Spreadsheet word problems

8. The weekly requirement of a part is 950 units. The order cost is $85 per order, the holding cost is $5 per unit per year, and the part cost is $250 per unit. The firm operates fifty-two weeks per year. Compute the (a) EOQ, (b) annual holding cost, (c) annual order cost, and (d) total annual inventory cost. 12. Icy Snowmobile, Inc., has an annual demand of 1200 snowmobiles. Their purchase cost for each snowmobile is $2500. It costs about $250 to place an order, and the holding rate is 35 percent of the unit cost. Compute the (a) EOQ, (b) annual holding cost, (c) annual order cost, and (d) total annual inventory cost. 20. Paris Store stocks a part that has a normal distribution demand pattern during the reorder period. Its average demand during lead time is 650 units, and the standard deviation of demand during lead time is 60 units. What are the safety stock and statistical reorder points that result in a 97.5 percent service level?

Collepals.com Plagiarism Free Papers

Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS

Why Hire Collepals.com writers to do your paper?

Quality- We are experienced and have access to ample research materials.

We write plagiarism Free Content

Confidential- We never share or sell your personal information to third parties.

Support-Chat with us today! We are always waiting to answer all your questions.