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The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemblies, the XO-01, has an estimated annual demand of 8,000 units. Talbot estimates the cost to place an order is $50, and the holding cost for each assembly is $20 per year. The company operates 250 days per year.72) Use the information in Scenario 9.1. What are the annual inventory holding costs if Talbot orders
using the EOQ quantity?
A) less than or equal to $1,500
B) greater than $1,500 but less than or equal to $4,000
C) greater than $4,000 but less than or equal to $6,500
D) greater than $6,500
The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemblies, the XO-01, has an estimated annual demand of 8,000 units. Talbot estimates the cost to place an order is $50, and the holding
cost for each assembly is $20 per year. The company operates 250 days per year. 73) Use the information in Scenario 9.1. What are the annual ordering costs if Talbot orders using the EOQ quantity?
A) less than or equal to $1,000
B) greater than $1,000 but less than or equal to $2,500
C) greater than $2,500 but less than or equal to $4,000
D) greater than $4,000
The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemblies, the XO-01, has an estimated annual demand of 8,000 units. Talbot estimates the cost to place an order is $50, and the holding cost for each assembly is $20 per year. The company operates 250 days per year.
74) Use the information in Scenario 9.1. What are the total annual holding and ordering costs if Talbot orders using the EOQ quantity?
A) greater than $7,000
B) greater than $5,000 but less than or equal to $7,000
C) greater than $2,500
but less than or equal to $5,000
D) less than or equal to $2,500
The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemblies, the XO-01, has an estimated annual demand of 8,000 units. Talbot estimates the cost to place an order is $50, and the holding cost for each assembly is $20 per year. The company operates 250 days per year.
77) Use the information in Scenario 9.1. The
purchasing manager decides that, in order to save purchasing time, orders for the XO-01 will be placed every three months, or four times per year. How much does this approach cost Talbot in total annual holding and ordering costs (instead of Talbot ordering using the EOQ quantity)?
A) greater than $18,000
B) greater than $14,000 but less than or equal to $18,000
C) greater than $10,000 but less than or equal to $14,000
D) less than or equal to $10,000