Firm XYZ sells 10.000 unites pa a year, or a product with a cost of $8.50. On an

Question

Firm XYZ sells 10.000 unites pa a year, or a product with a cost of $8.50. On any given day the company has about $2,000 worth of inventory What are the memory turns? 42 5 turns per a year 5 turns per a year 52 turns per a year 26 turns per a year 1634 62 turns per a year Firm XYZ has on average $2000 north of inventory and uses $12,000 worth of inventory each week, hoe many weeks of supply does the firm have on hand 5 17 6 Form XYZ makes 3200 unit per day. with the cycle tune of 150 units per hour per line, it take 5 days lead lime to reorder supplies for production. What is the reorder point? 16.000 106 67 21 34 24.000 Using the following information to answer the following 4 questions. Annual demand is 10000 units, order quantity is 500 annual holding cost a $5 pa unit, set up or ordering costs ts $125 per order What is the annual ordering cost? 1250 1600 25000 2500 100 2456 What ts the annual holding. 1250 1600 5000 2500 100 2456

Explanation / Answer

22) A 42.5 turns per year

Inventory Turnover = Cost of Goods Sold / Average Inventory

cost of good sold = 8.5* 10,000 = 85,000

inventory = 2000

inventory turnover = 85,000/2,000 = 42.5

23)

B - 0.17 is the correct answer

= 2000/12000 = 0.17

24)

A - 16000 is the corrct answer

= 3200 * 5 = 16000

26)

d 2500 is the correct option

total orders = 10000/500 = 20

Ordering cost = 20 * 125 = 2500

27)

holding cost = 5 * 500 = 2500

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