How many tires should rock mountain order each time

Assignment Help Operation Management
Reference no: EM131124571

Rocky Mountain Tire Center sells 10,000 go-cart tires per year. The ordering cost for each order is $35 , and the holding cost is 50% of the purchase price of the tires per year. The purchase price is $22 per tire if fewer than 200 tires are ordered, $18 per tire if 200 or more, but fewer than 8,000, tires are ordered, and $16 per tire if 8,000 or more tires are ordered.

A ) How many tires should Rock Mountain order each time it places an order?

Rocky Mountain's optimal order quantity is __ units (enter your response as a whole number)

Reference no: EM131124571

Questions Cloud

Worker and machine paced line flow process : Compare and contrast the “Worker Paced Line Flow Process” and the “Machine Paced Line Flow Process” as relates to: a. Capital use b. Process speed: c. Pacing d. Materials requirements
Discuss the concept of the cost of quality : Discuss the concept of the “cost of quality”. Consider both positive and negative costs associated with a typical quality program in a manufacturing facility.
Definition of corporate social responsibility : Create your own definition of corporate social responsibility (CSR). Who are the stakeholders in your current organization that should be involved in the planning and implementation of a CSR initiative?
Customer delight-profitability and competitive advantage : The purpose of this Assignment is to confirm your understanding of the direct correlation between an effective value chain and a firm’s competitive advantage by examining the relationship between customer delight, profitability, competitive advantage..
How many tires should rock mountain order each time : Rocky Mountain Tire Center sells 10,000 go-cart tires per year. The ordering cost for each order is $35 , and the holding cost is 50% of the purchase price of the tires per year. How many tires should Rock Mountain order each time it places an order?
What evidence testifies to that conclusion : Using Wheelen et al's description, in your opinion which phase of strategic management had (Case 1 in Strategic Management and Business Policy) Byte's governance and top mgmt team chosen regarding planning its production capacity? What evidence testi..
Create an analysis of the ethical theories : You have just been hired by a company to evaluate the way the company treats its employees, suppliers, and customers. Create an analysis of the ethical theories the company would want to use to show the employees, suppliers, and customers that it car..
What is scientific management : Taylor: Principles of Scientific Management - What is “scientific management”? What is it trying to achieve, in both specific and general terms? - What is “soldiering”? Why does it occur? How does scientific management help stop it?
Future expansion-future growth-corporate-level strategy : Future Expansion, Future Growth. International Strategy For Organizational Expansion and Growth. Corporate-Level Strategy-Marketing.

Reviews

Write a Review

Operation Management Questions & Answers

  Assignment on strategic management

Assignment on Strategic Management. Using the national competitive advantage framework (Porter's Diamond) discussed in class, explain the world leadership enjoyed by firms originating from the country-industry pairs listed below. Be sure to proper..

  Systems of suppliers-vendors and customers

Describe the information systems that a typical restaurant might use and the tasks these systems perform. How might such systems differ between a low-cost restaurant such as a McDonald’s and a high-quality, five-star restaurant such as Le Cinq in Par..

  Discuss examples of current leaders

Provide two examples of current leaders and describe how they demonstrate their leadership characteristic. What seperate these characteristics from management techniques.

  Data warehouse project at a retail chain

You are the manager for the data warehouse project at a retail chain with stores all across the country and users in every store. How will you ensure that all the details necessary to decide on the DBMS are gathered during the requirements phase? Wri..

  Describes the beginning of congressional legislation

Disaster Relief Act of 1950 and continues through the 1960s and 1970s. In each decade, the focusing events are identified, as well as mobilization, agenda-setting, and the subsequent congressional legislation. MOS 6801, Emergency Management 3 Choo..

  Stick with your own communication style

In group meetings, some of your colleagues have a habit of interrupting and arguing with the speaker, taking credit for ideas that aren't theirs, and shooting down ideas they don't agree with. Should you go with the flow and adopt their behavior, or ..

  A drugstore uses fixed review period inventory system

A drugstore uses fixed review period inventory system for many of the items it stocks. The manager wants a service level of 98%. The order interval is 2 weeks,

  Employees to buy-in to the evaluation process

According to Leonard (2008), it is important for employees to buy-in to the evaluation process including the fundamental fairness of the system. As a supervisor, what actions will you take to promote buy-in and acceptance of the evaluation process wi..

  Business idea-product the business will sell and target

Business Idea – describe briefly clearly succinctly. Use influencing points from the text for an Executive Summary style description of the business/business idea/ product idea/ service idea. One to two paragraphs. SWOT – correctly classify internal ..

  What are the elements of total compensation

What are the elements of total compensation? How and why do the objectives of total compensation vary across organizations? Please conduct research to support your assertions,

  Certainty equivalent of the real estate investment

A young couple has $20,000 (90% of their savings) to invest in either savings bonds or a real estate deal. The (zero coupon) savings bonds return $25,000 ($5,000 interest) in three years. What do you know about the certainty equivalent (for the coupl..

  Illustrate what are the pros also cons of this idea

Examine design-depend increment alism, which is frequent product redesign throughout the product's life. Illustrate what are the pros also cons of this idea

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