What is the cost of one box of gloves

Assignment Help HR Management
Reference no: EM13748431

Northwest Hospital currently buys surgical gloves in lots of 1,500 boxes once every four months. Under this ordering policy, demand for gloves will be completely satisfied with no surplus and no shortage. The carrying cost is $15.00 per box per year, which is equivalent to 10% of the cost per box. The ordering cost is $150 per order. What is the cost of one box of gloves?

Under the current ordering policy (i.e., 1,500 boxes every four months), what is the annual total inventory holding cost?

Under the current ordering policy, what is the annual total ordering cost?

Under the current ordering policy, what is the annual total product cost?

What is the economic order quantity?

At the economic order quantity level, how many times will orders be placed?

At the economic order quantity level, what is the time between orders?

At the economic order quantity level, what will be the annual total ordering cost?

At the economic order quantity level, what will annual total inventory holding cost?

Suppose that to order at the economic order quantity level, Northwest Hospital will have to pay $1.00 more per box, should Northwest Hospital order at the economic order quantity? What if the price of the box was increased by $5.00 per box?

Reference no: EM13748431

Discuss about the post given below

Searching for a job online is good and bad, While most people believe searching for a job online is easy, the reality is a time consuming task. the companies are designing h

What possible resources exist for to deal with new challenge

Identify two resources (give link or specific information so the readers can research them as well) and provide how each might be useful to you as a manager in the workplace

What reliable resources are available to learn

What reliable resources are available to learn about the implications of this law and What is the purpose or rationale of the law? How will the law affect day to day operation

Create a timeline of all the significant labor legislation

Create a timeline of all the significant labor legislation passed in the 20th century using Word's Table feature. Next to the name of each law, place a column with the year

Increase motivation and improve job performance

How can you use goal-setting to increase motivation and improve job performance? How might your engagement as an employee and job satisfaction influence job performance? Discu

Legal aspects of us health care system administration

Prevailing wisdom reinforces the fact that working in U.S. health care administration in the 21st Century requires knowledge of the various aspects of health laws as they ap

Outcomes of the lawsuit

From the e-Activity, provide a brief, two (2) sentence summary of the background of the case and the outcomes of the lawsuit. Examine both the positive and negative effects

What are regulatory agency changes coming in the near future

When comparing the overall health care system in America, how does it compare to just 40 years ago? Provide some examples of what specifically is critical for the health

Reviews

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