Demand for notebooks at minimum cost

Assignment Help Operation Management
Reference no: EM13993468

SilComputer needs to meet the demand of its largest corporate and educational customers for notebook computers over the next four quarters (before its current model becomes obsolete). SilComputer currently has 5,000 notebook computers in inventory. Expected demand over the next four quarters for its notebook is 7,000; 15,000; 10,000; and 8,000. SilComputer has sufficient capacity and material to produce up to 10,000 computers in each quarter at a cost of $2000 per notebook. By using overtime, up to an additional 2,500 computers can be produced at a cost of $2200 each. Computers produced in a quarter can be used either to meet that quarter's demand, or be held in inventory for use later. Each computer in inventory is charged $100 for each quarter to reflect carrying costs. How should SilComputer meet its demand for notebooks at minimum cost? Provide a specific model, and then a generic model. Make sure you define all the variables, parameters clearly for the generic model.

Reference no: EM13993468

Major component of human resource management

Explains the nature of staffing, giving insight into the major component of human resource management. (The term talent management has become a loose synonym for staffing and

Describe what would you do as defensive strategy

White Water Rafters, Inc., (WWR) a competitor of yours, provides rafting tours on the Colorado River. WWR pays tour guides fixed salaries of $170,000 per year. You are the own

Type of benchmarking

For each type of benchmarking you have selected, identify one (1) benchmarking measure and discuss how the organisation can apply this benchmarking measure to listen to the

What is the probability that both service clerks are busy

Sharp Discounts Wholesale Club has two service desks, one at each entrance of the sore. Customers arrive at each service desk at an average of one every six min. The service

Calculate the annual ordering cost

Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2000 units of X which costs $25 each. Storage

How many teams have to be deployed by the company

A team works for 300 days/year and management wants each team to have a capacity cushion 30 days per year. How many teams have to be deployed by the company to complete the

How might national culture impact the design

How might national culture impact the design of an OD intervention? What does cultural fit and level of economic development have to do with international OD practice? Do you

Fudging the accounts receivable documents

Chronic tardiness and absenteeism because the employee is taking care of an aging parent. Sexual harassment accused by a woman against another woman. "Fudging" the accounts re

Reviews

Write a Review

 
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!

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