I'm desperately looking for someone who can help solve this

[livewell]

Managers at ANP Company are trying to determine an inventory policy for the coming year.
They estimate that its sales for 200x may vary depending on the strength of the economy,
and have produced the following estimate of sales for the year:

Economic Probability of Sales Unit
Conditions Occurrence

Poor 0.2 100,000
Moderate 0.5 220,000
Good 0.3 280,000

ANP sells each unit for $7.50. Each unit costs $3.00 to purchase,
and the firm typically incurs the following costs:
- order cost: $200 per order;
carrying costs :
- Insurance - $0.80 per unit;
- warehousing cost – $0.50 per unit;
- security costs - $0.25 per unit;
- shrinkage allowance – $0.10 per unit.
1. Calculate the firm’s expected level of sales.
2. Determine the economic order quantity based on the expected sales level
(Round to the nearest 100).

3. Calculate reorder point, assuming 4 days lead time and smooth sales levels through
the year (round to the nearest 100). Assume a 5–day work week and a 52-week year.
4. Calculate the firm’s expected net profit and net profit as a percentage of sales for the
year assuming the following:
a.The firm maintains a beginning and ending inventory equal to the reorder point unit level.
b.Sales returns are expected to be 0.50% of sales.
c.Unit purchase cost in the previous year was $2.80.
d.Budgeted selling expenses total $350,000.
e.Budgeted general expenses total $420,000.
5. List three non-quantitative factors that might influence the decision on inventory policy.

I'll appreciate if you show all calculations. Million thanks to anyone willing to help

 

[livewell]

This to make it clearer. forum message board mixed up the appropriate format

Economic
Conditions

Poor
Moderate
Good


Profitabilty occurrence

0.2
0.5
0.3


sales unit

100,000
220,000
280,000

 

[Deleted member 4993]

Managers at ANP Company are trying to determine an inventory policy for the coming year.
They estimate that its sales for 200x may vary depending on the strength of the economy,
and have produced the following estimate of sales for the year:

Economic         Probability of             Sales Unit
Conditions       Occurrence 

Poor                0.2                      100,000
Moderate            0.5                      220,000
Good                0.3                      280,000

ANP sells each unit for $7.50. Each unit costs $3.00 to purchase,
and the firm typically incurs the following costs:
- order cost: $200 per order;
carrying costs :
- Insurance - $0.80 per unit;
- warehousing cost – $0.50 per unit;
- security costs - $0.25 per unit;
- shrinkage allowance – $0.10 per unit.
1. Calculate the firm’s expected level of sales.
2. Determine the economic order quantity based on the expected sales level
(Round to the nearest 100).

3. Calculate reorder point, assuming 4 days lead time and smooth sales levels through
the year (round to the nearest 100). Assume a 5–day work week and a 52-week year.
4. Calculate the firm’s expected net profit and net profit as a percentage of sales for the
year assuming the following:
a.The firm maintains a beginning and ending inventory equal to the reorder point unit level.
b.Sales returns are expected to be 0.50% of sales.
c.Unit purchase cost in the previous year was $2.80.
d.Budgeted selling expenses total $350,000.
e.Budgeted general expenses total $420,000.
5. List three non-quantitative factors that might influence the decision on inventory policy.

I'll appreciate if you show all calculations. Million thanks to anyone willing to help

Do you know the definitions of (and mathematical equations of ) terms like - "economic order quantity ", "reorder point", etc.

We are willing to help - but

please show us your work, indicating exactly where you are stuck - so that we know where to begin to help you.

 

[livewell]

I appreciate your comment Subhotosh Khan. Its kinda complicated to explain the whole thing but here's a brief info. I've recently registered for an online business course cos i was about to pursue a job offer but the company went down alongside recession so i immediately file a course withdrawer to pick up another course which is not business related as i am so not a business type. I only entered for the course cos the job requires me to. My withdrawer didn't go through as i was told that its already late so i just have to complete the course just to get the credit. I didn't really read for this topic as i decided to get others done and probably get someone to help me with this before deadline which is like in 4 days. So i'll basically say i have no attempt on this one. If its possible for u to get it done for me , it will be greatly appreciated.