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  3. ?alexis company uses 979979 units of a product per

?Alexis Company uses 979979 units of a product per year on a continuous basis. The product has a...

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Question

Finance

?Alexis Company uses

979979

units of a product per year on a continuous basis. The producthas a fixed cost of

?$4242

per? order, and its carrying cost is

?$44

per unit per year. It takes 5 days to receive a shipment afteran order is? placed, and the firm wishes to hold 10? days' usage ininventory as a safety stock.

a.??Calculate the EOQ.

b.??Determine the average level of inventory.??

?(Note?:

??Use a? 365-day year to calculate daily? usage.)

c.??Determine the reorder

point.

d.??Indicate which of the following variables change if the firmdoes not hold the safety? stock: (1) order? cost, (2) carrying?cost, (3) total inventory? cost, (4) reorder? point, (5) economicorder quantity.

a. ? Alexis' EOQ is

nothing

units.???(Round to the nearest whole? number.)

Answer & Explanation Solved by verified expert
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