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- A retailer anticipates selling 4,050 units of its product at a uniform rate over the next year Each time the retailer places an order for a units, it is charged a flat fee of $75 Carrying costs are $27 per unit per year. How many times should the retailer reorder each vear and what should be the lot size to minimıze inventory costs? What 1s the minimum inventory cost? They should order units times a year. The minimum inventory cost is $ Get Help: Video eBooka. Assume that the cost of goods sold is 60% and that the monthly discount rate is 1%. Looking at the values in the exhibit above, you note that the average monthly revenue for a subscribed customer rises as the company sends more emails. In addition, the average monthly revenue for an unsubscribed customer also rises as the company sends more emails. What could explain both of these patterns? b. Calculate the 6-month LTV for each of the four tested email frequencies. Please show the spreadsheet with your calculations and be clear about any assumptions you are making. c. Based on this test, how many emails-per-week should the company be sending to its customers? This email frequency should apply to all customers; the company doesn't want to implement a different email frequency for different kinds of peopleGiven: Peter Piper has projected sales of 72,000 pipes this year, ordering cost of P6 per order, and carrying costs of P2.40 per pipe. With the given data, can you give me the solution on how to get: -What is the economic ordering quantity? -Total inventory cost at EOQ -How many orders will be placed during the year?-What will the average inventory be? Thank you in advance.
- The rate of consumption of an item is 20 units per year. The cost of procurement (i.e. placing an order and receiving the goods) per order is Rs. 40. The unit cost is Rs. 100. Inventory carrying cost is 0.16% and it depends upon the average stock. Use Model I to determine: (i) EOQ (ii) If lead time is 3 months, determine the reorder point.A company is presently ordering on the basis of an EOQ. The demand is 10,000units a year, unit cost is $10, ordering cost is $30, and the cost of carrying inventoryis 20%. The supplier offers a discount of 3% on orders of 1000 units or more. Whatwill be the saving (loss) of accepting the discount?Items purchased from a vendor cost $20 each, and the forecast for next year’s demand is 1,000 units. If it costs $5 every time an order is placed for more units and the storage cost is $4 per unit per year, a. What quantity should be ordered each time? b. What is the total ordering cost for a year? c. What is the total storage cost for a year?
- An inventory item has a demand of 10,000 units per month. The cost of each unit is $6, and the interest on tied-up money is 10%. The average ordering cost is $250 per order. a) What is the EOQ? units (round your response to the nearest integer). b) What is the optimal number of orders per year? to the nearest integer) c) What is the optimal number of days between any two orders? your response to the nearest integer) d) What is the annual holding cost? $ nearest integer) orders (round your response e) What is the total annual cost of the inventory system? $ to the nearest integer) days (round per year (round your response to the (round your responseWhat is the pricing equation and how is it used? If the product list price is $1000 and the retailer typically discounts the product at the end of the season by 20% on list price as an Incentive to sell the remaining 20% of the inventory to make room for next season’s products, what amount of upsell effort (Extra Fees for services) would be required all season to achieve an average Final Price paid by customers of 6% over list price over the entire season? Show your equations and calculations.What is the pricing equation and how is it used? If the product list price is $1000 and the retailer typically discounts the product at the end of the season by 20% on list price as an Incentive to sell the remaining 20% of the inventory to make room for next season’s products, what amount of upsell effort (Extra Fees for services) would be required all season to achieve an average Final Price paid by customers of 6% over list price over the entire season? Show your equations and calculations. short answer
- You place and order for 100 units of inventory at a unit price of P 50.00. The supplier offers terms of 3/30, net 90. How long do you have to pay before the account is overdue? If you take the full period, how much should you remit? How much is the discount offered? How quickly must you pay to get the discount? If you take the discount, how much should you remit? If you don’t take the discount, how much interests are you paying implicitly? How many days’ credit are you receiving?Johnny Sinclair sells 1,400 electronic water pumps every year. These pump cost P54.30 each. if annual inventory carrying cost are 9.0% and the cost of placing order is P90, what is the total annual inventory cost?A. Genesis Company is a wholesaler. It purchases 60,000 units of Product X per month for sale to retailers. The cost of placing an order is P100. The cost of holding one unit of inventory for one year is P4. Required: 1. Compute the economic order quantity. 2. How many orders would be placed under the EOQ policy? 3. Compute the annual ordering cost for the EOQ. 4. Compute the annual carrying cost for the EOQ. 5. Compute the total inventory-related cost at the EOQ. 6. Previously, the company had been purchasing 5,000 units of product X per order: What is the ordering cost per year under the previous policy? ii. The annual carrying cost? iii. How much money does the company save over the policy of purchasing 5,000 units per order using the EOQ policy? i. B. Kings Company presents the following information: 1. Annual credit sales: P 25,200,000 2. Collection period: 3 months 3. Rate of return: 12% Kings company considers changing its credit term from n/30 to 3/10, 1/30. The following are…