Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 18 Jan 2018 My Price 6.00

Adler Corporation

(28-3) Start with the partial model in the file Ch28 P03 Build a Model.xls on the textbookAc€?cs Web site. The following inventory data have been established for the Adler Corporation. (1) Orders must be placed in multiples of 100 units. (2) Annual sales are 338,000 units. (3) The purchase price per unit is $3. (4) Carrying cost is 20% of the purchase price of goods. (5) Cost per order placed is $24. (6) Desired safety stock is 14,000 units; this amount is on hand initially. (7) Two weeks are required for delivery. a. What is the EOQ? b. How many orders should the firm place each year? c. At what inventory level should a reorder be made? Hint: Reorder point = (Safety stock + Weeks to deliver Af— Weekly usage) Acˆ’ Goods in transit. d. Calculate the total costs of ordering and carrying inventories if the order quantity is (1) 4,000 units, (2) 4,800 units, or (3) 6,000 units. What are the total costs if the order quantity is the EOQ? e. What are the EOQ and total inventory costs if the following were to occur? (1) Sales increase to 500,000 units. (2) Fixed order costs increase to $30; sales remain at 338,000 units. (3) Purchase price increases to $4; sales and fixed costs remain at original values.

Answers

Maurice Tutor
(5)
Status NEW Posted 18 Jan 2018 12:01 AM My Price 6.00

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