The rising popularity of bubble and squeak as a breakfast item on the menu has resulted in a steady demand for peas. over the course of the past week, 457 patrons have ordered the hearty breakfast and each serving contains a cup of english peas. it costs two cents to hold a cup of peas in inventory for a year and $3 to place an order (remember they come all the way from it takes two weeks to ship a container from england loaded with peas. what is the optimal order quantity? what is the average inventory if they order at the optimal order quantity? how many orders per year does the diner place if they order at the economic order quantity? what is the average flow time of a cup of peas if the diner orders at the economic order quantity?

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?