Maintenance cost to minimize the variable cost of inventory

Assignment Help Operation Management
Reference no: EM131630316

65 containers per month are required in one factory. The cost of ordering is $ 48. If the amount is 25, what is the unit annual maintenance cost to minimize the variable cost of the inventory? Use two decimals for your answer.

Reference no: EM131630316

Questions Cloud

Distinguishing factors in philosophy of care for home health : What are the distinguishing factors in the philosophy of care for home health, physician-ordered care,
Explain how the riots impacted the civil rights movement : Explain how the riots impacted the civil rights movement and, in particular, the organizing and self-defining of gay and lesbian Americans.
What actions can be taken to reduce the given risks : You began operating a small general electric contracting company two years ago. Originally, it was just you and your cousin, but it has grown to five licensed.
What would happen if we just banned lobbying altogether : What would happen if we just banned lobbying altogether? Remember, it isn't just polarizing interest groups out there.
Maintenance cost to minimize the variable cost of inventory : what is the unit annual maintenance cost to minimize the variable cost of the inventory?
Analyze three strategies that each of the two empires : analyze three strategies that each of the two empires attempted to pursue in order to create, expand
Discuss the factors that influence political socialization : Factors that influence political socialization are education levels, socio-economic status, religion, race, gender, and region.
Provide a comprehensive answer using your reading : In 250 words, provide a comprehensive answer using your reading, knowledge and experience for this Discussion Question.
What are some of the advantages of such a move : The information systems support organization of your firm is keen to migrate all employees from whatever operating system they have now (mostly Windows 8).

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