BSOP 330 Week 3 Lab Assignments Chapter 13 problems 13.3, 13.5, 13.9, 13.21 (DEVRY).pdf

a) Calculate the EOQ for the workbooks.
b) What are the annual holding costs for the workbooks?
c) What are the annual ordering costs?
Chapter 12, problems 12.9
Southeastern Bell stocks a certain switch connector at its central
warehouse for supplying field service offices. The yearly demand
for these connectors is 15,000 units. Southeastern estimates its
annual holding cost for this item to be $25 per unit. The cost to
place and process an order from the supplier is $75. The company
operates 300 days per year, and the lead time to receive an order
from the supplier is 2 working days.
a) Find the economic order quantity.
b) Find the annual holding costs.
c) Find the annual ordering costs.
d) What is the reorder point?
Chapter 12, problems 12.15
M. Cotteleer Electronics supplies microcomputer circuitry to a
company that incorporates microprocessors into refrigerators and
other home appliances. One of the components has an annual
demand of 250 units, and this is constant throughout the year.
Carrying cost is estimated to be $1 per unit per year, and the
ordering cost is $20 per order.
a) To minimize cost, how many units should be ordered each time
an order is placed?
b) How many orders per year are needed with the optimal policy?