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Author Question: The following information applies to Krynton Company, which supplies microscopes to laboratories ... (Read 49 times)

charchew

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Question 1

The economic order quantity model completely ignores ________.
◦ carrying costs
◦ ordering costs
◦ stockout costs
◦ the size of a purchase order

Question 2

The following information applies to Krynton Company, which supplies microscopes to laboratories throughout the country. Krynton purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation. 

Annual demand (weekly demand = 1/52 of annual demand)53,000 units
Orders per year20
Lead time in days18 days
Cost of placing an order$200

What is the reorder point? (Assume a 365 day year.)
◦ 1040 units
◦ 2614 units
◦ 2650 units
◦ 2944 units


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Marked as best answer by charchew on Mar 6, 2021

amy.lauersdorf90

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charchew

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Reply 2 on: Mar 6, 2021
:D TYSM


gcook

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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