The HA H.A.L.Computer

question 30

Essay

The H.A.L.Computer Store sells a printer for $200.Demand for this is constant during the year, and annual demand is forecasted to be 600 units.The holding cost is $20 per unit per year, while the cost of ordering is $60 per order.Currently, the company is ordering 12 times per year (50 units each time).There are 250 working days per year and the lead-time is 10 days.
(a)Given the current policy of ordering 50 units at a time, what is the total of the annual ordering cost and the annual holding cost?
(b)If the company used the absolute best inventory policy, what would the total of the ordering and holding cost be?
(c)What is the reorder point?

---

Definitions:

Macro Practice

Social work practice focused on large-scale social processes and structures, aiming at systemic change in communities or organizations.

Battered Women

Battered women describes females who have experienced physical, emotional, or sexual abuse by a partner or family member, highlighting a pattern of domestic violence.

Legislation

Laws and statutes that have been enacted by a legislative body to regulate, authorize, sanction, grant, declare, or restrict various activities.

Female Leadership

Refers to organizations or initiatives that are led by women or the concept of promoting leadership roles among women in various sectors.