What is the annual carrying cost

Assignment Help Operation Management
Reference no: EM13233913

quick cheif cookers sell at an average [ace of 12500 per month. Each cooker costs the company $100. The annual carrying cost for each cooker is 10%. each Each order that is placed by company costs 300, covering clerical and delivery cost. The order lead time is 6 days and the company is open for business 365 days per year.

1. What is the economic order quality?
2. What is the annual order cost?
3. What is the annual carrying cost?
4. At what inventory level should company place an order?
5. company has the option of buying in quantities of 4000 at a price of 95 per unit. should they buy? Why or why not?

 

Reference no: EM13233913

Questions Cloud

What is maximum amount of money a tenant would have to pay : Now the gov decided to pass a law that the cost to rent should not exceed $375 per apartment. In order to minimize the damage such a law will have on apartment owners, the government decided to allow landlords to force.
The ethylcyclohexene is subjected to free rdical bromination : The major monochrominated product which results when ethylcyclohexene is subjected to free rdical bromination is one of the following. chose your answer from the list provided.
What is the unit of data working in the data link layer : What is the unit of data working in the Data Link layer? a) Bit b) Frame c) Segment d) Packet 2. What is the unit of data working in the Transport layer
Discuss how the data resource management methods : Discuss how the data resource management methods of today will need to evolve as more types of data emerge.
What is the annual carrying cost : company has the option of buying in quantities of 4000 at a price of 95 per unit. should they buy? Why or why not?
Determine the optimal purchase order quantity : What kind of queues are you encounter in your everyday life (for example: car wash, ATM, bank, ticket counter, traffic crossing etc.). Which one irritates you the most and how would you fix it?
Describe relatively polar cpmpound : Alkenes, choose which statement best dis cribe alkenes from the followings. (a) are relatively polar cpmpound (b) have lower boiling points than alcohols of similar molecular weight. (c) are reasonably soluble in water. (d) both A and B (e) none of..
What is the total thermal energy of the air : A mole of air in a closed container is initially at 300k. Suppose that you now add 10 J of heat to the air, without doing any work on it, what is the total thermal energy of the air
How should the law be applied to a dispute arising : How should the law be applied to a dispute arising from a deal that involves a party in a state in which the laws are enacted and a party in a state in which they are not enacted?

Reviews

Write a Review

 

Operation Management Questions & Answers

  Describe the products goods and services

China and India have demonstrated trends toward Western-style consumption over the last decade. Given the emphasis on the youth market in the US over the last 60 years (since the baby boom), what can you suggest for marketers in these youth-orient..

  List five considerations to consider

List five considerations to consider when starting to define the scope of the business process outsourcing transaction and discuss the importance of each in relation to outsourcing.

  Creat a rfp for a bpo in a ficticous organization

Creat a RFP for a BPO in a ficticous organization and explain why you would use different parts. Defend you choices to the executive team tasked with the outsourcing project.

  Use of simulation software such as crystal ball

Given the ease of use of simulation software such as Crystal Ball, what other data used in project management should probably be simulated?

  Determine the number of new hires

Determine the number of new hires that should begin the three-month training program each month and the number of current employees that should begin the two-month training program each month.

  What would the process be of any practical value

How should the firm carry out the environmental scanning process? What would the process be of any practical value?

  Creating the monthly sales data on a sheet of graph paper

The monthly sales for Telco Batteries, Plot the monthly sales data on a sheet of graph paper and Forecast January sales for the new year.

  A manager wants to determine the number of containers

A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month. The process will have a usage rate of 68 pieces per hour

  Describe the importance of a project charter to the project

Describe the importance of a project charter to the project manager. How does a strong project sponsor and clear project scope apply to the overall success of a project?

  What is the difference between the internet and the web

What is the difference between the Internet and the Web? What are the key technologies the Internet is based on?

  Difference between compensatory and consequential damages

What is the difference between compensatory damages and consequential damages? Provide at least one relevant example of each that was not included in your textbook.

  Calculate the expected average flow time

a. Calculate the expected average flow time. b. What changes would you recommend to meet the goal of processing a returned video within 6 hours?

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