Calculate the minimum total annual cost at the EOQ

Assignment Help Operation Management

Reference no: EM132307191

The Coolest Tables company sells lovely hand made tablecloths at its store. The table cloths cost $15 each. Customers want to buy the tablecloths at a rate of 240 per week. The local company operates 52 week/year. The owner estimates his ordering cost at 50/order. The holding cost is $3/unit/year. The lead time is 4 weeks. Using the information Given

Calculate the minimum total annual cost(TC) at the EOQ

Determine the reorder point

Reference no: EM132307191

Questions Cloud

Why will this plan help the organization : Write your paper in a format that directs your plan to the company. Why will this plan help the organization? Use outside resources to back up your strategy.

Summarizing the controversy as succinctly as possible : W.E.B Du Bois utilizes the metaphor of the veil to depict the 'color-line' of the late 1800's and early 1900's in American politics and society.

What additional annual cost is the shop incurring : What additional annual cost is the shop incurring by staying with this order size?

Different purposes of an evaluation of salesperson : Discuss ten (10) different purposes of an evaluation of salesperson performance and how each purpose affects the performance evaluation process.

Calculate the minimum total annual cost at the EOQ : Calculate the minimum total annual cost(TC) at the EOQ

Well-equipped to deal with challenges of leadership : Are women somehow not well-equipped to deal with challenges of leadership?

Identify and describe the accounting concepts : HA3011 Advanced Financial Accounting Assignment, Holmes Institute, Australia - identify and describe the accounting concepts

Develop a training program for improving performance : Develop a training program for improving performance and effectiveness in their regional offices globally in the Real Estate Group.

Write about the bowling experience : Simply write about the bowling experience in terms of how physically it benefited you, and how it could benefit you further if you continues to bowl.

User Account

All Pages