Scribd Logo
Upload

Welcome to Scribd!

  • 14 views

    Inventory

    Uploaded by

    F13 NIEC
    The document contains information about calculating economic order quantities (EOQ) and costs for three product types - Litepro, Medpro, and Heavypro. It provides the demand, unit cost, ordering cost, holding cost percentage, calculated EOQ, cycle inventory, number of orders per year, and total ordering and holding costs for each product type. The total independent ordering costs for the three product types is $155,139.98.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Inventory

    Uploaded by

    F13 NIEC
    14 views3 pages
    The document contains information about calculating economic order quantities (EOQ) and costs for three product types - Litepro, Medpro, and Heavypro. It provides the demand, unit cost, ordering cost, holding cost percentage, calculated EOQ, cycle inventory, number of orders per year, and total ordering and holding costs for each product type. The total independent ordering costs for the three product types is $155,139.98.

    Original Title

    Inventory.xlsx

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document contains information about calculating economic order quantities (EOQ) and costs for three product types - Litepro, Medpro, and Heavypro. It provides the demand, unit cost, ordering cost, holding cost percentage, calculated EOQ, cycle inventory, number of orders per year, and total ordering and holding costs for each product type. The total independent ordering costs for the three product types is $155,139.98.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    14 views3 pages

    Inventory

    Uploaded by

    F13 NIEC
    The document contains information about calculating economic order quantities (EOQ) and costs for three product types - Litepro, Medpro, and Heavypro. It provides the demand, unit cost, ordering cost, holding cost percentage, calculated EOQ, cycle inventory, number of orders per year, and total ordering and holding costs for each product type. The total independent ordering costs for the three product types is $155,139.98.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 3

    Annual Demand = 1000 /month = 12000 units

    Ordering Cost = 4000


    Unit Cost = 500
    Holding Cost = 20%

    EOQ = 980
    Cycle Inventory = 490
    No of Orders = 12.25 /year

    Annual Ordering
    +
    Holding Cost = 97979.59
    Average Flow Time = 0.04 years = 0.49 months
    Annual Demand = 1000 /month = 12000 units
    Ordering Cost = 166.6667
    Unit Cost = 500
    Holding Cost = 20%

    EOQ = 200
    Cycle Inventory = 100
    No of Orders = 60.00 /year

    Annual Ordering
    +
    Holding Cost = 20000.00
    Average Flow Time = 0.01 years = 0.10 months
    Litepro Medpro Heavypro
    Demand 12000 1200 120
    Unit Cost 500 500 500
    Ordering Cost 4000 4000 4000
    Extra Cost/Order 1000 1000 1000
    Holding Cost 20% 20% 20%

    EOQ 1095 346 110


    Cycle Inventory 548 173 55
    No of Orders 10.95 3.46 1.10
    Ordering + Holding Cost 109544.51 34641.02 10954.45
    Average flow time(wks) 2.37 7.51 23.73

    Total Independent OC 155139.98

    You might also like