What is the annual demand for one store? Find D

Question 10.5 pts
What is the annual demand for one store? Find D: (Choose the closest answer)
Group of answer choices
3900
4300
4800
5800
6500
7100
7800
8200
8600
9500
K.10300
L. 10700

Flag question: Question 2Question 20.5 pts
What is the per unit annual holding for one store? Find h: (Choose the closest answer)
Group of answer choices
75.65
145.35
150.00
113.75
221.75
250.00
325.00
333.50
375.25
399.00
415.75
453.55
Flag question: Question 3Question 31 pts
What is the per unit cost for each item? Cost is the amount the company pays their supplier per unit. Find C: (Choose the closest answer)
Group of answer choices
75.65
113.75
145.35
150.00
221.75
250.00
325.00
333.50
375.25
399.00
415.75
453.55
Flag question: Question 4Question 40.5 pts
What is the cost to place one order? In other words, every time the company places an order, which costs are incurred? Find S: (Choose the closest answer)
Group of answer choices
50
150
250
300
350
450
500
650
750
900
950
1050
Flag question: Question 5Question 50.5 pts
What is the weekly demand? Find D/52: (Choose the closest answer)
Group of answer choices
25
45
50
75
100
125
135
150
200
225
275
325
Flag question: Question 6Question 61 pts
How many orders per year are being placed annually? (Q = 900) Do Not Round. (Choose the closest answer)
Group of answer choices
8.67
6.67
5.33
2.41
7.50
8.10
1.67
5.00
4.25
3.25
6.15
3.75
Flag question: Question 7Question 70.5 pts
What is the annual cost to purchase the items? (Q = 900) (Choose the closest answer)
Group of answer choices
$1,565,000
$2,045,000
$2,100,000
$2,535,000
$3,005,000
$3,352,000
$3,675,000
$3,885,000
$4,200,000
$4,475,000
$4,585,000
$4,745,000
Flag question: Question 8Question 81 pts

What is the annual ordering cost, AOC? (Q = 900) (Choose the closest answer)
Group of answer choices
$4,589
$6,987
$8,233
$10,258
$11,568
$14,564
$27,678
$32,251
$39,765
$43,127
$48,136
$51,187
Flag question: Question 9Question 90.5 pts
What is the annual holding cost, AHC? (Q = 900) (Choose the closest answer)
Group of answer choices
$4,589
$6,987
$8,233
$10,258
$11,568
$14,564
$27,678
$32,251
$39,765
$43,127
$48,136
$51,187
Flag question: Question 10Question 100.5 pts
What is the total annual cost of inventory, TC? (Q = 900) (Choose the closest answer)
Group of answer choices
$1,620,000
$2,085,000
$2,106,000
$2,594,000
$3,058,000
$3,402,000
$3,715,000
$3,946,000
$4,315,000
$4,527,000
$4,635,000
$4,786,000

Flag question: Question 11Question 111 pts
What is the EOQ? (Choose the closest answer)
Group of answer choices
240
274
313
339
352
361
375
396
405
417
430
444
Flag question: Question 12Question 121 pts
Using the calculated EOQ, how often will orders be placed? All answers are in weeks. (Choose the closest answer)
Group of answer choices
8.67
6.67
5.33
2.41
7.50
8.10
1.67
5.00
4.25
3.25
6.15
3.75
Flag question: Question 13Question 131 pts
Using the calculated EOQ, what is the annual holding cost (AHC)? (Choose the closest answer)
Group of answer choices
$17,350
$18,551
$20,529
$26,258
$31,555
$34,124
$27,678
$19,215
$14,654
$12,789
$9,350
$23,176
Flag question: Question 14Question 141 pts
Using the calculated EOQ, what is the annual ordering cost (AOC)? (Choose the closest answer)
Group of answer choices
$17,350
$18,551
$14,654
$12,789
$9,350
$23,176
$26,258
$31,555
$34,124
$27,678
$19,215
$20,529
Flag question: Question 15Question 151 pts
What is the total annual cost of inventory, TC? (Q = EOQ) (Choose the closest answer)
Group of answer choices
$1,603,000
$3,388,000
$3,695,000
$3,915,000
$4,297,000
$4,503,000
$2,045,000
$2,115,000
$2,576,000
$3,027,000
$4,628,000
$4,781,000

Flag question: Question 16Question 160.5 pts
If they could order the EOQ instead of 900, how much would this one store stand to save annually?
Group of answer choices
$16,351
$17,552
$15,655
$14,788
$11,351
$22,175
$24,257
$28,556
$31,125
$29,679
$27,216
$18,362
Flag question: Question 17Question 171 pts
Why is this not possible for this company to use the calculated EOQ as their order size?
Group of answer choices
THEY DO NOT HAVE ENOUGH ROOM IN THEIR STORE TO USE THE EOQ AS THEIR ORDER SIZE.
THEY DO NOT HAVE ENOUGH MONEY TO AFFORD ORDER SIZES AS LARGE AS THE CALCULATED EOQ.
ORDERS CAN ONLY BE PLACED IN INCREMENTS OF 100.
ORDERS CAN ONLY BE PLACED IN INCREMENTS OF 50.
ORDERS CAN ONLY BE PLACED IN INCREMENTS OF 150.
THE CALCULATED EOQ IS SMALLER THAN THEIR WEEKLY DEMAND.
ORDERING THE CALCULATED EOQ WOULD ACTUALLY COST THEM MORE THAN USING THEIR PRESENT ORDER SIZE, 900 UNITS.
Flag question: Question 18Question 181 pts
If they order every 3 weeks, what will be the minimum required order size to fulfill three weeks of demand? Remember, you must abide by the Sony Distributor’s ordering rules.
Group of answer choices
125
150
200
250
300
350
400
425
450
475
500
550
Flag question: Question 19Question 191 pts
Assume they sell exactly 150 units each week during the three-week period. Based on the appropriate answer to the previous question, how many extra units will they have left at the end of each three-week period?
Group of answer choices
0
25
50
75
100
125
150
175
200
225
250
275
Flag question: Question 20Question 201 pts
Based on the ordering scenario where orders are placed every 3 weeks, over a 52-week year, how much extra inventory will this store have accumulated? (Take your answer to #19, divide by 3, and then multiply by 52)
Group of answer choices
0
438
867
1314
1752
2052
2600
3033
3467
3900
4333
4767
Flag question: Question 21Question 211 pts
If they instead order every 2 weeks what will be the minimum required order size to fulfill two weeks of demand? Remember, you must abide by the Sony Distributor’s ordering rules.
Group of answer choices
125
150
200
250
300
350
400
425
450
475
500
550
Flag question: Question 22Question 221 pts
Assume they sell exactly 150 units per week. Based on the appropriate answer to the previous question, how many extra units will they have left at the end of the 2-week period?
Group of answer choices
0
25
50
75
100
125
150
175
200
225
250
275
Flag question: Question 23Question 231 pts
Based on the weekly ordering scenario, over a 52 week year, how much extra inventory will this store have accumulated? (Take your answer to #22, divide by 2, and then multiply by 52)
Group of answer choices
0
438
867
1314
1752
2052
2600
3033
3467
3900
4333
4767
Flag question: Question 24Question 241 pts
Realistically, which of the following options is most attractive? An attractive option is one where the order size is close or equal to the EOQ, abides by the distributor’s ordering rules, and minimizes the amount of unnecessary inventory. (We will call this Q*)
Group of answer choices
ORDER 200 UNITS EVERY WEEK
ORDER 300 UNITS EVERY 2 WEEKS
ORDER 300 UNITS EVERY 2.25 WEEKS
ORDER 361 UNITS EVERY 2.41 WEEKS
ORDER 400 UNITS EVERY 2.67 WEEKS
ORDER 450 UNITS EVERY 3 WEEKS
ORDER 500 UNITS EVERY 3 WEEKS
ORDER 500 UNITS EVERY 3.33 WEEKS
Flag question: Question 25Question 251 pts
Using the Q*, what is the annual holding cost (AHC)? (Choose the closest answer)
Group of answer choices
$15,300
$16,550
$22,520
$24,254
$17,062
$32,125
$21,205
$15,644
$24,700
$14,779
$12,360
$22,276
Flag question: Question 26Question 261 pts
Using the Q*, what is the annual ordering cost (AOC)? (Choose the closest answer)
Group of answer choices
$15,300
$16,550
$22,520
$24,254
$17,062
$32,125
$21,205
$15,644
$24,700
$14,779
$12,360
$22,276
Flag question: Question 27Question 271 pts
What is the total annual cost of inventory, TC? (Q = Q*) (Choose the closest answer)
Group of answer choices
$1,603,762
$3,388,762
$3,695,762
$3,915,351
$4,297,351
$4,503,351
$2,045,351
$2,115,351
$2,576,762
$3,027,762
$4,628,762
$4,781,762

Flag question: Question 28Question 281 pts
The total annual savings for this store using our recommendation (Q*) versus the present lot size of 900, would be:
Group of answer choices
$18,351
$15,455
$15,908
$12,300
$17,658
$20,175
$22,150
$25,556
$31,125
$22,126
$18,122
$25,679

Flag question: Question 29Question 291 pts
Without store-by-store information it is difficult to say how much this would save the corporation. Nonetheless, using only the numbers for this store it can be said that if the numbers for the other 14 stores are similar there is a potential to save a total of about…Remember, there are 15 stores, total!
Group of answer choices
$275,265
$231,825
$238,620
$184,500
$264,87
$302,625
$332,250
$383,340
$466,875
$331,890
$271,830
$385,185

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