Calculate average inventory level

Assignment Help Operation Management
Reference no: EM131118400

Custom Computers, Inc. assembles custom home computer systems. The heat sinks needed are bought for $12 each and are ordered in quantities of 1,300 units. Annual demand is 5,100 heat sinks, the annual inventory holding cost rate is $4 per unit, and the cost to place an order is estimated to be $58. Calculate average inventory level. units LINK TO TEXT Calculate number of orders placed per year. orders (Round your answer to 2 decimal places, the tolerance is +/-0.01.) LINK TO TEXT Calculate total annual inventory holding cost. $ LINK TO TEXT Calculate total annual ordering cost. $ (Round your answer to 2 decimal places, the tolerance is +/-0.08.) LINK TO TEXT Calculate total annual cost. $ (Round your answer to 2 decimal places, the tolerance is +/-0.08.)

Reference no: EM131118400

Questions Cloud

Must the contract be in writing to be enforceable : ABC company hired Andrew as its research director. The terms of the employment contract is five years. As ABC knows at the moment of signing, Andrew is terminally ill when the contract is created, and is not expected to live more than nine months. Mu..
Virtual financial project : You are the project manager of a large, virtual financial project. You want to improve the functioning of the project team. Which of the techniques below would not likely improve the effectiveness and efficiency of the project team?
Calculate total annual costs using the EOQ ordering policy : Sam’s Auto Shop services and repairs a particular brand of foreign automobile. Sam uses oil filters throughout the year. The shop operates fifty-two weeks per year and weekly demand is 156 filters. Calculate the total annual costs associated with Sam..
Calculate economic order quantity-average inventory level : Custom Computers, Inc. assembles custom home computer systems. The heat sinks needed are bought for $12 each. Annual demand is 5,000 heat sinks, the annual inventory holding cost rate is $4 per unit, and the cost to place an order is estimated to be ..
Calculate average inventory level : Custom Computers, Inc. assembles custom home computer systems. The heat sinks needed are bought for $12 each and are ordered in quantities of 1,300 units. Annual demand is 5,100 heat sinks, the annual inventory holding cost rate is $4 per unit, and t..
Calculate the total annual holding costs : Frederick’s Farm Factory (FFF) currently marintains an average inventory valued at $3,400,000. The company estimates its capital cost at 10 percent, its storage cost at 4.5 percent, and its risk cost at 6 percent. Calculate the annual holding cost ra..
What are some of benefits and concepts of project management : With regards to supply chain management in a healthcare setting, discuss some of the benefits of forecasting. What are some of the benefits and concepts of project management? How is project management beneficial? Discuss. Give an example of project ..
Calculate the expected inventory turnover : Joe, the owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness. Last year the cost of goods sold at GR was $3,000,000. Genuine Reproductions (GR) plans on increasin..
Benefit of using milestone analysis to control project : To control your project, you decide to use milestone analysis. Which of the below is not a benefit of using milestone analysis to control a project?

Reviews

Write a Review

Operation Management Questions & Answers

  What is your favorite cost leadership restaurant

What is your favorite cost leadership restaurant?

  Work methods and staffing in central sterile supply division

Analyse work methods and staffing in the central sterile supply division of material management in a hospital. Develop a proposed approach to a complete study of the department, including the "sales pitch" you would use to try win the manager's coope..

  Explain how such firms can overcome the obstacles

From institution based and resource based views identify the obstacles confronting MNE's from emerging economies interested in expanding overseas.

  Creating moving average forecasting model to forecast sales

Sales of Hot-Blast heaters have grown steadily during the past five years, as shown in the following table, Using exponential smoothing constants of 0.35 and 0.65, develop forecasts for years 2 through 6.

  Describe a complex situation-satisfaction of stakeholders

Describe a complex situation when you had to face into conflict. How did you approach the situation? Was the situation resolved to your satisfaction and to the satisfaction of stakeholders? How did you know?

  Considers only long-term change and ignore short-term change

A competitive advantage is described as sustainable when it can be maintained for a longer period of time even though other companies may be able to copy it. Components of the external environment are highly interdependent, while components of the in..

  Discuss the strategies this company utilizes to get project

Discuss the strategies this company utilizes to get their product(s) distributed internationally and how they address risks and meet business demands.

  Enrons ethics code was based on respect integrity

enron code of ethics - this code of ethics will be used as the basis for the system of inquiry. develop a system of

  About the manufacturing facilities

The annual demand for the new product is 250000, the plan is to run 20 days per month, the plan runs 1 shift of 8 hours, production has 2 breaks @ 10 min each shift. No parts are required line side as they are removed from the overhead and placed on ..

  Value-added processes across organizational boundaries

The design and management of seamless, value-added processes across organizational boundaries to meet the real needs of the end customer is called:

  Calculate the daily sales during the discount sales period

Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December. Calculate the daily sales ..

  Discuss economic-safety regulations imposed on trucking

Why would a private fleet be organized on the basis of a cost center? A profit center? Describe the methods available to a private carrier to operate as a for-hire carrier. Discuss the economic and safety regulations imposed on private trucking by th..

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