QUESTION 4 A company makes go-karts produces on average 450g-karts a month i buys the...
50.1K
Verified Solution
Link Copied!
Question
Accounting
QUESTION 4 A company makes go-karts produces on average 450g-karts a month i buys the tires for gokarts from a supplier at a cost of $30 per tire. The company's inventory carrying costs estimated to be of cost and the ordering is 570 per order 1 Calculate the EOQ in this problem (0.2) 2 What is the number of orders per year? (0.2) 3 Compute the average annual ordering cost (0.2) 4 Compute the average inventory (0.2) 5. What is the average annual carrying cost? (0.2) 6 Compute the total cost (0.4) 7 Knowing the demand for the go-karts, and having a lead time for the tires of 5 working days, what should we use as reorder point? For next time asume 30 working days (04) 8. Assume that the demand was actually higher 40% than estimated. What will be the actual annual total cost? (0.4) 9. Now the supplier offers a discount depending on the quantity of tires purchased at each order. The proposal is described in the table below. Ordering costs remains the same and inventory carrying costs are 10% of the price What order quantity will minimize the total inventory cost? (0.5) b What will be the new annual total costs? (0.5) Save and Submit to save and submit Click Save All Answers to save all answers. Save All Ant
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.