Determine the maximum number of backorders

Assignment Help Project Management
Reference no: EM131251370

Suppose the XYZ Company, which has an annual demand of 12,000 units per year, order cost of $25, and annual holding cost per unit of $0.50, decides to operate with a planned shortage inventory policy with the backorder cost estimated as $5 per unit per year.

a. Determine the EOQ.

b. Determine the maximum number of backorders.

c. Determine the maximum inventory level.

d. Determine the cycle time in workdays (assume 250 workdays per year).

e. Determine the total inventory cost per year.

Reference no: EM131251370

Questions Cloud

Design a bit synchronizer for a manchester nrz line code : Explain the advantages and disadvantages of using this design for the Manchester NRZ line code compared with using a polar NRZ line code and its associated bit synchronizer.
Gain or loss on early redemption of the bonds : 1. Calculate the gain or loss on early redemption of the bonds. 2. Identify and analyze the effects of the transaction recorded at the time of bond redemption. 3. Where should the gain or loss should be presented on the financial statements?
Information for a null and alternative hypothesis : Using SPSS show me how to input the following information for a null and alternative hypothesis as to which store has the best overall prices for the selected items. These are not all the items as I must put 25 total different items in the program..
Draw a picture of the eye pattern for the received waveform : Figure 3-22c illustrates an eight-level multilevel signal. Assume that this line code is passed through a channel that filters the signal and adds some noise.
Determine the maximum number of backorders : Determine the EOQ. - Determine the maximum number of backorders. - Determine the maximum inventory level. - Determine the cycle time in workdays (assume 250 workdays per year).
What is bye-dole act : Explain the legacy of World War II for the development of science and technology in the US. What is Bye-Dole Act? How does it influence technology development and the role of university and academic research in the US?
Likely get income tax deduction : Muhammad, your client, comes to your office. He is from Pakistan and is an avid cricket player. His annual salary and bonus/incentive compensation income, earned as the president of an engineering firm in Virginia, is usually $2 million. Will Muhamma..
Current structure of the federal reserve system : Describe the current structure of the Federal Reserve system in the United States. Specifically identify and discuss the following:
Find the psd of the waveform : Find the PSD of the waveform out of an r = 0.5 raised cosine-rolloff channel when the input is a polar NRZ signal. Assume that equally likely binary signaling is used and the channel bandwidth is just large enough to prevent ISI.

Reviews

Write a Review

Project Management Questions & Answers

  Preparation of a full project proposal

Assessment task requires the preparation of a full project proposal that should contain the following items: A detail statement of the problem that you would like to examine

  Different process planning techniques

Evaluate the use of three different process planning techniques and produce a production schedule from a process plan

  What it management changes should leslie request

What IT management changes should Leslie request that would likely increase the success of the IT acquisition projects and describe for each change why it would likely increase IT project success.

  How does relate to your experience in your current job

Carefully read the interesting stories in Estimation Games People Play by clicking on this link. How does relate to your experience in your current or past job? Have you had similar experiences?

  Explain purpose of each part of life cycle of project

Use characteristics of the project to distinguish it from operations work. Explain the life cycle of project and describe the purpose of each part of the cycle.

  Identify risk drivers in project and the risks associated

Identify risk drivers in your project and the risks associated with each and explain how the risks you identified could impact the project, and propose strategies to mitigate each risk.

  Communication management plans outline roles

Communication management plans outline roles and responsibilities of project participants. What items should a communication management plan include?

  Create a mind map of a swot analysis

Describe one instance of a project termination that you have experienced. Analyse the steps that were undertaken to close out the project. Include your evaluation of the effectiveness of the close-out steps taken.

  Situational factors that influence team development

Analyze the development of the team in terms of the four-phase model. Does this model describe how the team evolved and analyze the group in terms of situational factors that influence team development.

  Determining system requirements and process modeling

Business process model is a high level view of the activities a business undertakes to produce a service or product. Business processes include actions by management, workers, machines, customers, vendors.

  Project time management and gannt chart

Grand wines project - project time management and gannt chart

  Explain what can one learn about project management what

explain what can one learn about project management? what project management myths are there if any that have been

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