Question
In: Operations Management
7,500 items in inventory, 750 A items, 2,625 B items, 4,125 C items. Policy is to...
7,500 items in inventory, 750 A items, 2,625 B items, 4,125 C items.
Policy is to count A items every month (20 working days), B items every quarter (60 days), and C items every six months (120 days)
How much the total items to be counted per day
Solutions
Expert Solution
Given :
Total inventory = 7,500 items
A items = 750
B items = 2,625
C items = 4,125
To calculate item A per day,
Quantity = 750
Cycle counting policy = Each month = 20 days
Therefore, 750/20 = 37.5 days = 38 per day
To calculate item B per day,
Quantity = 2,625
Cycle counting policy = Each quarter = 60 days
Therefore, 2,625/60 = 43.75 = 44 per day
To calculate item C per day,
Quantity = 4,125
Cycle counting policy = Every 6 months = 120 days
Therefore, 4,125/120 = 34.37 = 34 per day
To calculate total items A, B, C to be counted per day are :
38 + 44 + 34 = 116 per day
The total items to be counted per day are 116.
keosha answered 2 years agoRelated Solutions
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Item Class
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Number of Items Counted per Day
A
400
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B
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Each quarter
C
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Total Items to count per day___________
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Determine an A-B-C classification for these items:
•
Which items are A, B, and C - explain how you derive the
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2 90 30
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B
C____
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$35,000
$32,000
Replacement
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32,500
30,000
Selling
Price
30,000
40,000
50,000
Cost to complete and
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4,000
6,000
8,000
Normal Profit Margin as sale
%
15%
20%
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Required:
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Given the following list of items: a. Classify the items as A, B, or C b....
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Holding Cost (%)
Unit Price
H4-010
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55
25
4.5
H5-201
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65
25
6
P6-400
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85
35
30.5
P6-401
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55
35
14
P7-100
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55
35
11
P9-103
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55
45
24
TS-300
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45
30
47
TS-400
45,000
45
30...
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'B', 'A'
'C', 'A'
'A', 'C'
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ABC analysis uses letters instead of numbers or names to
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ABC analysis is a one size fits all approach to managing
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ABC analysis requires the use of complex algorithms.
Which of the following might be expected to be...
Lindsay Electronics, a small manufacturer of electronic research equipment, has approximately 7,500 items in its inventory and has hired Joan Blasco-Paul to manage its inventory
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The volume and weight of items A, B, C, D are shown in the following table....
The volume and weight of items A, B, C, D are shown in the
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Weight
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A
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300
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D
60
400
(1) How can a shipment of 16 items be made if the shipment has a
total volume of 1200 in3
and total weight 4800 lb?
(2) Is there any way to ship exactly 5 items of type C?
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