Question: 7. value 1000 points Problem 7-14 Johnson Corporation has the tollowing information about a produ…

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Jun 13, 2022

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Question: 7. value 1000 points Problem 7-14 Johnson Corporation has the tollowing information about a produ…

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7. value 1000 points Problem 7-14 Johnson Corporation has the tollowing information about a product tnat t cames in stock use Table 7:2 Average demand 55 units per day Average lead time 25 days ltem unit cost-$65 for orders of less than 400 units item unit cost $62 for orders of 400 units or more Ordering cost $43 inventory carrying cost-20% The business year is 300 days Standard deviation of demand- 2.6 units Standard deviation of lead time 22 days Desired service level . 97 72% a. wnat is the annual total acquisition cost of orderning at the $65 price? (oo not round intermediate calculations Round your calculation for EOQ to the nearest whole number and fnal answ to 2 decimal places.) S 1,076,795 00 b. What is the annual total acquisition cost of ordering at the $62 price? (Round your answer to 2 decimal places.) nual total acquisition cost Type here to search up
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7. value 1000 points Problem 7-14 Johnson Corporation has the tollowing information about a product tnat t cames in stock use Table 7:2 Average demand 55 units per day Average lead time 25 days ltem unit cost-$65 for orders of less than 400 units item unit cost $62 for orders of 400 units or more Ordering cost $43 inventory carrying cost-20% The business year is 300 days Standard deviation of demand- 2.6 units Standard deviation of lead time 22 days Desired service level . 97 72% a. wnat is the annual total acquisition cost of orderning at the $65 price? (oo not round intermediate calculations Round your calculation for EOQ to the nearest whole number and fnal answ to 2 decimal places.) S 1,076,795 00 b. What is the annual total acquisition cost of ordering at the $62 price? (Round your answer to 2 decimal places.) nual total acquisition cost Type here to search up

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