Part 1 Problem Sets:Answer ALL three of the following problem sets. SHOW ALL OF YOUR WORK on the problem sets.A store stocks beer mugs and the demand for these beer mugs is 10,200 per year. It costs $

********** ORDER QUANTITYMADE BY-ASSIGNMET- ******** ***** QUANTITYQUESTION 1A store stocks **** **** *** the demand for these **** **** is ***** *** **** ** ***** **** *** ***** ** *** **** and ** ***** $135 *** *** per year to **** *** mugs ** ***** **** an ***** is ****** ** ***** ***** **** to ******* *** ***** **** the ************************* ****** ** ***** ********** Cost ********** ************* **** CC=$135 *** unitLead ***** 7 ******* **** **** (2 × Quantity × **** *** ***** * Carrying Cost *** Order)EOQ= **** ** * ***** * *************** Order **** * ***** or **** ******** Minimum total ****** Inventory ***** (EOQ/2*CC) + (A/EOQ*OC)Total ********* ***** ************ + ********************* ********* ***** $1818 *********** ******* daily usage= ********** 2794 ************ ****** average daily **** ********* **** **** in daysReorder Level= **** X ** ***** ************* 2A ******* ***** ***** ****** ** ****** ***** ******* *** manufacturing company *** make *** ****** ** apple butter per *** *** demand **** vendors ** 190 ****** per *** Each **** *** ************* ******* ***** apple ****** ** costs **** ** set ** *** ********** ******* *** ****** cost ** ******** * ***** ** apples ** * refrigerated ******* **** ** **************** demand ** *** * **** 69350 poundsOrder **** ** * ************ **** *** $651 EOQ= **** (2 ** ******** ** **** *** ***** / ******** **** per ********** **** (2 * 69350 * ************** ***** **** * 1938 ****** Minimum total ****** ********* Cost= ********** * (A/EOQ*OC)Total ********* ***** (1938/2*65) + ********************* ********* ***** ****** **************** ****** *********** *** *********** ** * ********* part * purchasing ******* ********* the ********* *********** **** *** ********** ***************** ****** *********** of ******* an ***** ** * ********** ********* ******* cost ** * *** * *** * ****** cost = ************ **** **** ** ** ******** ** Cost *** Order * ******** **** *** ********** **** ** * ***** X ************** ***** **** * 6099 units ** 610 units 2 Average ****** of ******* ****** ******* EOQAverage ****** ** ******* ********* * **** orders 3 ******* total ****** ********* ***** ********** * *************** inventory ***** ********** * ******************** ********* ***** ***** ****************


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