Operations management-model assumption

Assignment Help Operation Management
Reference no: EM131030004

Operations Management (10th edition) A store faces demand for one of it popular at a constant rate of 9,000 units per year. It costs the store $120 to process an order to replenish stock and $30 per unit per year to carry the item in inventory. A shipment from the supplier is typically received 14 working days after and order is placed. The store buys the product for $130 per unit and sells it for $210 per unit. A the moment the store uses an order quantity of 900 units. Assume model assumption are satisfied and 300 days a year

Reference no: EM131030004

Questions Cloud

Opportunity to apply principles : After engaging in a dialogue with your colleagues on valuation, you will now be given an opportunity to apply principles that were presented in this phase.
What are special communication issues facing single parents : What are some of the special communication issues facing single parents? How can these issues be handled most constructively? Use the text plus 2 other sources to support your response.
Discussion and reflective thinking : Describe how a strike by the Teamsters against UPS would affect that company's various stakeholders. Would the current political landscape make a difference? Explain. Union membership has been declining in the U.S. private sector for many years. What..
Forecasts are better than they really-decision-making bias : Audrey tends to believe that her forecasts are better than they really are. This illustrates a? decision-making bias known as? ________.
Operations management-model assumption : Operations Management (10th edition) A store faces demand for one of it popular at a constant rate of 9,000 units per year. It costs the store $120 to process an order to replenish stock and $30 per unit per year to carry the item in inventory. The s..
Defining and understanding a process : Analysis of the process - Process Mapping, A process map is a tool that aids in defining and understanding a process. It is helpful to represent the path which one is used to produce an output
Give an overview of the delta pacific case study : Give an overview of the Delta Pacific case study, listing at least three key takeaways of what you gleaned from the study. Share two separate contingency models that could be used to affect the organizational change and share which model you plan ..
Write essay for tenth annual creative writing prose contest : Write an essay for 10th Annual Creative Writing Prose Contest. Submit one work of fiction or narrative non-fiction. A maximum of 1.000 words. typed double spaced. 12-point standard font.
Does the current level of customer satisfaction differ : Does the current level of customer satisfaction differ from management's goal of 6 out of 10? Is there any difference between the satisfaction of male and female customers with the response time of the CompleteCare division

Reviews

Write a Review

Operation Management Questions & Answers

  Government decided to modernize their computer system

A large functional department in state government decided to modernize their computer system. The employees were made aware several months in advance of the changes, however, the implementation date kept getting pushed back. These things only served ..

  Identifying the key objectives for the interview process

In a paper of at least 3 pages, outline the services you plan to provide to the company (use the Elements of an Effective Proposal diagram as a guide), identifying the key objectives you have established for the interview process

  Equal employment opportunity commission

Jane Doe has been employed as a Trooper with the Highway Patrol for the state of Maryland for the past 3 years, assigned to the dispatch desk. On 3 different occasions during the past year, she submitted applications for promotion to the rank of corp..

  Consumer research and branding strategy

What is the consumer research behind the growth of Toyota and the brand strategy they have in place? Discuss the brand strength behind Toyota.

  Describe and illustrate one of the three portfolio approache

Describe and illustrate one of the three portfolio approaches. Explain why a business would choose a low cost, differentiation, or speed-based strategy.

  Illustrate what networking avenues will you use to better

Illustrate what steps you will take to obtain additional skills you might need. Illustrate what networking avenues will you use to better understand your field of interest get advice also help you self-market.

  To what extent can nurses substitute for physicians

To what extent can nurses substitute for physicians? What is a nurse practitioner? What role does a nurse practitioner play on a healthcare team? Explain for physician assistant as well.

  Major differences between traditional retail and e-tailing

Scan Book VII (Retail to E-tail) and Book VII (Storefront Selling) in Starting an Online Business. Based on your reading/review, Briefly summarize the major differences between traditional retail and e-tailing. Briefly compare Shopify and Etsy as too..

  Product-promotion-place of distribution and advertising

Choose a product (e.g., a tube of lipstick, 1 pound bag of coffee, 12 pack of beer) and find four brands that compete in this market space. The brands chosen should vary from low to high end. Determine the target market for each, how each brand posit..

  Determine category of provided data in given case study

Operations management professionals are often relied upon to make decisions regarding operational processes. Those who utilize a data-driven, structured approach have a clear advantage over those offering decisions based solely on intuition. Determin..

  What is the average number in line waiting for service

What is the average number in line waiting for service. What is the average wait time in line waiting for service

  Adding a line for producing a special onion flavored

Keisler Enterprise is considering the option of adding a line for producing a special onion flavored tofu over the next year. In fact, there are 2 ways to do this. The first way is using spare capacity on an existing line and modifying the process by..

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