How many units would you buy for the period

Assignment Help Operation Management
Reference no: EM131030230

In a given period demand for an item is equally likely to be any value between 100 and 199 units. Each unit of the item costs £75 and can be sold for £100. At the end of the period all unsold stock is passed to a recycler who pays £25 a unit. How many units would you buy for the period?

Reference no: EM131030230

Questions Cloud

Calculate the standard deviation : Assume that the securities are not divisible and each portfolio comprises two different securities. i. Calculate the standard deviation and coefficient of variation of each possible portfolio. ii. Advice the company on which portfolio to invest its..
Calculate and record ending balances of all general ledger : Record all January transactions in the general journal and post to the general ledger, work in process inventory and finished goods inventory subsidiary ledgers. Skip a line between each journal entry. Omit journal entry explanations. Calculate an..
How many hours require prior to remove the insulation : How many hours require prior to remove the insulation after shutdown - I investigated that upon shutdown the furnace cracking, our maintenance immediately remove the insulation of the piping.
How many units would you buy for the period : In a given period demand for an item is equally likely to be any value between 100 and 199 units. Each unit of the item costs £75 and can be sold for £100. At the end of the period all unsold stock is passed to a recycler who pays £25 a unit. How man..
The appropriate rate for pharasalus'' stock : Pharsalus inc. just paid a dividend of 2.14 per share.  This dividend is expected to grow at a rate of 3.4% per year forever. The appropriate rate for Pharasalus' stock is 10.3%.  What is the price of the stock?  I have the answer but am confused as ..
Case study robin hood-what issues need to be addressed : Read the case study, "Robin Hood" in Part Two of your textbook and discuss the following questions with your class. What problems does Robin Hood have? What issues need to be addressed? Do Robin Hood and the Merrymen need a new mission? New objective..
Research marketing planning and create planning strategy : Step 1 Research marketing planning and create a planning strategy. Imagine that you are a Chief Marketing Officer (CMO) tasked with preparing a presentation that explains your company's strategic, functional, and operational marketing planning strate..
No shortage of pricing approaches : There is no shortage of pricing approaches, and as customers, we are exposed to all of them at some time or another in our purchasing processes. Choose one of the pricing approaches discussed in the readings and discuss a product, the pricing approac..

Reviews

Write a Review

Operation Management Questions & Answers

  Sufficient personal resources and has difficulty borrowing

What can a small business owner do to obtain start-up capital if the owner does not have sufficient personal resources (including friends and relatives) and has difficulty borrowing from a traditional bank.

  How an interviewee or a current employee might negotiate

Based on your Internet research, discuss two or three of the best ideas that an interviewee or a current employee might use to negotiate better pay and/or benefits. How might you use them in your own negotiations?

  The waiting time for a customer is normally distributed

Image text transcribed for accessibility: In a call center, the waiting time for a customer is normally distributed with an average of 65 seconds and a variance of 25 seconds.

  Perform an analysis of the social

Perform an analysis of the social / demographic, technological, economic, environmental / geographic, and political/legal / governmental segments to understand the general environment facing Union Pacific.

  Contract to contain all required elements of your contract

Prepare a written contract with Connect to Web Also making the offer ( the offer or) In your contract address the following The service sough ( Internet service) 2 The monthly payment ( make one up) 3 The due date for payment ( make one up) the term ..

  Why is the experiment relevant to an ethics course

Summarize both the Stanford Prision or the Milgram experiment. Explain what one of these famous experiments tells us about human nature. Why is the experiment relevant to an ethics course.

  What value of ordering cost would its action be optional

Henry Crouch's law ofice has traditionally ordered ink refills 65 units at a time. The firm estimates that carrying cost is 45% of the $12 unit cost and that annual demand is about 240 units per year. The assumptions of the basic EOQ model are though..

  Define the difference in behavior of variable

What did she mean? Include in your response an explanation of the difference in behavior of variable and fixed cost, including an example to illustrate your explanation.

  What are the criteria for effective goals

What unexpected industry conditions might occur during your sales year? What are some contingency plans you could put in place in case these conditions occur.

  Case study: analyze the production problem at better fitness

Better Fitness, Inc. (BFI), manufactures exercise equipment at its plant in Freeport, Long Island. It recently designed two universal weight machines for the home exercise market.

  Times are tough for auger biotech

Times are tough for Auger Biotech. Having raised $85 million in an initial public offering of its stock early in the year, the company is poised to launch its product. If Auger engages in a promotioanal campaign costing $60 million this year, its ann..

  Projects that align with their mission and strategy

Describe actions that organizations have for selecting projects that align with their mission and strategy and describe how each might work differently in the selection of it projects

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