Operations management-model assumption

Assignment Help Operation Management
Reference no: EM131030004

Operations Management (10th edition) A store faces demand for one of it popular at a constant rate of 9,000 units per year. It costs the store $120 to process an order to replenish stock and $30 per unit per year to carry the item in inventory. A shipment from the supplier is typically received 14 working days after and order is placed. The store buys the product for $130 per unit and sells it for $210 per unit. A the moment the store uses an order quantity of 900 units. Assume model assumption are satisfied and 300 days a year

Reference no: EM131030004

Questions Cloud

Opportunity to apply principles : After engaging in a dialogue with your colleagues on valuation, you will now be given an opportunity to apply principles that were presented in this phase.
What are special communication issues facing single parents : What are some of the special communication issues facing single parents? How can these issues be handled most constructively? Use the text plus 2 other sources to support your response.
Discussion and reflective thinking : Describe how a strike by the Teamsters against UPS would affect that company's various stakeholders. Would the current political landscape make a difference? Explain. Union membership has been declining in the U.S. private sector for many years. What..
Forecasts are better than they really-decision-making bias : Audrey tends to believe that her forecasts are better than they really are. This illustrates a? decision-making bias known as? ________.
Operations management-model assumption : Operations Management (10th edition) A store faces demand for one of it popular at a constant rate of 9,000 units per year. It costs the store $120 to process an order to replenish stock and $30 per unit per year to carry the item in inventory. The s..
Defining and understanding a process : Analysis of the process - Process Mapping, A process map is a tool that aids in defining and understanding a process. It is helpful to represent the path which one is used to produce an output
Give an overview of the delta pacific case study : Give an overview of the Delta Pacific case study, listing at least three key takeaways of what you gleaned from the study. Share two separate contingency models that could be used to affect the organizational change and share which model you plan ..
Write essay for tenth annual creative writing prose contest : Write an essay for 10th Annual Creative Writing Prose Contest. Submit one work of fiction or narrative non-fiction. A maximum of 1.000 words. typed double spaced. 12-point standard font.
Does the current level of customer satisfaction differ : Does the current level of customer satisfaction differ from management's goal of 6 out of 10? Is there any difference between the satisfaction of male and female customers with the response time of the CompleteCare division

Reviews

Write a Review

Operation Management Questions & Answers

  Why does effective management diversity make good business

why dose the effective management of diversity make good business senes ?

  Why do all managers and supervisors need

Why do all managers and supervisors need to have knowledge and skills related to Human Resource management?

  Discussion of the types of secondary data

A discussion of the types of secondary data you could use to test your hypothesis, and why this data would be useful. If secondary data would not be appropriate, please explain why.

  Comparing actual versus planned schedule performance

Following are cost and schedule data for a project that is underway. a) Using the cost data in the cost table above, create a cumulative cost curve comparing actual versus planned costs b) Using the schedule data in the schedule table above, create a..

  Develop the activity schedule for the project

Develop the activity schedule for the project. Does it appear reasonable that construction of the athletic complex could begin one year after the decision to begin the project with the site survey and initial design plans?

  How should firm in that product category adapt their product

What new competitors, if any, will emerge for it? How should a firm in that product category adapt their product to anticipate the impact on these changes?

  Define organizational behavior

Identify a workplace where you have been employed or a workplace you have observed in some capacity. Define organizational behavior (OB); then, discuss the aspects of the organization and the OB you observed in this workplace setting. Did the OB infl..

  As a university student your institutions social principles

as a university student your institutions social principles and practices reflect on you as a stakeholder in the

  Various types of time-series-associative forecasting models

Describe the various types of time-series and associative forecasting models. Which types of organizations are each of these most applicable to and why?

  Factors that motivate company to set up foreign operation

What are the positive and negative impact of tariffs. Give a specific example of each. What are at least three factors that would motivate a company to set up a foreign operation.

  What type of forecasting method would be appropriate

Describe the business operation you are considering for the forecast and scheduling of your expansion. What type of forecasting method would be appropriate for the company and the product or service selected? Why

  What is the role of an institutional review board

What is the role of an Institutional Review Board (IRB)? How does an IRB protect the rights of human subjects participating in research?

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