How many tires should rocky mountains tire order

Assignment Help Operation Management

Reference no: EM132144177

Rocky Mountain Tire Center sells 9,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 50% of the purchace price of the tires per year. The purchase price is $24 per tire if fewer than 200 tires are ordered, $18 per tire is 200 or more - but fewer than 5000 - tires are ordered and $15 per tire if 5,000 or more tires are ordered. a. How many tires should Rocky Mountains tire order each time it time it places an order? b. What is the total cost of this policy?

Reference no: EM132144177

Questions Cloud

Develop a forecast model for sales through operating income : Develop a forecast model for sales through operating income. Create the forecast in Excel. In a Word document, describe the set of assumptions (ratios) you used

Discuss the efforts of ics-cert to stuxnet threat : Discuss the efforts of ICS-CERT specifically to Stuxnet threat & examine its incident response efforts to mitigate this risk against U.S. industrial system.

What is the probability of a patient in the clinic : 1) What is the probability of a patient in the clinic having lung cancer given they are a smoker?

What are your marginal costs for each customer load level : Suppose your company runs a shuttle business of a hotel to and from the local airport. The costs for different customer loads are.

How many tires should rocky mountains tire order : How many tires should Rocky Mountains tire order each time it time it places an order? What is the total cost of this policy?

Organizations faces today in marketing-finance : What are the challenges this organizations faces today in marketing, finance, organizational behavior?

Potential for distortion and possible manipulation : Discuss the uncontrollable risk, potential for distortion and possible manipulation. Would you call each measure narrow or broad?

Identify what is the passengers dominant strategy : Explain how Southwest Airlines used the game theory approach to increase its profits. What is the outcome of the game involving early-bird check-in?

How you will conduct risk analysis of return to work program : Describe how you will conduct a risk analysis of the return to work program

User Account

All Pages