Describe explicitly the optimal inventory system for deskpro

Assignment Help Operation Management
Reference no: EM1381012

Demand for the DeskPro computer at BestBuy is 1,000 units per month. BestBuy incurs a fixed order placement, transportation, and receiving cost of $4,000 each time an order is placed. Each computer costs BestBuy $600 and the retailer has a holding cost of 10%. The delivery
lead-time is 6 days. (Assume 30 days in a month.)

a)Describe explicitly the optimal inventory system for DeskPro. (Draw the corresponding inventory-time diagram. Explain how the inventory system works, what is the optimal order amount, reorder point and the optimal cost of implementing this system.)

b)The store manager at BestBuy would like to have the optimal lot size to be 300. For this to happen, calculate how much the order cost per lot should be reduced.

Reference no: EM1381012

Use itsclosest petitors as the models for benchmarking

virginia rometty worked for IBM for more than years before she was named CEO. How do u think this experience affects her ability to plan, organizing lead, and control as CEO

Globally sources at least one material or service

If your organization or one with which you’re familiar globally sources at least one material or service, please (a) describe the item being sourced and its importance to the

Summerize a recent technology developed in biofuels

Does Intergovernmental Organizations, International Law, and Nongovernmental Organizations Make A Difference? explain Why, or why not? How do you find the bin values from give

Describe how performance and quality measures

Describe how performance and quality measures are aligned to an organization's mission, vision, and strategic plan in general. Then, describe how the measures are aligned wi

A recently negotiated union contract allows workers

A recently negotiated union contract allows workers in a shipping department 29 minutes for rest, 12 minutes for personal time, and 17 minutes for delays for each four hours

Determine the upper and lower control limits of the x chart

Several samples of size 5 each were taken from a fertilizer-bag-filling machines. The results were: Overall mean x = 60lbs; Average range R=2 lbs. Determine the upper and lowe

Construct a net material requirements plan

Finally, each unit of U requires 2 units of Y and 3 units of Z. One firm manufactures all items. It takes 2 weeks to make S, 1 week to make T, 2 weeks to make U, 2 weeks to

Identifies high-potential employees as successors on plan

HOW HR identifies high-potential employees as successors on the plan? What is The ROLE of learning & development plays in preparing identified high-potential employees as succ

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