User Account

All Pages

Annual inventory cost-edmonton oilers entertainment

Assignment Help Operation Management
Reference no: EM132723043

The Edmonton Oilers Entertainment Group orders pucks that they sell to fans for $5 each. Their inventory holding cost (H) is 21% of the selling price. The annual demand (D) is 512,414 pucks and they have to order (Q) 9,177 pucks at a time. Due to fluctuations in demand they keep 1,100 pucks on hand as safety stock. It costs $57 (S) for each order.

What is the annual inventory cost?

Reference no: EM132723043

Questions Cloud

Determine the net realizable value of Beamon accounts : An Allowance for Doubtful Accounts balance of $1,100. Determine the net realizable value of Beamon's accounts receivable
Estimate the probability that sales will rise moderately : Estimate the probability that sales will rise moderately. A firm uses trend projection and seasonal factors to simulate sales for a given time period.
Prepare the adjusting entry at year-end : Allowance for Doubtful Accounts has a credit balance of $275. Prepare the adjusting entry at year-end for the estimated bad debt expense
Find the probability that flight selected arrived on time : If one of the 87 flights is randomly selected, find the probability that the flight selected arrived on time. Podunk Airlines: flights on time-33, late flights
Annual inventory cost-edmonton oilers entertainment : The Edmonton Oilers Entertainment Group orders pucks that they sell to fans for $5 each. Their inventory holding cost (H) is 21% of the selling price.
Estimate the probability that sales will remain steady : A firm uses trend projection and seasonal factors to simulate sales for a given time period. Estimate the probability that sales will remain steady.
What challenges did you observe in coding : What challenges did you observe in coding these qualitative data and How clearly did the categories and themes emerge from the data
Create the sample space of possible outcomes : Create the sample space of possible outcomes. A card is drawn from a well-shuffled. Find P(drawing a face card or a 4). A face card is a king, queen, or jack.
Discussing getting tested for sexually transmitted infection : Imagine a scenario in which two partners are discussing getting tested for sexually transmitted infections (STIs).

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd