Determine the time between orders

Assignment Help Operation Management
Reference no: EM13110453

Hottenstein, Giffith, and Hult, attorneys at law, do a great deal of printing. The firm uses a single type of printer with annual demand for print cartridges of 480 per year. The order cost is $15 per order and the carry cost is 20 percent per cartridge per year of the purchase cost of $35 per cartridge.

How many print cartridges should the firm order at one time?

What is the time between orders?

 

Reference no: EM13110453

Questions Cloud

How to find data collection methods-instruments are reliable : Data collection instrument used in managerial research. Why is it significant to make sure that these data collection methods and instruments are both reliable and valid?
How much revenue will it receive : What price should do you charge if it wants to maximize its revenue from this concert? And, how much revenue will it receive?
Hypothesis testing-population mean of student : Mean score on 10 item test for all students enrolled in a Traditional course was 9.64. A random sample of 41 students in Project Course is given same test
What could the healthcare team do to improve : Describe the care that Sue received. Why didn't the nurses who took care of her put themselves in her position and take better care of her?
Determine the time between orders : Hottenstein, Giffith, and Hult, attorneys at law, do a great deal of printing. The firm uses a single type of printer with annual demand for print cartridges of 480 per year.
Hypothesis testing-comparison of mean : A study to see how well marital dissolution was predicted by the personality scores of husbands and wives was published in the Journal of Personality and Social Psychology.
Determine proportion of employees who are managers : 37 percent of managers have MBA degrees. Using probability formulas. Determine the proportion of employees who are managers and have MBA degrees.
Test of hypothesis : The manager of a paint supply store wants to determine whether the mean amount of paint conatined in 1- gallon cans purchased from a nationally known manufacturer is actually 1 gallon.
Calculate annual holding cost plus the annual ordering 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.

Reviews

Write a Review

Operation Management Questions & Answers

  Examine the subsequent rules also write a report to jeff

Examine the subsequent rules also write a report to Jeff Baker summarizing your Find outings also advise him on which rule to use.

  Describe common communication problems

Do some research to identify four to six common communication problems that occur in organizations. The text discusses several organizational communication problems.

  Which can be found in lake jackson and in lake bradford

The tiger minnow, which can be found in Lake Jackson and in Lake Bradford, is a small meat-eating fish. At the present time

  Improving change planning

As a manager you will be asked to lead change efforts in your organization. Change management intensifies the need to understand a range of factors, especially diversity of people which takes into account But a global economy a range of interests.

  Manages the warehouse inventory for athleticks

Mr. Dave Jones manages the warehouse inventory for Athleticks, a distributor of sports watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 100 units and a performance cycle of 8 days.

  Determination of a solution in countrywide financial

Evaluate two or three solutions to problem also identify primary moral principles also ethical values that should guide or influence determination of a solution in Countrywide Financial: Subprime Mektdown Case Study.

  New machine that will reduce manufacturing costs

Mars Inc. is considering the purchase of a new machine that will reduce manufacturing costs by $5,000 annually. Mars will use the MACRS accelerated method to depreciate the machine

  The tennis club has a number of inventories it must manage

The tennis club has a number of inventories it must manage and must minimize all its expenses to stay in business. For each inventor, describe a goo management policy or system

  Discussion on short range plans

Discuss short-range plans; include a brief description of the various types of short-range plans. Give a business example of each type of plan.

  Calculate the maximal expected profit

Goop Inc needs to order a raw material to make a special polymer. The demand for the polymer is forecasted to be Normally distributed with a mean of 250 gallons and a standard deviation of 125 gallons.

  Conclusions of empirical research

How do you determine if the conclusions of empirical research are logically supported or not? Do conclusions that are not logically supported invalidate the entire study? Why or why not?

  Discuss why you believe it is either beneficial

Discuss why you believe it is either beneficial or detrimental that this organization is insulated this way.

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