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

Polynomial function, For 1980 through 1996 e total exports E of the us can ...

For 1980 through 1996 e total exports E of the us can be modeled by E=-0.131^3 +5.033t^2-23.2t+233 where t is the number of years since 1980 in what year were the total exports abo

Explain the packet marking approach, Problem (a) Why it is difficult to...

Problem (a) Why it is difficult to perform IP trace-back. (b) (i) Explain the packet marking approach to IP trace-back. (ii) What is the basic problem with this approach

Expalin the benefts of targeting to a marketer, Question 1: a) Define ...

Question 1: a) Define market segmentation and briefly describe the different bases for segmenting markets. b) Expalin the benefts of targeting to a marketer. c) Explain th

Cyclical or stable earnings, When founded, when listed • Major lines of bus...

When founded, when listed • Major lines of business • Market share • Ranking within industry (e.g., largest of four companies...) • Exports • Major institutional owners (if any), p

Define marketing environment, Define Marketing Environment. The...

Define Marketing Environment. The Marketing Environment: Factors and forces at outside marketing, affects marketing management’s capability to maintain and develop

Compute average stock, The following ratios have been compiled relating to ...

The following ratios have been compiled relating to Prince Corporation for the year ended 31st December 2009 together with comparative figures of the average industry. Addi

Case study, Cascade Soap Company Mike Bowers sells soap products to grocery...

Cascade Soap Company Mike Bowers sells soap products to grocery wholesalers and large retail grocery chains

Analysis the kinds of synergies product, The road to market leadership has ...

The road to market leadership has not been without potholes however. In 1998, the company attempted to extend its brand by entering the herbal supplements market, rolling out a lin

Process of the positioning, Process of the positioning: Step 1: compet...

Process of the positioning: Step 1: competitor's identification: this step requires broad thinking. Competitors may not be just those, whose products and or brands fall into

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