Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest-moving inventory item has a demand of 6,050 units per year. The cost of each unit is $98, and the inventory carrying cost is $9 per unit per year. The average ordering cost is $31 per order. It takes about 5 days for an order to arrive, and the demand for 1 week is 121 units. (This is a corporate operation, and the are 250 working days per year.)
A) What is the EOQ?
B) What is the average inventory if the EOQ is used?
C) What is the optimal number of orders per year?
D) What is the optimal number of days in between any two orders?
E) What is the annual cost of ordering and holding inventory?
F) What is the total annual inventory cost, including cost of the 6,050 units?
Identify two ways that healthcare organizations perform marketing related data capture that do not violate any regulatory stipulations. Analyze and discuss how these might change in the future and why.
Determine the utilization and the efficiency for each of these situations: A loan processing operation that processes an average of 5 loans per day. The operation has a design capacity of 11 loans per day and an effective capacity of 9 loans per day...
ABC Inc. issued common and preferred stock. Earl owns 60,000 shares of ABC common stock and Antonio owns the remaining 40,000 shares of common stock. Trisha owns 200,000 shares of ABC preferred stock, which has typical rights and preferences. How man..
C&A Electronics Division sells 30,000 cellular phones each year. They pay a supplier $200 for each phone, annual holding costs are 20% of unit phone cost, and ordering costs are $50 per order. The supplier offers a discount of 20% on orders of 350 or..
Write a question about a part that confused you/or you disagreed with and explain why.
Develop a scorecard to evaluate supplier performance. This scorecard should have at least four key performance measures key performance indicators (KPIs).
A manufacturing shop is designed to operate most efficiently at an output of 550 units per day. In the past month the plant produced 490 units. What was its capacity utilization rate last month
Write several paragraphs describing the aspects of a servant leader. Why does it appeal to an approach to leadership? What are some concerns?
Determine what responsibility businesses have toward the environment and the impact it has on society.
what is the concurrent engineering approach and why should project managers be aware of it?
Comment on the project management profession. What business areas contribute to the field of project management? Please provide some examples.
Review the project case. Determine the scope of the District 4 Production Warehouse Move project from the information provided in the case. Using the Project Scope Checklist, prepare a scope document for review and approval by the project sponsor ..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd