Supplier incurs an annual holding cost

Assignment Help Business Management

Reference no: EM132100351

A supplier to Toyota stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. This changeover currently takes four hours. The supplier estimates that each hour spent on the changeover costs $250. Demand for parts is 1,000 per month. Each part costs the supplier $100, and the supplier incurs an annual holding cost of 25%.

Reference no: EM132100351

Questions Cloud

Profits after quality improvement strategy : Profits after quality improvement strategy. With organizations to run and big orders to fill, why is it not a good practice to sacrifice quality for quantity?

What was the balance in finished goods inventory : Test Systems manufactures automated testing equipment. What was the balance in Finished Goods inventory at the end of January

Discuss the role of professional organizations : Discuss the role of "professional organizations" in the development of clinical psychology. What roles do such organizations play for the profession today?

Impact analysis of the potential market : An Analysis and asessment of the international business and electronic commerce market A risk and impact analysis of the potential market.

Supplier incurs an annual holding cost : Demand for parts is 1,000 per month. Each part costs the supplier $100, and the supplier incurs an annual holding cost of 25%.

How theoretical orientation relates to your treatment plan : For the client that you described in question 1, create a detailed treatment plan that includes goals, steps towards the goals, and action plans for your client

What is the amount of net accounts receivable : The company sold merchandise to Bruce Willis for $3,600 and later received $1,200 from Willis. What is the amount of net accounts receivable

Provide current quality improvement data : Based on the information gathered, you will provide current quality improvement data and make recommendation for improvements.

Discuss the stages in the product life cycle : Discuss the stages in the product life cycle. Use a product to explain how it would (or has) progressed through the stages.

User Account

All Pages