Calculate the eoq and the total annual cost

Assignment Help Operation Management
Reference no: EM13106447

The current order quantity for Paul's Pasta Pinwheels is 200 boxes. The order cost is $4 per order, the holding cost is $0.40 per box per year, and the annual demand is 500 boxes per year. A . Calculate the annual holding cost plus the annual ordering cost to get the total annual cost when using an order quantity of 200 boxes. B. Calculate the EOQ and the total annual cost for this order.

Reference no: EM13106447

Questions Cloud

Aggregate demand and aggregate supply : Explain how the factor changed since the recession began in December 2007 and under aggregate supply discuss institutional changes that alter the efficiency of resources.
What is the wavelength in the water : A sound wave travels in air toward the surface of a freshwater lake and enters into the water. The frequency of the sound does npt change when the sound enters the water. The wavelength of the sound is 2.49 m in the air, and the temperature of bot..
Write letter to the elected official to address issue : Write down the letter to the elected official. Recognize the issue which is salient to you (national, state, local). Decide which elected official is most suiatble to address your issue.
Characteristics of normal distribution and normal curve : Describe the basic characteristics of a normal distribution and the normal curve. What are z scores and how are they used in relation to distributions and raw scores?
Calculate the eoq and the total annual cost : The current order quantity for Paul's Pasta Pinwheels is 200 boxes. The order cost is $4 per order, the holding cost is $0.40 per box per year, and the annual demand is 500 boxes per year.
Proportion testing with z test : What is the alternative hypothesis consistent with the claim the test subject is an expert? Which of the following is consistent with the rule for the null hypothesis and with the alternative:
Discuss importance of calculation and interpretation ratios : Discuss the importance of the calculation and interpretation of ratios, to complete an effective financial ratio analysis?
Application of z score and probability : Suppose that SAT score is normally distributed with a mean 988 and a standard deviation of 211 in 2004.A local college plans to set up a scholarship budget for 2005 where $5000 will be awarded to each incoming freshman whose SAT score is higher th..
Create a graph of that charts out the federal surpluses : Create a graph of that charts out the Federal Surpluses / Deficits and Real GDP in each year from 1965 to 2011. (Be careful with the Surplus / Deficit data, since there is an additional entry to account for a change in how the data ..

Reviews

Write a Review

Operation Management Questions & Answers

  Conclude the optimal order quantity also reorder point

The fixed administrative cost to process a backorder is estimated to be $5. Anderson sells an average of 30 units per week also the lead time for delivery of the doors is approximately two weeks. Conclude the optimal order quantity also reorder po..

  Explain how they vary across management levels

illustrate what are your thoughts on having a "contingency" budget to use in event of these unplanned emergencies. Illustrate what are key managerial skills also competencies. Explain how they vary across management levels.

  Consequences of unrealistic aspirations and routine initial

Consequences of unrealistic aspirations and routine initial assignments typically include all of the following except:

  Case study based on advertising strategy

You have just been appointed the Vice President of Advertising at the Keller Advertising Agency! Your agency has just signed a new client, LibraTech, that wants to introduce their new eReader into the marketplace in a way that will scare the competit..

  Illustrate what is the probability that he or she will cold

Given that a worker is involved in an exercise program, illustrate what is the probability that he or she will be a cold next yr.

  Why change is essential process for business to competitive

Explain why change is an essential process for businesses to be competitive. in what ways must businesses keep changing?

  Make a list of pizza delivery process design requirements

Make a list of pizza delivery process design requirements. Associate with each requirement a measure that would ensure that the process meets the requirement

  Explain physicians generate wealth by practicing medicine

Explain Physicians generate wealth by practicing medicine, not by developing cash management procedures or reviewing aging history databases.

  Find out the cause also effect of the problem faced by xyb

Develop a cause-also-effect diagram to Find out the cause also effect of the problem faced by XYB Organization. Based on this diagram, recommend some probable methods for improving the processes.

  Describe how could cooperative strategies further assist

In Elucidate what ways is Dunkin' Donuts presently using strategic alliances also describe how could cooperative strategies further assist with its master plan for growth.

  Describe how forecasting and planning will fit in your hr

Describe how forecasting and planning will fit in your HR plan. Be sure to link all of your HR plan components to a business strategy.

  Explain why does video vault differ from blockbuster

Explain why does Video Vault differ from Blockbuster in number of copies of movies it stocks. Would a studio that owns title to movie be indifferent between stocking policies of Video Vault and Blockbuster.

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