket per is 1,50 ( or 10% of the unit cost) adn the ordering cost per order is $18.75.
There are 250 working days per year.
A) What is EOQ?
B) Given the EOQ,what is the average inventory?
What is the annual inventory holding cost?
C) In minimizing cost,how many orders would be made each year? What would be the annual ordring cost?
D) Given the EOQ, What is the total annual inventory cost (including purchase cost)?
E) What is the time between orders?
F) What is ROP?

Option 1

Low Cost Option
Download this past answer in few clicks

3.87 USD

PURCHASE SOLUTION

Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

rated 5 stars

Purchased 7 times

Completion Status 100%