#### Description of this paper

##### ACC - Inventory Analysis Test

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solution

Question

Question;Question # 1: You have to buy 5000 pieces of a part that costs \$50 per hundred. The price quoted to your customer is a 100 piece minimum at \$37.50 each. Your total cost is: __________________________ Your total sell is: ___________________________ Your markup based on total cost and total sell is: ____________________ Question # 2: You are quoted a 10,000 piece minimum at a price of \$20.00 per hundred. The price to the customer is: \$500 per thousand. The total schedules you see for the year are 1,000. Based on this information should you place the order for this part? __________________________ Why? ____________________________________________________________________________ Question # 3: You have an overseas part you are analyzing. You have to keep 90,000 pieces of safety stock. You buy the complete part and want it to come in 1 month before we have to ship it. The part has a 4 month lead time. You currently have 250,000 pieces in stock. Below are the schedules: 1/13/2010 10,000 2/13/2010 20,000 3/13/2010 40,000 4/12/2010 10,000 5/13/2010 20,000 6/13/2010 20,000 7/13/2010 20,000 8/13/2010 40,000 9/13/2010 10,000 10/13/2010 20,000 11/13/2010 10,000 What date do you need to buy this part? ________________________________________________ Question # 4: QTY Cost Per Ext Cost100 \$10.00 1000 250 \$250.00 100 500 \$50.00 1 Question # 5: On hand 450 26-Jul 50 1-Aug 100 4-Aug 300 5-Sep 50 1-Oct 100 1-Nov 200 15-Nov 300 30-Dec 400 1-Feb 100 20-Mar 300 27-Mar 50 28-Mar 100 5-Apr 200 7-Jun 300 9-Aug 400 Based on the above information, when do you run out of parts? "If you want to cover demand through the end of November and not further, how many do you need to buy?" Question # 6: 49 days = how many Calendar weeks?

Paper#43921 | Written in 18-Jul-2015

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