What are the annual ordering costs-economic order quantity

Assignment Help Operation Management
Reference no: EM131375022

Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 14 comma 90014, units. Southeastern estimates its annual holding cost for this item to be $25 per unit. The cost to place and process an order from the supplier is $76. The company operates 300 days per year, and the lead time to receive an order from the supplier is 33 working days. a) What is the economic order quantity? nothing units? (round your response to the nearest whole number). ?b) What are the annual holding costs? $ nothing (round your response to the nearest whole number). c) What are the annual ordering costs ?$ nothing (round your response to the nearest whole number). d) What is the reorder point nothing units (round your response to the nearest whole number).

Reference no: EM131375022

Questions Cloud

A fitness center is considering an expansion : A fitness center is considering an expansion. Three proposals are being considered: add new pool, add new equipment or add child center.  What is the optimal decision when using the maximax criterion? What is the payoff for it?
Formulate capital budgeting integer programming problem : The Charm City Company is currently considering 4 proposals for investment. The table below displays each proposal's net present value (NPV) in millions of dollars and each proposal's requirements for cash (in millions of dollars) for each of the nex..
Journals explaining the recruitment process : Please find five articles 2015-2016 published on recruitment and selection of employees and compare and contrast the articles or journals explaining the recruitment process and selection of employees.
Specific metrics that measure internet traffic : What are some of the specific metrics that measure Internet traffic, audiences, and campaigns? Which ones do you think are most important? Explain why managers should be concerned about the trust customers have in their brand or company and what they..
What are the annual ordering costs-economic order quantity : Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 14 comma 90014,900 units. Southeastern estimates its annual holding cost for this item to be $..
What are the main variables for cost driver models : List three decisions an improved IS could help Sperry Van Ness president and CEO Kevin Maggiacomo make. For each decision, describe the data that must be in the database to provide such help. What are the main variables for cost driver models? How ca..
Relationship between audit delay and variables : A study investigated the relationship between audit delay (Delay), the length of time from a company's fiscal year-end to the date of the auditor's report, and variables that describe the client and the auditor. Finished A measure ranging from 1 to 4..
Some intrapreneurs make discoveries that earn millions : Some intrapreneurs make discoveries that earn millions or even billions of dollars of product sales for the companies they work for, but because this was not provided for in their employment contracts, they do not share in these profits. Is it ethica..
Shareholder of a pharmaceutical firm : On Ethics: As a shareholder of a pharmaceutical firm that announced its new investment to develop an Ebola vaccine and that as a result, your dividend would be reduced, would you support or not support the firms decision to spend your money to combat..

Reviews

Write a Review

Operation Management Questions & Answers

  Various logistics analysis services to other firms

Logistics Consultants Inc. (LCI) provides various logistics analysis services to other firms, including facility location decisions. It has just completed a project for a major customer, but on the eve of its presentation

  Part of the separation of powers principle

A major principle guiding the design of the Constitution is separation of powers. Which of the following is part of the separation of powers principle?

  Several social trends affecting consumers and companies

Several social trends affecting consumers and companies. Which of these do you think is most important for companies to concentrate on? How might this differ based on the company's mission, target market, or products? What products or services do you..

  Develop your personal leadership model and framework

Please develop your personal leadership model/framework. The model should represent your ‘authentic’ leadership perspective. You should represent your model with an illustration (diagram, graphic, smart art, etc). Each construct within your model/fra..

  Research leadership styles and pick two diverse styles and

most people have a blend of leadership styles they use. some leaders are more flexible in applying a wide range of

  How does the quality being measured

How does the quality being measured associate with the current changes in the health care environment

  Analyze the merits and demerits of global sourcing versus

outsourcing especially to low labor-cost countries has grown substantially. be sure to address the following in your

  Provide financial consulting services to stevens

Richard contracted to provide financial consulting services to Stevens Services, and Stevens agreed to pay Richard $10,000 for those services. Richard owed Acme Enterprises $20,000 and was paying 1% on the unpaid balance each month. Can Acme legally ..

  The three-station work cell has product

The three-station work cell has a product that must go through one of the two machines at station 1 (they are parallel) before proceeding to station 2. The bottleneck time of the system is? which station is the bottleneck station?

  The number of issues regarding trademarks

Internationally, the number of issues regarding trademarks, patents and copyrights continues to grow. The music business is changing rapidly now. Where do you think it will end up as a result of its inability to protect its copyrighted works that are..

  What are the functions and organization of the department

What are the functions and organization of the department? List five primary functions of the IS department. Define CIO and explain CIO’s typical reporting relationships. Name the four groups found in typical IS department and explain the major respo..

  Develop a planning schedule showing when each item

Product X is made of two units of Y and three of Z. Y is made of one unit of A and two units of B. Z is made of two units of A and four units of C. Lead time for X is one week; Y, two weeks; Z, three weeks; A, two weeks; If 105 units of X are needed ..

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