User Account

All Pages

Recommendation with numerical analysis

Assignment Help Operation Management
Reference no: EM131330677

Abigail's Auto Repair uses 500 oil filters every month. Abigail has just taken a course in supply chain management, and as a result has solicited two new suppliers for these packs, with the following price structures:

Supplier A

Supplier B

Quantity

Unit Price

Quantity

Unit Price

1-299

$9.00

1-299

$9.50

300-599

  8.00

300-449

  8.50

600+

   7.00

 450+

  7.00

Using either supplier, Abigail pays $20 to place an order, and annual holding cost is 20% of purchase price. Which supplier should be chosen, at what order quantity? What will be the total cost? Support your recommendation with numerical analysis.

Remember to show your calculations in order to receive full credit!

Reference no: EM131330677

Questions Cloud

Development of a culture of safety : These three steps: commitment by leadership, development of a culture of safety, and the use of process improvement tools, are the core recommendations made by Dr. Chassin, the president of The Joint Commission and the president of the Joint Commi..
Another possibility is to hire two additional workers : Another possibility is to hire two additional workers, and form two teams (of two people each) which would work in parallel (at the original rate). So two truckloads could be processed at the same time.
What is the companys quick ratio and meaning : What is the company's P/E ratio? Meaning? What is the company's debt-to-equity ratio? Meaning? What is the company's current ratio? Meaning? What is the company's quick ratio? Meaning? What is the company's EPS? Meaning?
Product or service to an international market : Our topic: When expanding a product or service to an international market, language/translation and cultural snafus can occur. Provide several examples of these occurrences. What would have done differently
Recommendation with numerical analysis : Using either supplier, Abigail pays $20 to place an order, and annual holding cost is 20% of purchase price. Which supplier should be chosen, at what order quantity? What will be the total cost? Support your recommendation with numerical analysis...
What laws currently protect it in united states and europe : What is intellectual property (IP)? Is it afforded the same protection in every country of the world? What laws currently protect it in the United States and Europe?
Analyze the framework of a strategic plan : Determine the potential barriers you anticipate and how you plan on overcoming them.Create a plan for communicating your plan to all the organization's employees.Describe market entry strategy and the procedure you plan on using to implement your str..
One of four existing supermarkets : a. If Sonny chooses the warehouse location to be adjacent to one of his four existing supermarkets, near which supermarket should he locate in order to minimize cost?
What are the primary examples of public law : Which law amended the Computer Fraud and Abuse Act of 1986, and what did it change?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd