Manager just received new price list from supplier

Assignment Help Operation Management
Reference no: EM131119532

A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quanitties of 801 or more boxes, $1.10 a box for 200 to 800 boxes and $1.20 a box for smaller quanitites. Ordering cost is $80 per order and carrying costs are $10 per box a year. the firm uses 3,600 boxes a year. The manager has suggestions a "round number"? order size of 800 boxes. The manager's rationale is that with a U-shaped cost curve that is fairly flat at its minimum, the difference in total annual cost between 800 and 801 units would be small anyway. What order size would you recommend?

Reference no: EM131119532

Questions Cloud

Identify an issue currently in the news : Identify an issue currently in the news that is associated with federal, state, or local efforts to improve healthcare delivery
Descriptive criticism of that artwork : Select a work of sculpture. Perform a thorough descriptive criticism of that artwork. Include every aspect that you believe is important to understanding the work.
Nurses are changing the world : As a future Walden nursing graduate, you will take your place beside the many Walden scholar-practitioner nurses that have preceded you. The current political milieu in the world of health care creates abundant opportunities for nurses like you to..
Identification and evaluation of the interactions : Definition of the selected role and function it provides in the court system - identification and discussion of the qualifications required for an individual in the selected role;
Manager just received new price list from supplier : A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quanitties of 801 or more boxes, $1.10 a box for 200 to 800 boxes and $1.20 a box for smaller quanitites. Ordering cost is $80 per order and carrying cos..
On romantic love by berit brogaard : For this assignment you should select a therapeutic model from Chapter 9 (e.g. Nietzschean therapy, talk therapy, cognitive behavioral therapy, etc.). Then you will need to select a subject who requires therapy for some problem related to love (yo..
Differentiate actions between doing and improving activities : Describe a work task, a hobby, or another activity that you regularly do, and sequentially list the various actions you take in order to complete this activity. Consider the complexity of your list and the amount of steps required to complete the ..
Black experience throughout the black diaspora : We have been talking about the Black Experience throughout the Black Diaspora. Now, I want you to add one more step. I would like you to think about it through different lenses or from different perspectives. Write a 5-7 sentence paragraph for eac..
Violence and aggression in childhood : As you have learned this week from the reading in Chapter 10 and viewing the video program, aggressive behavior in young children is often first learned in a child's family. However, media, the Internet, peer groups, community, culture, and even b..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Analysis for strengths-weaknesses-opportunities and threats

Perform an analysis for strengths, weaknesses, opportunities, and threats (SWOT) on the decision to build DIA. Who are the stakeholders and what are their interests or objectives? What appears to be the single greatest risk in the decision to build D..

  Standard social performance indicators devised

When Rockefeller’s railroad partners gave him rebates for shipping competitor’s oil, they were called a. coupons b. interest c. discount d. drawbacks. The standard social performance indicators devised by the General Reporting initiative are called t..

  Particular process in any organization

Write a two page summary on a particular process in any organization.

  Implement a performance appraisal system

A company sells consumer products like soaps and detergents using door-to-door sales. That is, salesmen make calls at homes, demonstrate their products, sell and collect payment on the spot. As the manager of the company, you are wondering the best w..

  Determine the optimal ingredients for its vegetable soup

A soup company wants to determine the optimal ingredients for its vegetable soup. The cost per ounce of the ingredients is $.02 for the vegetables, $.05 for the meat, $.001 for the water, and $.05 for the flavorings. Formulate an LP model that will d..

  Explain the project management model

The project management methodology section should explain the project management model that will be used to manage the project. The project team section should explain the relationship among the team members and amplify their role based on your und..

  Describe operations and supply chain management

Use the Proctor and Gamble (P&G) example on pages 75-76 of your Introduction to Operations and Supply Chain Management textbook to explain the benefits to the consumer of adopting a business processes perspective.

  Establish plausible initial offer-target-resistance point

Rick is an 18 year old who is getting ready to go away to college where he will be living in a dorm. He has played bass guitar for six years and wants to be able to continue while he is away at school. The problem is the amplifiers he has are too lar..

  Which marketing strategy focuses on a single market segment

Which marketing strategy focuses on a single market segment but adds additional product lines?

  Determine the types of inventories these companies

Determine the types of inventories these companies currently manage and describe their essential inventory characteristics. Analyze how each of their goods and service design concepts are integrated.

  Provide a brief description about the quality tool

Identify a minimum of two quality tools that you will use in this process improvement project. Provide a brief description about the quality tool and explain how this tool will help your team improve the process

  Analyze the functions of operations management

After reading the resources provided above and your own resources, please analyze the various components of the operations management and discuss how relevant these are to organizational success.

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