Estimaitng the cost of ordering and management

Assignment Help Computer Engineering
Reference no: EM1315568

Norris Harrell's Houston Computer Store sells the $ 200 printer. The demand for this is constant throughout year, and annual demand is forecast at 600 units. The management cost is $ 20 per unit per year, but the cost per order is $ 60. Presently, company ordered 12 times a year (50 units each). There are 250 days a year and lead time is 10 days.

a) Provided the present policy of order 50 units at once, state the total annual cost of ordering the annual cost of the operation?

b) If company utilizing the best inventory policy, what would be the total cost of ordering and management?

c) Explain the reorder point?

Reference no: EM1315568

Questions Cloud

Determining different possible codes : If code is 4 random letters, and letters can be utilized multiple times, how many different possible codes are there?
Estimate the galois group : Estimate the galois group.
Find the price-quantity and price elasticity of demand : The Wozniak Corporation, a maker of aircraft engines, determines that in 2008 the demand curve for its product is as follows-What is the price elasticity of demand if price equals $500?
Questions related to interest rate calculations : Questions related to interest rate calculations - What effective annual rate of interest does she need to earn on the account to meet her goal
Estimaitng the cost of ordering and management : If company utilizing the best inventory policy, what would be the total cost of ordering and management?
Computation of present value of tax shields of the bond : Computation of present value of tax shields of the bond and Also compute the PVTS for $10 million debt if Doubles Co. issues i) 8% coupon bonds and ii) zero coupon bonds.
Linear programming model to maximize the profit : Formulate a linear programming model for this problem.
Determining odds student gets questions correct : Determine odds student gets more than 14 questions correct? Determine the odds student gets exactly 12 questions correct?
Find optimum level of production and maximize profit : Bavarian Crystal Works designs and produces lead crystal wine decanters for export to international markets-What is the optimal level of production of wine decanters?

Reviews

Write a Review

 

Computer Engineering Questions & Answers

  Describes a function named insidecircle

Describes a function named insideCircle

  Execute the boolean functions

Execute the Boolean functions

  Implementing the nested – loop join algorithm

Implement the Nested – Loop Join algorithm in any of the programming language.The solution should involve:a) Source file of application,

  Data planning and modelling– enterprise modelling

Write down the major differences between the two approaches to the data planning and modelling– enterprise modelling and the view integration?

  What is compensation of using rule sets

What is compensation of using rule sets

  Explain examples of type of knowledge industry

Explain examples of type of knowledge industry

  Classify enterprise wide system in hospitals today

Classify enterprise wide system in hospitals today. Classify all external system that interface with the facility or organization.

  Programmatic access to a database through the Internet

Programmatic access to a database through the Internet

  Compute the entropy and clarity of each cluster

Compute the entropy and clarity of each cluster

  Explain fast process of distributing the cards to accountant

Explain fast process of distributing the cards to accountant.

  Creating a program with a building as subclass

Assume the existence of the Building class. Describe a subclass, ApartmentBuilding that consists of following instance variables: an integer, a boolean, numFloors, an integer, hasElevator, unitsPerFloor, a boolean, hasCentralAir, and a string, man..

  Which method allow channel to synchronization sequence

Which method allow channel to synchronization sequence? Discuss the trade-offs between fibre optic and satellite communication in terms of costs, signal capacity, signalling method, interference, likelihood of failure and repair issues, multipoin..

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