QUESTION 4 A company makes go-karts produces on average 450g-karts a month i buys the...
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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
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