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Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4000 units and ordering cost = $15 per order. Assume that there are 50 weeks in the work year and 5 working days per week. The lead-time for the product is 2 weeks. The EOQ is:
If 200 units are ordered each time, then what will be the total annual holding cost?
If 200 units are ordered each time, how many orders will be placed in a year?
If 160 units are ordered each time, then the time between orders (in working days) is
If 200 are ordered each time, then what will be the total annual order cost?
assume no safety stock or service level requirement. In order not to run out of stock before the receipt of a new order, at what inventory level should the firm place an order? That is, what is the reorder point equal to?
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hetimes required to complete each of eight jobs in a two-machine flow shop are shown in the table that follows. Each job must follow the same sequence, beginning with machine A and moving to Machine B.
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A transshipment center receives incoming trucks at its loading dock; on average, 1.2 trucks arrive each hour. There is currently a team of two workers at the dock, who unload each shipment in about 30 minutes. Each worker is paid $10 per hour and ..
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