Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

What is the inventory control system for widgets

01/12/2021 Client: muhammad11 Deadline: 2 Day

Inventory Management

17)
Jill's Job shop buys two parts (Tegdiws and Widgets) for use in its production system from twodifferent suppliers. The parts are needed throughout the entire 52-week year. Tegdiws are used ata relatively constant rate and are ordered whenever the remaining quantity drops to the reorderlevel. Widgets are ordered from a supplier who stops by every three weeks. Data for bothproducts are as follows:
a. Tegdiws Widgets
Annual Demand 10,000 5,000
Holding cost (% of item cost) 20% 20%
Setup or order cost $150.00 $25.00
Lead time 4 1 week
Safety stock 55 5 units
Item Cost $10.00 $2.00
a.What is the inventory control system for Tegdiws? (reorder quantity and reorder point)Tegdiws – Fixed Order Quantity Model
b. What is the inventory control system for Widgets?
40.In the past, Taylor Industries has used a fixed–time period inventory system that involved taking a complete inventory count of all items each month. However, increasing labor costs are forcing Taylor Industries to examine alternative ways to reduce the amount of labor involved in inventory stockrooms, yet without increasing other costs, such as shortage costs.Here is a random sample of 20 of Taylor’s items.
ITEM NUMBER ANNUAL USAGE ITEM NUMBER ANNUAL USAGE
1 $1,500 11 $13,000
2 $12,000 12 $600
3 $2,200 13 $42,000
4 $50,000 14 $9,900
5 $9,600 15 $1,200
6 $750 16 $10,200
7 $2,000 17 $4,000
8 $11,000 18 $61,000
9 $800 19 $3,500
10 $15,000 20 $2,900

What would you recommend Taylor do to cut back its labor cost? (Illustrate using an ABC plan,-show work.
b. Item 15 is critical to continued operations. How would you recommend it be classified?
21. Item X is a standard item stocked in a company’s inventory of component parts. Each year the firm, on a random basis, uses about 2,000 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $5 per unit of average inventory. Every time an order is placed for more item X, it costs $10.

a. Whenever item X is ordered, what should the order size be?
b. What is the annual cost for ordering item X?
c. What is the annual cost for storing item X?

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Supreme Essay Writer
University Coursework Help
Top Grade Tutor
Exam Attempter
Assignment Hub
Assignment Hut
Writer Writer Name Offer Chat
Supreme Essay Writer

ONLINE

Supreme Essay Writer

I am a professional and experienced writer and I have written research reports, proposals, essays, thesis and dissertations on a variety of topics.

$35 Chat With Writer
University Coursework Help

ONLINE

University Coursework Help

This project is my strength and I can fulfill your requirements properly within your given deadline. I always give plagiarism-free work to my clients at very competitive prices.

$30 Chat With Writer
Top Grade Tutor

ONLINE

Top Grade Tutor

I find your project quite stimulating and related to my profession. I can surely contribute you with your project.

$40 Chat With Writer
Exam Attempter

ONLINE

Exam Attempter

I have read your project details and I can provide you QUALITY WORK within your given timeline and budget.

$43 Chat With Writer
Assignment Hub

ONLINE

Assignment Hub

As an experienced writer, I have extensive experience in business writing, report writing, business profile writing, writing business reports and business plans for my clients.

$23 Chat With Writer
Assignment Hut

ONLINE

Assignment Hut

I will be delighted to work on your project. As an experienced writer, I can provide you top quality, well researched, concise and error-free work within your provided deadline at very reasonable prices.

$22 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Save our sea turtles - Www learnlink sa edu au login - Diameter of alaska pipeline - Critical thinking community website - Crimelibrary com serial killers - Markup is measured either as a percentage of ____ or a percentage of ____. - HomeWork and Project - Sinusoidal regression worksheet - Certificate iv in train driving victoria - Sunflower nutraceuticals simulation answers - Discussion - Ethics - Http www dddns org 360 - Discussion 4.1 - Financial Plan Development PowerPoint Presentation with Speaker Notes - Managerial finance - Api non functional requirements - Hcs 475 problem analysis worksheet - Lección 1 lesson test vhlcentral answers - Microbiology case study examples with answers - Bendigo health specialist clinics - Overall equipment effectiveness ppt - Facts about blob fish - 900 x 600 paving slabs jewsons - 3 and 4 Homework - A man starts walking north at - Virgil book 2 translation - Different types of motion with examples - Fitrep bullets accomplishments examples - Mortality rate of ball turret gunners - Livingston company is a wholly owned subsidiary - Consumer behaviour case study questions - The dash between the dates poem by lucille britt - Map prince charles hospital - Fish names in australia - Civil engineering co op - Aviation security identity card - Tal distributors exercises answers chapter 2 - A(n) ____ is a predefined procedure that performs a specific task and then returns a value. - 4 page assignment must be ORIGINAL or will not PAY!!! Follow instructions care fully - Two stage cmos op amp - How to approve teacher account in homework market - Logic and critical thinking ppt - Atoms with same atomic number different mass - 120000 aud after tax - Ethical dilemma examples in public administration - Pico question nursing burnout - Let the carnival begin every pleasure every sin - Frankie avalon paternity suit 1963 - Salvation army mission statement australia - Speech Outline - A long solenoid with 1000 turns per meter - Pestle analysis of healthcare industry in usa - Improving the emergency department discharge process - Nojo original baby sling recall - Continuidad de los parques summary - Binary to gray code converter experiment - Worksafe smart move certificate - Bullet the blue sky - Skyward brandon sanderson pdf download - 2015 hsc pdhpe paper - Sample irb application completed walden university - Hcf top extras pdf - How does social class effect education? - Four angles of quadrilateral are in the ratio - How to prepare political science for css - Fragmentation of the US Healthcare system - Battle of milvian bridge primary source - Business Ethics: Paper - Business Finance Discussion - PANEL ACTIVITY - Discussion question acc 100 - Trl tennant creek pty ltd - Turtles at mon repos - 150 x 50 joist hangers - 5 r's of note taking - What is transference and countertransference in social work - Research in nursing 2-3 pages - Intermediate accounting chapter 23 statement of cash flows solutions - Creditors claims on the assets of a company are called - Autoenginuity download free full - America love it or leave it fallacy - A limitation of gestalt therapy is that it - Appraisal form answers for software engineer - Inert sidewinder missile for sale - Orange county school of the arts - How many electrons make up a charge of μc - Annual equivalent method solved problem - Swot analysis of dulux paints - HR:Discussion 10 - The microscope should be stored with the oil immersion - Where have all the sparrows gone - N ai the story of a kung woman - Msd grid wiring diagram - Thinking through the past volume 2 pdf - SUNDAY IS DUE - Thomas kilmann conflict model - Nursing discussion - Round 783 to the nearest ten - Organizational analysis paper