User Account

All Pages

Policy of ordering quantities of size

Assignment Help Business Management
Reference no: EM131370325

Using the following information, obtain the EOQ and the total variable cost associated with the policy of ordering quantities of that size. Annual demand = 20,000 units, ordering cost = Rs. 150 per order, and inventory carrying cost is 24% of average inventory value.

Reference no: EM131370325

Questions Cloud

How the case study organisation could adopt new approaches : Your conclusions and recommendations will provide practical approach to the outcomes of theories used, including specific insights into how the case study organisation could adopt new approaches to leadership and managing strategic change.
Determine the optimum cost : The cost of ordering and transportation from the supplier is Rs.150 per order. The cost of carrying inventory is estimated at 15 % per year of the purchase cost. Find the lot-size that will minimize the cost of the system. Also determine the optim..
How frequently should order for rivets : A company uses rivets at a rate of 5,000 kg per year, rivets costing Rs.2 per kg. It costs Rs.20 to place an order and the carrying cost of inventory is 10 % per annum. How frequently should order for rivets be placed and how much?
Inventory carrying charge per rupee per : An oil engine manufacturer purchases lubricants at the rate of Rs. 42 per piece from a vendor. The requirement of these lubricants is 1,800 per year. What should be the order quantity per order, if the cost per placement of an order is Rs.16 and i..
Policy of ordering quantities of size : Using the following information, obtain the EOQ and the total variable cost associated with the policy of ordering quantities of that size. Annual demand = 20,000 units, ordering cost = Rs. 150 per order, and inventory carrying cost is 24% of aver..
Discuss why you chose the research method : Recent data on college student shows that it takes the average student four (4) years to transfer to a university and only 41% of students reach this goal. Please think about the things that might get in the way of students not being successful ..
What is time study : What is Time Study? What are the different equipment used for time study? Explain the process of Time Study?
Find the minimum cost and purchase quantity : The cost of initiating purchasing action is Rs. 15.00 per purchase and the holding cost is 15% of average inventory valuation per period. Item cost is Rs. 8.00 per unit. Find the minimum cost and purchase quantity.
How does nike promote value in their custom tennis shoes : How does Nike promote value in their custom tennis shoes? Do you believe that the Nike tennis shoe has value for the price? Do $300 tennis shoes, $1000 purses and other luxury items have value equivalent to their price tag?

Reviews

Write a Review

Business Management Questions & Answers

  What is the payback period

This is the only initial cost for the production. Pappy's is in a 30 percent tax bracket and has a required return of 15 percent. What is the payback period? NPV? And IRR?

  Skills and attributes of a manager-how to implement

Prepare a plan for your approach to management that includes the skills and attributes a manager must possess. In this plan, explain how you would implement each function of management in your role as a manager.

  Factors of resistance in change management

Factors of resistance in Change Management and the effects of these factors on the Change Management?

  Illustrate what would be the base calendar you would use

If you were doing a senior project, illustrate what would be the base calendar you would use for students working on the project also illustrate what adjustments would you make to it?

  Analyze the marketing channel issues

Analyze the marketing channel issues that may arise when a product is bundled with a service.

  What differentiates the chosen business from others

What differentiates the chosen business from others, and the markets the business serves? Provide a written company description. Be sure to include all the basic components of a company description.

  Global economy-national economies and competition

Identify and read at least four peer-reviewed journal articles focused on macroeconomic factors in two selected countries. Use national statistical data or data from international institutions (World Economic Forum, World Bank, International Monet..

  Testing causal hypotheses

Determine the  three types of evidence a research seeks while testing causal hypotheses explain your answer.

  Plan for implementation of net productthe ceo of your

plan for implementation of net productthe ceo of your company mr. gilbert has explained to you that the board is

  Show working conditions at foxconn

Working Conditions at Foxconn - Speculate on a possible challenge that one could make to this moral principle, and outline a response to that challenge.

  Explanation of the organizational issues

a) Develop a clear explanation of the organizational issues within the case study. b) Outline a clear direction for the case study analysis that includes all of the elements you plan to include.

  Discuss the various managed care models

Your lectures discuss managed care in America. Briefly discuss the various managed care models that we see in the United States today. Be sure to include PPOs, HMOs, and EPOs in your answer

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd