User Account

All Pages

Find the minimum cost and purchase quantity

Assignment Help Business Management
Reference no: EM131344724

The demand for a certain item is 16 units per period. Unsatisfied demand causes a shortage cost of Rs.0.75 per unit per short period.

The cost of initiating purchasing action is Rs. 15.00 per purchase and the holding cost is 15% of average inventory valuation per period. Item cost is Rs. 8.00 per unit. Find the minimum cost and purchase quantity.

Reference no: EM131344724

Questions Cloud

How governments can use fiscal policy to redistribute income : Explain how governments can use fiscal policy to redistribute income. With the help of diagrams distinguish between demand-pull and cost-push inflation. Explain which fiscal policies would be appropriate to deal with these two types of inflation
Safety policy statement for current organization : Compose a safety policy statement for your current organization (or an organization for which you previously worked), following the guidelines in the course textbook. Be certain it is specific to the organization and not just a series of generic s..
Describe your citys traffic in some detail : Traffic Network Analysis PPT Which transportation network type is appropriate to use in the traffic analysis of your city if you were a traffic planner (Radcliff, KY)? As an example, if you were to use Washington, the networks to consider might be..
How can a company leverage its employees strengths : BUS 302- Complete the StrengthsFinder quiz located in the back of your book. What are your top five strengths? Were you surprised at the results? How can a company leverage its employees' strengths to build strong company culture?
Find the minimum cost and purchase quantity : The cost of initiating purchasing action is Rs. 15.00 per purchase and the holding cost is 15% of average inventory valuation per period. Item cost is Rs. 8.00 per unit. Find the minimum cost and purchase quantity.
Discuss about special situation : Discuss the type of person you consider yourself to be in a team (from team roles), moreover discuss about special situation that you have had come across in a team and how you had manage the given situation.
When and how much to procure : The company is interested in determining when and how much to procure, given the information:- Each time a batch is produced, a set-up cost of Rs.12,000 is incurred.
How did having or not having process impact outcome of event : BUS 302- Think about the last event you had to plan for either at work or in your personal life. Did you have a process? How did having or not having a process impact the outcome of the event?
What quantity of product should he allow to be back ordered : What should be the optimum number of units of the product he should buy in one lot?- What quantity of the product should he allow to be back-ordered ?

Reviews

Write a Review

Business Management Questions & Answers

  What was the revolution

If a negative result, what recommendation could you make to improve the communication process Use references to support your findings

  A conflict between being the primary portal in the usa

Is there a conflict between being the primary portal in the USA and selling data?

  Problem regarding food shopping trends

This Discussion should be an eye opener for most students. We will look at our food shopping trends and how we spend our money. The outcomes should reveal some interesting facts.

  Develop a plan to enhance leadership

Drawing on the concepts of leadership, analyze an organization you know well and design a plan to present to the CEO for enhancing leadership.

  Responding to interview questionsonce you have a

responding to interview questionsonce you have a resumeacute that gets noticed by employers the next step in securing

  Benefit of maintaining massive collection of data in cancer

benefit of maintaining massive collection of data in cancer registriesdetails even with the use of registries to share

  Show the cross cultural leadership and management

What are they and what impact do they have on an organization and do you know the differences between the theorists and their dimensions

  Compute the length of stay

Compute the length of stay of 10 patients who were discharged from hospital on October 5, 2008. Their dates of admission were as follows:

  Analysis two approaches to using assessment centers

Analysis two approaches to using assessment centers to evaluate employee performance

  Which of the following does an organization chart do

A group of employees in American Game Technology Inc., a manufacturer of gaming machines, got together to arrange a paper recycling drive in the office. Though they came from different departments, they shared a common belief in environmentalism, ..

  Why is good online etiquette significant

Explain the situation in which you experienced poor communication or poor online etiquette. Suggest ideas for how communication could have been enhanced.

  Questions to the case study hong kong disneyland

What aspects of the global environment are most important for Disney to consider whenexpanding their Parks & Resorts business segment internationally? Which of the FiveCompetitive Forces seem to be most important in each of the three foreign locat..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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