Economic order quantity

Assignment Help Business Management
Reference no: EM131209889

The bathroom section of a large department store sells 18,233 specialty bath towels per year. The unit purchase cost of a towel from the store's supplier is $2.40 per towel. The cost of placing an order to the supplier is $14.00 per order. The holding cost is $0.60 per towel per year. Assume that the Economic Order Quantity (EQQ) Model is appropriate here, and that EQQ= 922.43.

1) What is the max inventory level?

2) What is the average inventory level?

3) What is the approx. number of orders per year?

4) What is the total annual setup (i.e. order) cost?

5) What is the total annual holding cost?

Reference no: EM131209889

Explain whether or not the intruder is liable for his action

Explain whether or not the intruder is liable for his actions. Explain your legal duties and responsibilities to Sharon and Daryl. Differentiate among some of the potential to

Survey the business using the seven dimensions

Survey the business using the seven dimensions of strategic innovation and modify your innovation principles and processes to address the business' specific nee

Eligibility requirements for medicaid in your state

Read the Below and Respond with References. The response doesn't have to be long, look at the attached to see some of the sample responses. I reside in the state of Californ

Positive accounting profits

What price per pen would she need to charge in order to earn $1 of positive accounting profits? $1 of positive economic profits? (Round your answers to the nearest penny, if

Budget constraint the consumer faces

(a) Draw the new budget constraint the consumer faces under plan A. (b) Draw the new budget constraint the consumer faces under plan B. (c) For whom is the choice of plan A o

Difference between intrinsic and extrinsic motivations

What is the difference between intrinsic and extrinsic motivations? Are your school-related behaviors motivated more intrinsically or extrinsically? Explain your answer.

Annual standard deviation of continuous returns

For a one-period binomial, what is the one-period up movement in the stock price and the one period down-movement in the stock price, if the current stock price is $90, its

Terminated for accessing adult web sites

Recently, a longtime employee was terminated for accessing adult web sites on a company computer. Though the employee claimed that while doing a job-related Web search sever

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