Determine relevant total average cost per week, Marketing Management

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

Posted Date: 3/2/2013 6:32:04 AM | Location : United States

Related Discussions:- Determine relevant total average cost per week, Assignment Help, Ask Question on Determine relevant total average cost per week, Get Answer, Expert's Help, Determine relevant total average cost per week Discussions

Write discussion on Determine relevant total average cost per week
Your posts are moderated
Related Questions
A retail fast food chain is considering an expansion in new cities locally and internationally. Profitability has been on the increase and the board has taken the decision to inves

"For every 2 vans in a car-park,there were 9 cars.For every 1 motorcycle,there were 3 cars.After 7 motorcycles left the car-park,2/13 of the remaining vehicle were motorcycles.How

What is Cultural Environment? Cultural Environment: Cultural Environment Persistence of cultural values: Secondary and core beliefs shifts within secondary cultural valu

State the characteristics of communications Within market exchanges, communications are characterised by planning and formality. Relational exchanges are supported by more fre

What is of Price Bundling? Price Bundling: If the products are associated but are non-substitutes that are complementary or independent one strategic alternative for the

Rehman invests his summer earnings of $3050. He invests part of his money at 8%/year, and the rest at 7.5%/year. After 1 year, these investments earn $242 in simple interest.How mu

Discuss in detail the different Decisions concerning product mix and product line? Product Mix: The first task of Marketing Manager is to response the question. What type

how would you classify a polyhedron with 8 faces?

Identify Key Performance Indicators (KPIs)    1.      Undertake liaison with managers, engineers and other staff responsible for designing and/or implementing change 2.

Service Offered by Ad-agency :- These days ad agencies give wide range of services like planning and preparation of ad and execution of ad with selection of media, sales promotion,