Determine the number of orders per year

Assignment Help Operation Management
Reference no: EM132134500

A mail-order house uses 16,075 boxes a year. Carrying costs are 44 cents per box a year, and ordering costs are $95. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.45 2,000 to 4,999 1.35 5,000 to 9,999 1.25 10,000 or more 1.20

a. Determine the optimal order quantity. (Round your answer to the nearest whole number.)

Optimal order quantity boxes

b. Determine the number of orders per year. (Round your answer to 2 decimal places.)

Number of order per year

Reference no: EM132134500

Questions Cloud

Components for assessing global market opportunity : List and explain the essential information components for assessing a global market opportunity.
What is the probability that the student answers : If the student randomly guesses on each question , what is the probability that the student answers 3 questions correctly?
Which entity should doug invest : Assuming both investments will generate the same before-tax rate of return, which entity should Doug invest in when considering the after-tax consequences
The set of possible values of variable x : A coin is flipped five times in an experiment. If x is the number of heads that turn out in the experiment, what is the set of possible values of variable x?
Determine the number of orders per year : A mail-order house uses 16,075 boxes a year. Determine the number of orders per year,
Identify the rights and responsibilities of citizens : Evaluate the role of public opinion, interest groups, and political parties in Texas. Identify the rights and responsibilities of citizens.
Determine how much ethan may deduct in the current year : What must you know in order to determine how much, if any, of the $1,000,000 loss Ethan may deduct in the current year? Explain
Compare two experimental treatments : An independent-measures study has one sample with n = 10 and a second sample with n = 15 to compare two experimental treatments.
High performance and balanced scorecard-competing forces : Based on your readings, what have you learned about high performance and balanced scorecard/competing forces?

Reviews

Write a Review

Operation Management Questions & Answers

  Analyze the companys business-level and corporate-level

Construct a document in APA 6th edition format effectively demonstrating mastery of written communication with a targeted audience.

  The managers changing work environment

You will learn about the general environment which can affect a company's success including economic forces, technological forces, socio cultural forces, demographics forces, political forces and international forces. Provide examples of three of the..

  Create an organizational chart depicting the rank structure

Create an organizational chart depicting the rank structure within your department or your local department.

  Expansion of e-commerce

How does Network Effect (sometimes also called network externality - not exactly same though) has helped expansion of E-commerce? How far does this effect explain the runaway success of firms like Amazon and E-Bay? Will this effect always remain bene..

  The time between successive orders using the eoq

What would be the length of an order cycle – i.e. the time between successive orders using the EOQ?

  Define value based competition using the articles by porter

Define Value Based Competition using the articles by Porter and the text book.

  Health insurance portability and accountability act

The Health Insurance Portability and Accountability Act (HIPPA) protects the employee’s privacy and

  Contain information relevant to non-government entities

Does the FIPS 199 document contain information relevant to non-government entities? Justify your position.

  Sexual harassment negatively impacted by workplace culture

How is sexual harassment negatively impacted by the workplace culture? What behaviours in the workplace culture exacerbate sexual harassment?

  Concept of eschatology in this kind of literature

What is the history of interpreting Revelation and what is the concept of eschatology in this kind of literature?

  When should employees participate in decision-making

When should employees participate in decision-making, and why? What is groupthink, and what effect does it have on decision-making?

  What does their presence indicate about luke gospel

what is unique about Luke’s version of Jesus’ birth and early childhood? what does their presence indicate about Luke’s Gospel?

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