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    Julie Ann E. Yu II
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    The document is a homework assignment on inventory management. It provides information about annual demand, order costs, holding costs, price breaks for different order quantities, and daily demand data. Students are asked to determine the best ordering option, its economic order quantity and total cost. They also must calculate the safety stock and reordering point given data on lead time, lead time standard deviation, and daily demand.

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    The document is a homework assignment on inventory management. It provides information about annual demand, order costs, holding costs, price breaks for different order quantities, and daily demand data. Students are asked to determine the best ordering option, its economic order quantity and total cost. They also must calculate the safety stock and reordering point given data on lead time, lead time standard deviation, and daily demand.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    Provide Solution On The Back of Paper

    Uploaded by

    Julie Ann E. Yu II
    The document is a homework assignment on inventory management. It provides information about annual demand, order costs, holding costs, price breaks for different order quantities, and daily demand data. Students are asked to determine the best ordering option, its economic order quantity and total cost. They also must calculate the safety stock and reordering point given data on lead time, lead time standard deviation, and daily demand.

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    © All Rights Reserved
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    of 1

    Seat number: ______________

    Homework: Inventory Management


    Course, Year and Section ______ -______-_______ Score: _______
    Name: _________________________________________
    Provide solution on the back of paper
    1) Determine the following:

    a. Best option (10 pts) a.________________________


    b. its Economic Order Quantity (10pts) and; b.________________________
    c. the Total Cost of Best Option (10 pts) c. _______________________

    Annual Demand = 6,000 ballpen


    Cost per order = P 150 per order
    Holding Cost per unit per year = 5% of the Price
    Quantity Ranges Price
    1 - 499 P10.00
    500 – 1,499 P 9.50
    1500 and above P 9.00

    2) Determine the amount of


    a. (a) safety stocks (5pts) and a._____________________
    b. (b) reordering point (5pts) b._____________________

    Average Leadtime = 3.5 days


    Standard deviation of Leadtime = 2 days
    Daily Demand
    (grams/day)
    25
    26
    26
    24
    26

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