Leaky? pipe''s optimal order quantity is how many

Assignment Help Operation Management

Reference no: EM131441708

Leaky? Pipe, a local retailer of plumbing? supplies, faces demand for one of its SKUs at a constant rate of 20,400 units per year. It costs Leaky Pipe ?$8 to process an order to replenish stock and $5.00 per unit per year to carry the item in stock. Stock is received 2 working days after an order is placed. No backordering is allowed. Assume 250 working days a year.

a. Leaky? Pipe's optimal order quantity is how many units. ?(Enter your response rounded to the nearest whole? number.)

Reference no: EM131441708

Questions Cloud

Psychological influences are internal factors : Psychological influences are internal factors that influence people's behavior as consumers. However, these internal factors are affected by outside social forces. What is it that allows us to select which inputs will reach our awareness?

Generic strategies-overall cost leadership-ifferentiation : Explain why the concept of competitive advantage is central to the study of strategic management. Briefly describe the three generic strategies—overall cost leadership, differentiation, and focus.

What is res ipsa loquitor : How might you use the concept selection method to decide whether to offer a single product to the marketplace or to offer several different product options? What is Res Ipsa Loquitor. Why is this doctrine so important to health care practitioners and..

The two categories into which capabilities may be classified : The two categories into which capabilities may be classified are:

Leaky? pipe''s optimal order quantity is how many : Leaky? Pipe, a local retailer of plumbing? supplies, faces demand for one of its SKUs at a constant rate of 20,400 units per year. It costs Leaky Pipe ?$8 to process an order to replenish stock and $5.00 per unit per year to carry the item in stock. ..

Imagine an interactive computer tool : Can you imagine an interactive computer tool that would allow a large group (say, 20 or more people) to participate in the concept selection process? How might such a tool work?

Strategic plan to the board is just formality most of time : If presenting the strategic plan to the board is just a formality most of the time, why do you think organizations still go through this step of the process? Explain to me the benefits that this would offer.

Regarding amount of interest she would be required to pay : Penny purchased $3,000 worth of furniture from Bob's Furniture Shop. Through an arrangement with Bob, Penny financed the purchase through a financing company called Let Us Help You. Twenty-nine days after the goods were delivered to her, Penny had a ..

What are some short-term-long-term possibilities for empl : What are some short-term and long-term possibilities for employees that would benefit from more flexible work schedules or family-friendly human resource practices?

User Account

All Pages