Demand for a specific design of dinning sets has been fairly large in the past several years and Statewide Furnishings, Inc. usually orders new dinning sets 10 times a year. It is estimated that the ordering cost is $400 per order. The carrying cost is $50 per unit per year. Furthermore, State Wide Furnishings, Inc. has estimated that the stock out cost is $120 per unit per year. Based on forecast, the annual demand is 600 units. State Wide Furnishings, Inc. has 350 working days in a year and its lead time is 14 working days. Assume the inventory policy of Statewide Furnishings, Inc. does not allow stock out. Determine the economic order quantity.
1. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the maximum allowable shortage.
a. 117.
b. 98.
c. 34.
d. 24.
2. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual ordering cost.
a. 592.82.
b. 1472.01.
c. 2051.28.
d. 4116.11.
e. none of the above.
3. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual holding cost.
a. 592.82.
b. 1472.01.
c. 2051.28.
d. 4116.11.
e. none of the above.
4. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual shortage cost.
a. 592.82.
b. 1472.01.
c. 2051.28.
d. 4116.11.
e. none of the above.
5. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual total relevant, including ordering, holding and shortage, cost.
a. 592.82.
b. 1472.01.
c. 2051.28.
d. 4116.11.
e. none of the above.
6. Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the reorder point.
a. 10.
b. –10.
c. 34.
d. 24.
e. none of the above.

Answers

Answer 1

Answer:

1. a. 117.

2. $2,051.48

3. 592.82

4. 1472.01

5. d. 4116.11

6. d. 24

Step-by-step explanation:

Economic Order Quantity : [tex]\sqrt{\frac{2 * Annual Demand *ordering cost}{Holding cost per unit } ( \frac{Holding cost + Shortage Cost}{Shortage cost }) }[/tex]

Economic order quantity is [tex]\sqrt{\frac{2 * 600 * 400}{50} (\frac{50 + 120}{120} )}[/tex]

EOQ = 117

2. ordering cost :

( total demand / EOQ ) * Ordering cost

( 600 / 117 ) * 400 = $2051.28

3. Holding cost :

Total demand * holding cost per unit

= 592.82

Reorder Point = Daily Demand * lead time

Reorder point = 600 / 350 * 14 = 24


Related Questions

Each month, 8 magazines arrive at Sydney's home. Write an equation that would show the number of motnths (n) it took for Sydney to receive 56 magazines.
btw this is multiple choice so this is the choices
A. 56n=8
B.n+8=56
C.8n=56
D.56-n=8
help me asap​

Answers

C.
Since 8 magazines are areiving each month (n) and the total is 56, all you have to do is multiply 8 by n and you get 56, the actual answer would be 7 though.

Answer:

C.8n=56

Step-by-step explanation:

What is the unit multipliers for seconds and minutes

Answers

Answer:

60 seconds? 1 minute?

Step-by-step explanation:

Answer:

steps below

Step-by-step explanation:

second to minute: 1 min / 60 sec

example: 3600 sec = (3600 sec / 1) * (1 min / 60 sec)

                                = (3600 * 1 min) / (1 * 60)

                                = 60 min

minute to sec: 60 sec / 1 min

example: 5 min = (5 min / 1) * (60 sec / 1 min)

                                = (5 * 60 sec) / (1 * 1)

                                = 300 sec

which expressionis 4 times as large as the expression 34 minus 15

Answers

Answer:64?

Step-by-step explanation:

HELP PLZZZ questions are on the screenshot whats y/4+6=10

Answers

Answer:

16

Step-by-step explanation:

y/4=4

y=16

What is the domain of the function

Answers

Answer:

Domain- (-∞,∞), {x/x ∈ R}

Step-by-step explanation:

Which sign makes this number sentence true?

|-6| __ |6|
A. >
B. <
C. =
D.

Answers

Answer:

C. =

Step-by-step explanation:

whenever you have |  | It will always be positive so -6 turns to 6 and that makes it equal.

What is 1/6 as a percent.

Answers

Answer:

16.66 %

Step-by-step explanation:

1 / 6 as a percent

= ( 1 / 6 ) x 100

= 100 / 6

= 16.66 %

1/6 = 16.6667% (percentage)

Kei buys a table and 12 chairs. Each chair cost the same price. The table cost $165. The total cost for the table and 12 chairs is $ 465. What is the cost of one chair?

Answers

Answer:

[tex]165 + 12c = 465[/tex]

Is the right answer

Answer:$25 per chair

Step-by-step explanation:

It’s $165 for only the table. Minus that from the $465 and you get $300. Do $300 divided by 12(amount of chairs) And you get $25. It’s $25 per 1 chair.

What is the inverse of y=2x^2-8

Answers

Answer:

f − 1 ( x ) = √ 2 ( x + 8 ) /2 , − √ 2 ( x + 8 ) /2

keep it under whole root  

 

Step-by-step explanation:

I need help with these questions ?

Answers

5. Either C or D, I’m not sure.
6. Neither likely or unlikely since it is close to 50%

Answer:

5. Every 25th student who enters the school than morning

6. It is neither likely or unlikely that it will rain tomorrow

Step-by-step explanation:

5. A random systematic sample of every 25th student will present the least bias

6. 0.48 is close to 0.5, which means there is almost an even chance that it will or will not rain

True or False
Can the expression (2x-2) +2 be read as the sum of two terms?

Answers

True it can show up and two different terms.

1) Which number line below
shows x 4?
a)
1 2 3 4 5 6
b)
0 1 2 3 4 5 6

C)26
O i 2 3 4
D)5
0 1 2
3 4 5
6
A
B
оооо
С
D

Answers

It’s c i think or can be d but my best bet is c !!

The graph of g(x) is a translation of y = RootIndex 3 StartRoot x EndRoot.

On a coordinate plane, a cube root function goes through (negative 6, negative 2), has an inflection point at (4, 0), and goes through (10, 2).

Which equation represents g(x)?

g(x) = RootIndex 3 StartRoot x minus 4 EndRoot
g(x) = RootIndex 3 StartRoot x + 4 EndRoot
g(x) = RootIndex 3 StartRoot x EndRoot + 1.5
g(x) = RootIndex 3 StartRoot x EndRoot minus 1.5

Answers

Answer: g(x) = RootIndex 3 StartRoot x + 2 EndRoot

Step-by-step explanation:

The equation that represents g(x) is [tex]g(x)= \sqrt[3]{x - 4}[/tex]

The graph of the function is given as:

[tex]y = \sqrt[3]{x}[/tex]

The above graph passes through the origin.

So, the function can be rewritten as:

[tex]y -0= \sqrt[3]{x - 0}[/tex]

The above function has an inflection point at (0,0).

The translated function is said to have its inflection point at (4,0).

So, the translated function is:

[tex]y -0= \sqrt[3]{x - 4}[/tex]

Subtract 0 from y

[tex]y= \sqrt[3]{x - 4}[/tex]

Express y as a function of x

[tex]g(x)= \sqrt[3]{x - 4}[/tex]

Hence, the equation that represents g(x) is [tex]g(x)= \sqrt[3]{x - 4}[/tex]

Read more about translation at:

https://brainly.com/question/4057530

What is 1/6 divided by 1/3 in simplest form

Answers

Answer:

1/2 or 0.5

Step-by-step explanation:

Answer:

1/18

Step-by-step explanation:

1/6÷1/3

1/3×1/6

1/3×6

1/18

Please help this is geometry :)

Answers

You put the line which crosses two points that intersect with each other

what is the value when x = 2?

i need this asap!

Answers

Answer:

y=6!

Step-by-step explanation:

you can easily see it on the graph. on the x axis, 2 is equivalent to 6

Answer:

When x is 2 y equals 6.

Step-by-step explanation:

You go right on the graph two units then go up the y axis till the line intersects the lines. In this case the graphed point is (2,6)

Solve for x. Round your answer to the nearest tenth.
42
37
X=
units

Answers

Answer:

10

Step-by-step explanation:

That little square gives you a hint that it's an 90 degree angle/ acute angle First add 42 and 37 and you will get 79. Next subtract 79 from 90 and you will get 11. (5 or more, raise the score, for or less, let it rest.) 11 equals 10.

Numarical form:

47 + 37 = 79

90 - 79 = 11

11 = 10

someone please help me answer this!!!

Answers

Answer:

15 using the Pythagorean theorem.

hope it helps, plz mark me as brainliest.

Answer:

15 units is the answer.

Step-by-step explanation:

points are (-3,-4) and (6,8)

Pythagorean theorem can be written as,

[tex]d=\sqrt{(x_2-x_1)^2 + (y_2-y_1)^2} \\\\d=\sqrt{(6-(-3))^2 + (8-(-4))^2}\\\\d=\sqrt{(9)^2+(12)^2} \\\\d=\sqrt{81+144} \\\\d=\sqrt{225} \\\\d=15[/tex]

∴ d = 15 units is the distance between the points.

Answer this for me please.

Answers

The answer is x=-5 and x=1
Explanation: you just look where the line crosses the x axis which is left to right

I would appreciate if someone could help me with this problem and answer it I will give you a brainlist :)

Answers

To me from the picture, all sides look the same. so I’m guessing it’s probably 11

Which data set could be represented by the box plot shown below?

10
12
14
16
18
20
22
24
26

Answers

Answer:

B

Step-by-step explanation:

12, 15, 15, 17, 19, 19, 20, 22, 24

The data set { 12, 14, 16, 18, 20, 22, 24, } is represented by the box plot above the number line.

Which data set could be represented by the box plot shown is to be determined.

What is the range?

Range, it is the set of the values that come out to an outcome for a certain mathematical operation.


What is a number line?

A number line is defined as a line is a horizontal line that has equally distributed number offsets. The numbers contained on the line will determine, the number on the line that can be answered. The query that reaches the numeral resolves how it will be used, eg, planning a point.

Since the box only represent the data set of the interval of its length,
so from 12 to 24 on the number line is a set of values that are represented by the box.

Thus, The data set { 12, 14, 16, 18, 20, 22, 24, } is represented by the box plot above the number line.

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#SPJ2

The ordered pair (10,3) is in quadrant:

Answers

Answer:

1

Step-by-step explanation:

ordered pairs with both positive numbers are in Q1

Answer:

That would be the first quadrant, also known as the I quadrant and the top right quadrant.

Salaries for teachers in a particular elementary school district are normally distributed with a mean of $49,000 and a standard deviation of $4,500. We randomly survey ten teachers from that district. (Round your answers to the nearest dollar.)
(a) Find the 90th percentile for an individual teacher's salary.
$


(b) Find the 90th percentile for the average teacher's salary.

Answers

Answer:

they get a lot of moohlah

Step-by-step explanation:

A triangular prism with dimensions is shown below.
5 ft
3 ft
8 ft
What is the volume of the triangular prism in cubic feet?
O A. 120 ft
O B. 20 ft
O C. 40 ft?
O D. 60 ft

Answers

The answer is A. 120 ft.

Help me please ASAP I need help

Answers

Answer:

Are you looking for the perimeter? if so it would be 34 yards

Step-by-step explanation:

PLEASE HELP ME MARKING PEOPLE AS BRAINLIST

Answers

Answer:

A

Step-by-step explanation:

Based on the data im the circle graph if there are 48 total students in the eighth grade, what is the total number of female eighth grade students on academic teams?

A. 48
B. 25
C. 36
D. 12

Answers

Answer:

D 12

Step-by-step explanation:

25% of 48 is 12

Please Give Brainliest

Im on a roll today since im sick

Verify the Identity.

tan²xsin²x = tan²x-sin²x

Answers

tan²(x) - sin²(x) = sin²(x)/cos²(x) - sin²(x)

… = sin²(x) (1/cos²(x) - 1)

… = sin²(x) (sec²(x) - 1)

… = sin²(x) tan²(x)

Someone please helppppp

Answers

Answer:

the correct answer is b) 4

My last question the picture wasnt there soo her eyou go

Answers

Answer:

1 cup - 50c

2 cups - $1

3 cups - $1.50

12 cups - $6

183 cups - $91.50

not sure what to put for "c"

Step-by-step explanation:

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