ExamTutorials.com_BSOP330 Week 4 Lab Assignments Chapter 12, problems 12.1, 12.5, 12.9, 12.15_564197

ExamTutorials.com_BSOP330 Week 4 Lab Assignments Chapter 12, problems 12.1, 12.5, 12.9, 12.15_564197

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Chapter 12, problems 12.1 L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company’s manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? L. Houts Plastics Charlotte Inventory Levels Item Code # Average Inventory (units) Value ($/unit) 1289 400 3.75 2347 300 4 2349 120 2.5 2363 75 1.5 2394 60 1.75 2395 30 2 6782 20 1.15 7844 12 2.05 8210 8 1.8 8310 7 2 9111 6 3 Ans: L. Houts Plastics Charlotte Inventory Levels Item Cod e # Average Inventory (units) Value ($/unit) Annual Dollar Volume ($) Percentag e of Annual Dollar Volume ($) Class Total Percentage of Annual Dollar Volume ($) 1289 400 3.75 1500 44.49% Class A 80.08% 2347 300 4 1200 35.59% 2349 120 2.5 300 8.90% Class B 17.13% 2363 75 1.5 112.5 3.34% 2394 60 1.75 105 3.11% 2395 30 2 60 1.78% 7844 12 2.05 24.6 0.73% Class C 2.79% 6782 20 1.15 23 0.68% 9111 6 3 18 0.53% 8210 8 1.8 14.4 0.43% 8310 7 2 14 0.42% Total Dollar Volume ($) 3371.5 100.00% 100.00%
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Chapter 12, problems 12.5 William Beville’s computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D = 19,500 units/year Ordering cost S = $25/order Holding cost H = $4/unit/year a) Calculate the EOQ for the workbooks. b) What are the annual holding costs for the workbooks?
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