EIB 20603 SUPPLY CHAIN MANAGEMENT
TASK 3: INVENTORY MANAGEMENT
GROUP: _4_
Student Name
Id No.
Muhammad Zahier Bin Mohamad Yunos
62214119468
Nur Syazwina Binti Kamarul Azhar
62214119370
Nur Najihah Binti Abdul Karim
62212119157
Syarah Nadiah Binti Rosli
62212119570
Nur Aishah Binti Adnan
62212119064
QUESTION:
Problem
A construction company uses 15,000 bags of cement per year. The ordering cost
is RM 50 per order and the annual carrying cost is RM 150 per unit. The lead
time is 4 days. The company operates 250 days in a year.
A) Find the EOQ
B) Determine the reorder point (ROP)
C) Calculate the ordering cost
D) Calculate the carrying cost
E) Calculate the TAIC
F) Determine the no. of orders placed per year
G) Determine the reorder cycle
ANSWER: