Determine relevant total average cost per week, Marketing Management

Assignment Help:

A bank uses a certain form at a uniform rate of 60 pads per week. During each of the 52 weeks per year it is in operation. Every replenishment order it places is delivered at one time. No minimum inventory is carried. The cost of placing and receiving of an order is Rs 15. The purchase price is Rs 2/pad. The inventory of carrying cost in term of an amount paid per pad is estimated to be 25% of the unit price. The lead time is 3 weeks. With the use of the given data the calculated value of the EOQ determine the following:

(i) Reorder point

(ii) Maximum inventory

(iii) Average inventory

(iv) Average no of orders per week

(v) Average order cost per week

(vi) Relevant total average cost per week

(vii) Relevant total average cost per year


Related Discussions:- Determine relevant total average cost per week

Pest and swot analysis, ‘Tots & Teens Fashion' is a small business based in...

‘Tots & Teens Fashion' is a small business based in Birmingham, UK. It is owned by Amara and her husband Tariq who started the business 2 years ago. The business supplies a r

Pricing, how cost structure influence in pricing a product?

how cost structure influence in pricing a product?

Advertising, Meaning or definition : the term advertising is derived from t...

Meaning or definition : the term advertising is derived from the original Latin word "advertere" which means "to turn" the attention. Every price of advertising turns on the attent

marketing planning, types of marketing planning that a business organizat...

types of marketing planning that a business organization can adapt

Explain about the consumer movement in marketing activities, Explain about ...

Explain about the consumer movement in marketing activities. Consumer movement: Avarious collection of independent peoples, groups and organizations seeking to defend the

Product, A good or service an organization makes in quantity to sell on the...

A good or service an organization makes in quantity to sell on the open market is a product.

Buying process, what is proposal solicitation in buying process

what is proposal solicitation in buying process

Target market assignment, please give target market assignment (introductio...

please give target market assignment (introduction, content topic note and aknowledgement)

Write Your Message!

Captcha
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