UNIVERSIDAD MILITAR NUEVA GRANADA

INVESTIGACIÓN DE OPERACIONES II
EOQ INVENTORS WORKSHOP

1. The company Maderal LTDA., manufacturer of office furniture,

produces metal desks in a volume of 200 per month. Each desk requires
4 special steel screws, which are purchased from a supplier in the city of
Cali. They cost $60 each screw, and the fixed costs generated by placing
orders amount to $10,000 per order. The time agreed with the hardware
supplier is 6 months. The company applies a monthly interest rate of
2.5% to calculate inventory maintenance costs. Find the optimal inventory
policy for Maderal Ltda.

2. An item sells for $15,000 a unit, but is offered a 10% discount for lots of
250 units or more. A company uses this item in a proportion that in the
last 15 days has behaved as follows:
DEMANDA(Unidades) 279 201 216 185 219 232 215 205 230 208 175 242 207 259 210
DIA 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

The cost of preparing to order a batch is $1,000,000, and the cost of

storage per unit per day is $120. The time from the time the order is
placed until it is received is 10 days. Find the optimal inventory policy.

3. The company soapdish TOP offers to the supermartes “SUPER

SHOPS” the following table of prices of soaps for clothes wash:

Cantidad de compra Precio, $/ jabón

1-500 4.50
501-1000 4.30
1001-1500 4.12
1501-2000 4.00
2001-3000 3.90
3001 o mas 3.85

The cost of each order is $40 and inventory retention is 17.4% per
annum, while demand is estimated at 600 monthly soaps. Calculate:
a- The economic order quantity
b- The optimal number of annual orders
c- The cycle time for each order in days.
d- Estimate the annual cost of purchasing the soaps plus the cost of
inventory management.

4. You are a warehouse manager who stores different products. The

volume of your storage capacity is limited. Suppose you must
purchase two items of the following characteristics:

PARAMETER ARTICLE 1 ARTICLE 2

Demand (units/year) 325 1000
Cost of an order $/order 20 20
Storage cost $/Unit. Year 2 1
Volume (m3 /units) 1 2

The maximum storage capacity available for these two items is equal to
300 m3 and the space rental fee is $0.20/m3.year. Find the optimal order
quantity for these two items that minimizes total inventory costs and
meets storage capacity.