What is the approximate economic order quantity

Assignment Help Operation Management
Reference no: EM131176185

A certain type of computer costs $1,000, and the annual holding cost is 25% of the value of the item. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity? The answer that is posted is incorrect. The answer should be 110, does anyone have a way to do this problem correctly?

Reference no: EM131176185

The boys who participate in athletics are taller than other

A random sample has mean height of 80 boys, who participated in the athletic competition was 167 cm with a standard deviation of 9 cm. The mean height of the 160 boys who did

Businesses appear to fit the business market definition

The company is Senior's First Choice and is a non medical in home care company focused toward seniors wishing to age in place or in home. What specific types of businesses app

How did the american federation of labor

How did the American Federation of Labor(AFL) ideology differ from the Industrial Workers of the World(IWW) and how did ideologies affect the structure of onion organization?

What is the IRR for this project

Your firm is contemplating the purchase of a new $605,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It w

How are they relate to maintaining proper level of inventory

To be considered substantive, your reply should add significantly to the discussion by building on others' comments, pointing out similarities or differences in your backgro

What is the total cost of option excluding the material cost

Inventory holding or carrying cost is $100 per disk drive per quarter. The holding cost is based on the inventory at the end of each quarter - plant of Computer Products produ

Code of ethics and business conduct

“Morgan Stanley: Code of Ethics and Business Conduct,” and “Starbucks Code of Behavior” discuss the approaches and provisions these two companies have utilized in their attemp

Inventory ordering policy

Dunstreet's Department Store would like to develop an inventory ordering policy of a 90 percent probability of not stocking out. To illustrate your recommended procedure, use


Write a Review

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