Buyer Discount Retailer Target Considering Ordering Colgate Toothpaste Stores Demand Colga Q31821402

A buyer at the discount retailer Target is considering orderingColgate toothpaste for its stores. Demand for Colgate toothpaste isestimated to be 31,200 tubes per year. The fixed cost of an order-including administrative, transportation, and receving- isestimated to be $130 per order. The unit annual holding cost is$0.90 per unit per year. The unit purchase price is $3.00. Orderingrestrictions dictate that you can only order in multiples of 100tubes (e.g. 2200 tubes, 2300 tubes, etc.). In an effort to increaseTarget’s order quantity, Colgate offers the following all unitquantity discount policy: Order Quantity Unit Price Q < 8,000$3.00 8,000 <= Q < 10,000 $2.96 Q>= 10,000 $2.92 If Targetminimizes total inventory costs (i.e. holding, setup, and materialcosts), what would the average flow time (in weeks) of a tube oftoothpaste be? Assume a 52-week year.  Round your answerto the nearest tenth of a week (e.g. 0.1, 1.6, 22.8, etc.)

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