Question 2 10 Marks C Amz Enterprise Is A Shop That Sells Kid Toys Its Most Popular Toy Is Ejen Ali Action Figure T 1 (59.83 KiB) Viewed 43 times
Question 2 10 Marks C Amz Enterprise Is A Shop That Sells Kid Toys Its Most Popular Toy Is Ejen Ali Action Figure T 2 (44.43 KiB) Viewed 43 times
QUESTION 2 (10 marks) c) AMZ Enterprise is a shop that sells kid toys. Its most popular toy is Ejen Ali action figure. The Ejen Ali action figure has the following characteristics; Demand, D = 2500 units/year Working day per year = 250 days Ordering cost, S = RM25/order Holding cost, H = RM4/unit/year Lead time = 10 days i. ii. iii. Determine the optimal order quantity for Ejen Ali action figure (2 marks) Calculate the number of orders (N) per year (1.5 marks) What is the expected time between orders (T), assuming that AMZ Enterprise has 250 working days a year (1.5 marks) Determine the total annual cost for the workbook (2 marks) iv.
d) You are a retail variety shop owner and one of your fatest moving product (product XB) has an annual demand of 8000 pieces. Your shop operates 250 days per year, and on average, delivery of product XB from your supplier takes 3 days. V. vi. What would be an appropriate reorder point? (2 marks) Lately, the delivery from your supplier has been not consistent, ranging from 3 days to 5 days. How do you deal with the situation? (1 marks)
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