How many units does he order at time

Assignment Help Operation Management
Reference no: EM132245273

Tom bergan, owner and operator of the earplug surplus store, is reving the costs associated with the stores best selling hearing aid, the bz125. The data available to MR Bergman concerning this device follow, Demand = 25 units/week, Ordercost= 6$/order, Holding cost= = $2/unit/year. The Earplug Superstore operates 52 weeks a year.

Use the information in Scenario 9.3. If Tom orders at the economic order quantity, how many units does he order at a time?

Less than or equal to 75 units

Greater than 75 but less than or equal to 150 units

Greater than 150 but less than or equal to 250 units

Greater than 250 units

Reference no: EM132245273

Questions Cloud

Identify whether each partys interpretation is reasonable : Identify each party's interpretation of the contract language. Identify whether each party's interpretation is reasonable.
Describe one of the deming and juran approaches : Describe one of the Deming and Juran approaches to quality improvement and how its use might affect a company. What would be some of the advantages?
Forecast is correct about the six-month libor rate : What is your expected profit if your forecast is correct about the six-month LIBOR rate?
What is acme operating income : Acme Pest Control has sales of $13,500, cost of goods sold of $4,000, selling expenses of $3,500, depreciation of $2,000, interest expense of $2,000
How many units does he order at time : Use the information in Scenario 9.3. If Tom orders at the economic order quantity, how many units does he order at a time?
Which location provides polaris the greatest advantage : Read the Polaris Industries Inc.: Global Plant Location case (p. 449) study in your course text. For your Group Discussion this week, do the following.
Information technology of non-profit organization : Describe how you would develop a plan for Information Technology of non-profit organization? What needs to be considered?
Employer ability to access applicant criminal record : How can employer’s ability to access an applicant’s criminal record and social media history be ethically justified?
What are the three biggest risks the firm faces : Explain how the business risks differ between traditional tax and audit services and management consulting services. In your opinion, what are the three biggest

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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