SOMEONE PLEASE HELP ME ANSWER THIS QUESTION AS SOON AS POSSIBLE AND CORRECTLY TH
ID: 419244 • Letter: S
Question
SOMEONE PLEASE HELP ME ANSWER THIS QUESTION AS SOON AS POSSIBLE AND CORRECTLY THANK YOU Problem 16 [ Your answer is incorrect. Try again. Sam's Auto weekly demand is 150 filters. Sam estimates that it costs $20 to place an order and his annual holding cost rate is $3 per oll filter. Currently, Sam orders in quantities of 650 fiters. Calculate the total annual costs associated with Sam's current ordering policy Shop services and repairs a particular brand of foreign automobile. Sam uses oll fliters throughout the year. The shop operates fnfty-two weeks per year and Total annual costs$ 322 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 1 of 3 used SAVE FOR LATER SUBNIT ANSWER Version 4.24.7.7Explanation / Answer
Given Annual demand D = 150*52 weeks = 7800 filters
Ordering cost S = 20
Holding cost H = 3
Order quantity Q = 650 filters
Total cost = Annual holding cost + Annual ordering cost = (Q/2)H +(D/Q)S = (650/2)*3 +(7800/650)*20
Total annual cost = $1215
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