Questions from General Supply Chain

Q: Why is inventory management important to SCM?

Why is inventory management important to SCM?

Q: The revenue for a firm is $2,500,000

The revenue for a firm is $2,500,000. Its cost of revenue is $850,000 and its average inventory value for the year is $62,000. What is the inventory turnover?

Q: Given the following information, what is the annual inventory turnover ratio

Given the following information, what is the annual inventory turnover ratio? Revenue $2,2000,000  Cost of Revenue $1,250,000  Quarter 1 Ending Inventory $85,000  Quarter 2 Ending Inventory ...

Q: Given the following information, compute the economic order quantity, annual

Given the following information, compute the economic order quantity, annual holding cost, annual ordering cost, and total annual inventory cost. Annual requirements (R) = 50,000 units Setup cost (S)...

Q: How does a merchant differ from an industrial buyer?

How does a merchant differ from an industrial buyer?

Q: The annual requirement of a part is 360,000 units.

The annual requirement of a part is 360,000 units. The order cost is $120 per order, the holding rate is 12 percent and the part cost is $2,500 per unit. What are the (a) EOQ, (b) annual holding cost,...

Q: The monthly demand for a part is 1,500 units.

The monthly demand for a part is 1,500 units. The order cost is $285 per order, the holding cost is $56 per unit per year and the part cost is $850 per unit. The firm operates twelve months per year....

Q: Icy Snowmobile Inc. has an annual demand of 1,200

Icy Snowmobile Inc. has an annual demand of 1,200 snowmobiles. Their purchase cost for each snowmobile is $2,500. It costs about $250 to place an order, and the holding rate is 35 percent of the unit...

Q: Steamy Speedboats has an annual demand of 1,500 speedboats.

Steamy Speedboats has an annual demand of 1,500 speedboats. Its supplier offers quantity discounts to promote larger order quantities. The cost to place an order is $300, and the holding rate is 32 pe...

Q: Use the Steamy Speedboats problem above and assume that the order cost

Use the Steamy Speedboats problem above and assume that the order cost has dropped from $300 to $50. What is the optimal order quantity, annual purchase cost, annual holding cost, annual order cost an...