Cam Answer Last One Since Asked Question First Four Answered Q36160726

cam you answer the last one since i asked this question beforebut only the first four were answered .

Question 18: (3/26): A retailer would like to determine the optimum order quantity based on the annual demand of the product, holding cost, and setup cost (ordering cost). The annual demand for the product is 2000 units. The holding cost of the product per year is S1 per item. The setup cost per order is $50 per order. The retailer operates 250 days in a year. (a) Based on the data given above, find the optimum order quantity (number of items per order). (b) If the company orders the optimum order quantity for each order, then how many orders will the company make during the year? (c) What would be the time between two orders? (d) What is the total holding and ordering cost? (e) Calculate the Reorder point, if the lead time for each order is 7 days. If the retailer of the previous question can get discounts based on based on the quantity, purchased according to the table below, then what would be the optimum order quantity? Question 18: (3/26): A retailer would like to determine the optimum order quantity based on the annual demand of the product, holding cost, and setup cost (ordering cost). The annual demand for the product is 2000 units. The holding cost of the product per year is $1 per item. The setup cost per order is $50 per order. The retailer operates 250 days in a year. (a) Based on the data given above, find the optimum order quantity (number of items per order). (b) If the company orders the optimum order quantity for each order, then how many orders will the company make during the year? (c) What would be the time between two orders? (d) What is the total holding and ordering cost? (e) Calculate the Reorder point, if the lead time for each order is 7 days. Show transcribed image text