Optimal inventory cost and number of orders.

Assignment Help Basic Computer Science
Reference no: EM131029591

The demand for an item is 8000 units per annum and the unit cost is Re.1/-. Inventory carrying charges of 20% of average inventory cost and ordering cost is Rs. 12.50 per order. Calculate optimal order quantity, optimal order time, optimal inventory cost and number of orders.

 

 

Reference no: EM131029591

Questions Cloud

What is the numeric equivalent of the character five : Sometimes it is confusing to realize that numbers can be represented as both numeric data and character data. Use MATLAB to express the number 85 as a character array. How many elements are in this array?
Find the linear cost function : An electrician charges a fee of $60 plus $45 per hour. Let C(x) be the cost in dollars of using the electrician for x hours. Find the linear cost function.
From a managerial perspective : From a managerial perspective, assess the greatest systems operational challenge. Then, recommend what management can do to overcome the challenge that you identified. Support your response with specific examples or evidence.
What was ofra sherman predicament : What did Glaxo-Welcome do? What should they have done? Did Ofra Sherman do the right thing? What would you have done? What was Ofra Sherman's predicament? How did she get into it? How do you evaluate her actions as described in the case
Optimal inventory cost and number of orders. : The demand for an item is 8000 units per annum and the unit cost is Re.1/-. Inventory carrying charges of 20% of average inventory cost and ordering cost is Rs. 12.50 per order. Calculate optimal order quantity, optimal order time, optimal inventory ..
Example of operating system : Which of the following is not an example of Operating System? (a) Windows 98 (b) BSD Unix
What does the number 3.03 represent : Describe how you arrived at your answer by showing your work/setup with the slope formula.
Wallet class implements a wallet : Your new Wallet class implements a wallet that contains banknotes. A banknote is representedasanintforsimplicity,1fora$1bill,5fora$5bill,andsoon. Youare required to use just a simple array of int to hold the banknotes. You may NOT use an array list.
What is the probability of the given question : If the annual test results are independent, what is the probability that in any one year a mammogram will produce a false-positive result?

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Evaluate five to seven most important things about computer

Evaluate five to seven most important things about computer network

  Implement this function in assembly language

Implement this function in assembly language and write a test program that calls the function several times, passing it different values. Display all results on the screen.

  Common information security threats

Common Information Security Threats

  Define what is displayed on a computer screen

Computer users may encounter situations in which they can best express a computer-related problem or solution by showing the audience a graphic or video representation of what is displayed on a computer screen.

  How to protect yourself from computer crimes

Evaluate how vulnerable or susceptible society is today, with respect to this computer crime.

  Calculate the average and strike rate of all players

Read the team members' family names from the first data file and store them (wherever your program design says it is best to do so). There will be 15 names. You may then close the first file.

  Give the main advantages of a dynamic implementation

Give the main advantages of a dynamic implementation of a list of items over a static implementation.

  Develop and demonstrate a full software solution

Your task is to develop and demonstrate a full software solution for an engineering problem of your choice. You are required before you begin to outline all requirements.-

  Describe issues that are involved in creation of gui

Describe issues that are involved in creation of GUI prototype for mobile devices.

  Probability and set theory questions

COMP 2804 Assignment 3,  The Fibonacci numbers are defined as follows,  Assume we roll each of D1, D2, and D3 once, independently of each other. Let R 1 , R2, and R3 be the numbers on the top face of D1, D2, and D3, respectively.

  Draw an erd to model this situation

The local city youth league needs a database system to help track children that sign up to play soccer. Data needs to be kept on each team and the children that will be playing on each team and their parents.

  Compute trajectories for a satellite launcher

Compute trajectories for a satellite launcher

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