User Account

All Pages

Annual inventory holding cost

Assignment Help Business Management
Reference no: EM131443866

Antonio White's machine shop uses 3,500 brackets during the course of a year. These brackets are purchased from a supplier 80 miles away. The following information is known about the brackets:

Annual demand:

3,500

Holding cost per bracket per year:

$1.45

Order cost per order:

$15.50

Lead time:

2 days

Working days per year

260
  • Given the above information, what would be the economic order quantity (EOQ)?
  • Given the EOQ, what would be the average inventory? What would be the annual inventory holding cost?
  • Given the EOQ, how many orders would be made each year? What would be the annual order cost?
  • Given the EOQ, what is the total annual cost of managing the inventory?
  • What is the time between orders?
  • What is the reorder point (ROP)?

Reference no: EM131443866

Questions Cloud

Discuss about the introduction to science : Before beginning this Lab, read "Lab : Introduction to Science" in your Environmental Science Student Manual. This lab includes a video containing several questions and critical thinking activities that focus on the scientific method, lab reportin..
Social responsibility and become more global conscious : How can organizations demonstrate more social responsibility and become more global conscious? Help me answer this in at least 100 words.
Motivation in companies : Please look at the following and be sure you answer all of the questions in this link. Motivation in Companies You will be graded based on the following:
Explain long-run equilibrium : a. For this monopolistically competitive firm, what is the profitmaximizing output level and at what price will it sell this output? b. At profit maximization, explain why this firm is considered to be in long-run equilibrium.
Annual inventory holding cost : Given the above information, what would be the economic order quantity (EOQ)? Given the EOQ, what would be the average inventory? What would be the annual inventory holding cost?
Analyze clinical data to identify trends : The hospital board has asked you to give a presentation of what types of cancers they should focus their treatment on over the next three years.  It will be given in a PowerPoint presentation.
Watch the biomes and diversity interactive video : Before completing your post, review the Biomes & Diversity interactive video, which is designed to assist you in understanding more about this week's topic and to help you organize your initial post. Also, watch the video "Choosing Articles and R..
Define cso : One of the world's most successful cartels has been the De Beers Central Selling Organization (CSO), which controls about three-quarters of the world's diamonds.
Success of both a tqm practice : Explain why suppliers are important to the success of both a TQM practice as well as a JIT operation.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd