Using the fixed-order quantity model

Assignment Help Project Management
Reference no: EM1392104

Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units, a cost per order of $80 and a holding cost per unit per year of $4?

A) $849
B) $1,200
C) $1,889
D) $2,267
E) $2,400

Reference no: EM1392104

Questions Cloud

Process of viral replication : Explain the process of viral replication; discuss both normal and retroviruses, and comment on the implications of this process for genetic engineering.
Students arrive at the student services counter : Students arrive at the student services counter at an average of one every 15 minutes. Each request takes on average 12 minutes to be processed.
Explain how to construct stock solutions : Biochemists make stock solutions of reagents and use them to make working concentrations of buffers. Explain how to construct these stock solutions. You decide on the final volumes and show your calculations
Why nonverbal communication are different in relationships : Call to mind three relational partners you presently have: a friend, a coworker or classmate, and romantic interest. What aspects of your nonverbal communication are different in each of these relationships?
Using the fixed-order quantity model : Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units
Statistics-normal distribution-word problem : An aptitude test is designed to measure leadership abilities of the test subjects. Suppose that the scores on the test are normally distributed with a mean of 580 and a standard deviation of 120.
Arteriosclerosis impact on blood flow : Arteriosclerosis is focus of this question, address the condition and it's impact on blood flow through the carotid arteries and tell me more about arteriosclerosis
Six sigma computation-interpretations : To what probabilities do each of the following sigma levels correspond to, based on a standard normal curve: 3 sigma, 4sigma, 5 sigma, and 6 sigma? (Hint: Use the NORMSDIST function in Excel.
Fixed-order quantity inventory model : A company is planning for its financing needs and uses the basic fixed-order quantity inventory model. Which of the following is the total cost (TC) of the inventory given an annual demand of 10,000

Reviews

Write a Review

Project Management Questions & Answers

  Estimate the minimum price the owner

Using a tax rate of 34 percent, estimate the minimum price the owner of the division should consider for its sale. What is the maximum price the acquirer should be willing to pay?

  Functional organization verses a pure project environment

You have been assigned to a new and important project for your company. How would your management style differ if your project was being done in a functional organization verses a pure project environment?

  Computing expected return on project using capm

What is the expected return on the project using CAPM?

  Different investment appraisal methods

These different investment appraisal methods provide different types of information for investment decision makers.

  Sony is losing revenue to music pirating

Sony is losing revenue to music pirating. To prevent further illegal copying of its music CDs, Sony has begun placing a software program called Rootkit on its music CDs

  Show the primary function of a project plan

Show the primary function of a project plan and explain the nine categories of information in a project master plan.

  What cycle time would match capacity and demand

What cycle time would match capacity and demand if demand is 133 units a day, there are two shifts of 435 minutes each, and workers are given three half-hour breaks during each shift

  Using project risk management

Prepare a risk management plan for school as a school authority - take an example of the recent gun shoot incident in the United States.

  Computing minimum total direct cost for project durations

Compute the minimum total direct cost for each of the following project durations (based on the cost associated with each activity): 13, 14, 15, 16, 17, and 18 weeks.

  Explain how should a project manager handle a situation

Explain how should a project manager handle a situation in which the functional manager or employee appears to have more loyalty to his profession, discipline, or expertise than to the project

  Sources of the problems the project faces

Identify some of the sources of the problems the project faces.

  How does dependant demand differ from independent demand

How does dependant demand differ from independent demand? Dependant demand is the demand for end items. Independent demand is the demand for component parts.

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