Nis sound systems, Electrical Engineering

NIS Sound Systems, Inc. produces and sells sound systems for both home and auto. DVD players used in the assembly of NIS systems are purchased from BUN Electronics. NIS purchasing agent currently submits a purchase requisition for DVD players 13 times a year, and their order size generally remains fixed from cycle to cycle. The company's annual requirements for DVD players total 5,000 units (20 units per working day), and the cost per unit is $60. The supplier has been quite reliable with deliveries; total time between date of order and the date of receipt is 5 days. Associated with the purchase of each shipment is ordering cost. This cost, which amounts to $20 per order, includes the cost of preparing the requisition, inspecting the delivered goods, and issuing a check for payment. In addition to the ordering cost, NIS incurs inventory carrying cost that includes cost of capital, insurance, storage, handling, tax and so forth. This cost equals 10 percent of the purchase cost per unit per year. Beginning on September 2010, NIS management would like to embark on a companywide cost-control program in an attempt to improve its profits. One area to be closely scrutinized for possible cost savings is inventory management. Given this strong pressure from top management, the operations manager, Ms. Mary Jones, wants to know if there would be any possible cost savings in her area. More specially, she would like to understand how much costs could be saved from an effective inventory policy.

Posted Date: 2/22/2013 4:34:53 AM | Location : United States

Related Discussions:- Nis sound systems, Assignment Help, Ask Question on Nis sound systems, Get Answer, Expert's Help, Nis sound systems Discussions

Write discussion on Nis sound systems
Your posts are moderated
Related Questions
Mould Casting: Plaster Moulding : In this method, the mould is prepared in gypsum or plaster of paris. In practice, the plaster of paris is mixed with tale, asbestos, fibers

how can be a karnaugh map of the count of sequence: 0-5-6-9-11-14

Q. Input offset voltage of operational amplifier? When both inputs are tied to ground, i.e., both differential-mode and common-mode inputs are zero, the output should be zero.

Explain iron and silicon iron alloys. Iron: Galvanised steel and iron wires that are usually used for earth conductor in low voltage distribution systems may also be utilize

Q. Explain Amplitude-shift keying? A carrier's amplitude is keyed between two levels (binary 1 and 0) in binary ASK. Figure shows the functions of a coherent ASK communication

3-Phase 4 Wire Meters with CT and MD If load is commonly more than 50 A, CT operated meters should be used. It is to be remembered that CTs should be properly selected for acc

Q. Write a note on the application of emitter-follower? An emitter follower can serve as a buffer for a voltage source. The voltage divider at left is a poor voltage source bec

What are plastics? Plastics are materials (containing carbon as common element) that have organic substances of high molecular weight and are able of being formed in required

Q. How do you calculate the insulation resistance of transformer and what is the minimum value? Ans. The insulation resistance of the transformer will be calculated by using