ODS 333 – OPERATIONS & LOGISTICS MANAGEMENT FALL SEMESTER , 5th EXAMINATION , Chap

Professor Philip Vaccaro

ODS 333 – OPERATIONS & LOGISTICS MANAGEMENT

FALL SEMESTER , 5th EXAMINATION , Chapters 12 and 13

 

NAME______________________________________________

 

 

PRACTICAL PROBLEMS

 

 

  1. In problem 1, the aggregate plan total labor force costs are:

 

  1. $96,562.50
  2. $93,827.00
  3. $93,750.00
  4. none of the above.

 

  1. In problem 1, the aggregate plan stockout costs are:

 

  1. $0.00
  2. $1,500.00
  3. $2,000.00
  4. none of the above.

 

  1. In problem 1, the aggregate plan carry costs are:

 

  1. $4,760.00
  2. $7,329.00
  3. $7,385.00
  4. none of the above.

 

  1. In problem 1, the aggregate plan stockouts occur in:

 

  1. October
  2.   November
  3. December
  4. none of the above.

 

  1. In problem 2, the purchasing decision is to:

 

  1. order 100 cartridges at a time.
  2. order 121 cartridges at a time.
  3. order 250 cartridges at a time.
  4.   order 500 or more cartridges at a time.

 

 

 

-2-

 

 

 

  1. In problem 2, the cartridge unit purchase price will be:

 

  1. $38.00
  2. $39.00
  3. $39.60
  4. $40.00

 

  1. In problem 2, the lowest total annual purchase costs will be:

 

  1.   ≈ $21,365.50
  2. ≈ $21,452.99
  3. ≈ $21,574.00
  4. none of the above.

 

  1. In problem 3, the safety stock ( SS ) for the reorder point of 168 units is:

 

  1. 0 units
  2. 8 units
  3. 16 units
  4. 24 units
  5. none of the above.

 

  1. In problem 3, the safety stock ( SS ) for the reorder point of 176 units is:

 

  1. 0 units
  2. 8 units
  3. 16 units
  4. 24 units
  5. none of the above.

 

  1. In problem 3, the additional annual carry costs ( H ) for ROP = 168 units are:

 

  1. $0.00
  2. $4.00
  3. $8.00
  4. $12.00
  5. none of the above.

 

 

 

 

 

-3-

 

 

 

 

  1. In problem 3, the additional annual carry costs ( H ) for ROP = 176 units are:

 

  1. $0.00
  2. $4.00
  3. $8.00
  4. $12.00
  5. none of the above.

 

  1. In problem 3, the annual expected stockout costs ( Cs ) for ROP = 168 units are:

 

  1. $0.00
  2. $2.45
  3. $6.45
  4.   $12.64
  5. none of the above.

 

  1. In problem 3, the annual expected stockout costs ( Cs ) for ROP = 176 units are:

 

  1. $0.00
  2. $2.45
  3. $6.45
  4. $12.64
  5. none of the above.

 

 

 

 

 

 

 

 

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