User Account

All Pages

Find the economic order quantity

Assignment Help Operation Management
Reference no: EM131316523

Solve the following inventory management problems -

Problem 1 - Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,000 units. Southeastern estimates its annual holding cost for this item to be $25 per unit. The cost to place and process an order from the supplier is $75. The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.

a. Find the economic order quantity.

b. Find the annual holding costs.

c. Find the annual ordering costs.

d. What is the reorder point?

Problem 2 - L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system?

Reference no: EM131316523

Questions Cloud

Find the natural frequencies as a function of the mass m : A plate of mass m, supported by a slender straight beam as shown in the Fig. P5.7, vibrates while sinusoidal force is applied to the center of the plate. Find the natural frequencies as a function of the mass m, flexural rigidity EI of the beam, a..
Design a project to allow a student to access current grades : Design a project to allow a student to access current grades and/or create a "What-if" situation on a continuing basis to understand where they are at any given point in the semester.
Use of gis-data mining in public health in innovative ways : What is a GIS? How is GIS currently used to improve the practice of epidemiology? What is data mining? How is data mining currently used in epidemiology practice and research? How might developing Internet and Web technologies impact the use of GIS a..
Define the potential problem that arises from the design : Define the potential problem that arises from the design, and suggest a solution to the problem.
Find the economic order quantity : Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. Find the economic order quantity. Find the annual holding costs
What is your best estimate of the company cost of equity : Stock in Daenerys Industries has a beta of 1.2. The market risk premium is 8 percent, and T-bills are currently yielding 4.6 percent. The company’s most recent dividend was $1.60 per share, and dividends are expected to grow at an annual rate of 7 pe..
Preferred stock with an annual dividend : Preferred Products has issued preferred stock with an annual dividend of $5.90 that will be paid in perpetuity. A. If the discount rate is 10% at what price should the preferred sell? Current price? B. At what price should the stock sell 1 year from ..
Write the introduction to your proposal : Write the introduction to your proposal. Add the three physical development activities that you created in week two into the appropriate room in the template. Make sure to incorporate any instructor feedback
How many goods will china gain in seigniorage : Suppose that Japan (country a) and China (country b) do not have foreigncurrency controls in effect. The total demand for money is always 2,000 goods in Japanand 1,000 goods in China. The fiat money supplies are 100 yen in Japan and 300 RMB in China...

Reviews

Write a Review

Operation Management Questions & Answers

  Use to identify potential chemical hazards within facility

Identify at least 4 sources of information an industrial hygienist might use to identify potential chemical hazards within a facility. Discuss strategic and operational planning in an organization. When is each used? How do they differ? Consider the ..

  Define the process and technique of job design

Explain the process and technique of job design and job analysis.

  Which of the following is an inequality or equation

Which of the following is an inequality or equation that expresses a restriction in a mathematical model?

  What is the optimal order quantity for the inkjet cartridges

Suppose my office uses ten different kinds of inkjet printers, and as a result I need to maintain inventory of ten different types of ink cartridges. This is a large office, and the average demand for each type of cartridge is 15 cartridges per month..

  Retail companies such as walmart are heavy users of

retail companies like walmart are heavy users of strategic control systems. think about how it utilizes rfid technology

  What is the projected total annual return

The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. Risk-..

  Scope management in improving customer on team satisfaction

What, in your opinion is the role of Scope Management in improving customer on team satisfaction? How might the value of integrity add to the level of customer satisfaction? Where might you find the four components of Scope Management within the PMBO..

  Determine the ordering cost

A food processor uses approximately, 27,000 glass jars a month for its fruit juice product Because of storage limitations, a lot size of 4.000 jars has been used.

  Two brands of erp software to the executive

Provide an overview of two brands of ERP software to the executive.

  Total cost of moving the current order

Trucking company A says it will only charge 70 cents per ton per mile per widget to load on to a truck that holds 57,000 pounds. (Remember, it takes a lot of labor to load each truck!). What is the total cost of moving the current order of 20,250 ..

  Reason for which the good version improves

Select a topic for a survey. Write the topic/research you intend to pursue. Write at least 5 closed-ended questions that you might include in the survey. For each question, write one "good" version and one bad version of the question. For each poor q..

  Why is it difficult for labor negotiators to switch

Why is it difficult for labor negotiators to switch from traditional to integrative bargaining? What recommendations would you make for negotiators trying to make this switch

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd