Using the fixed-order quantity model

Assignment Help Project Management
Reference no: EM1392104

Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units, a cost per order of $80 and a holding cost per unit per year of $4?

A) $849
B) $1,200
C) $1,889
D) $2,267
E) $2,400

Reference no: EM1392104

Questions Cloud

Process of viral replication : Explain the process of viral replication; discuss both normal and retroviruses, and comment on the implications of this process for genetic engineering.
Students arrive at the student services counter : Students arrive at the student services counter at an average of one every 15 minutes. Each request takes on average 12 minutes to be processed.
Explain how to construct stock solutions : Biochemists make stock solutions of reagents and use them to make working concentrations of buffers. Explain how to construct these stock solutions. You decide on the final volumes and show your calculations
Why nonverbal communication are different in relationships : Call to mind three relational partners you presently have: a friend, a coworker or classmate, and romantic interest. What aspects of your nonverbal communication are different in each of these relationships?
Using the fixed-order quantity model : Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units
Statistics-normal distribution-word problem : An aptitude test is designed to measure leadership abilities of the test subjects. Suppose that the scores on the test are normally distributed with a mean of 580 and a standard deviation of 120.
Arteriosclerosis impact on blood flow : Arteriosclerosis is focus of this question, address the condition and it's impact on blood flow through the carotid arteries and tell me more about arteriosclerosis
Six sigma computation-interpretations : To what probabilities do each of the following sigma levels correspond to, based on a standard normal curve: 3 sigma, 4sigma, 5 sigma, and 6 sigma? (Hint: Use the NORMSDIST function in Excel.
Fixed-order quantity inventory model : A company is planning for its financing needs and uses the basic fixed-order quantity inventory model. Which of the following is the total cost (TC) of the inventory given an annual demand of 10,000

Reviews

Write a Review

Project Management Questions & Answers

  Explain what is the mean absolute deviation

A certain forecasting method would procuse the forecast show in the bottom row for the last four months, as compared to actual demand in the same four months as shown in the middle row and What is the Mean Absolute deviation?

  Replenishing an atm by bank

How much cash should the bank keep at an ATM if its annual cost of money is 10%? How often should the bank replenish an ATM?

  Explain the six methods for estimating task duration

Explain the six methods for estimating task duration and show how each method affects the accuracy of task duration estimates.

  Differences of profit objective

Explain what you think are the differences of profit objective between a defence contractor and an educational institution. Give examples and reasons for your choices.

  Due to a down-turn in the economy

Due to a down-turn in the economy, your company has been experiencing financial losses in revenue. You have been asked to put together a team that will find 3-5 low-cost or no-cost ways to resource costs by 25% for your company's main product line

  Team process involved as in building the wbs

Explain how do you get started and what methods help in scheduling? Is there the same kind of team process involved as in building the WBS?

  Lifelong dream of opening your own business

After having spent 11 years working for a large Canadian bank as an account officer in central Vancouver, you have decided to pursue your lifelong dream of opening your own business with your brother

  Evaluate progress and performance, and to control project

How can the project baseline and the earned value approach for variance analysis be used to monitor and report project progress?

  The owner of a pizza place is considering a new oven

the owner of a pizza place is considering a new oven in which to bake the pizzas. Oven type A can handle 25 pizzas per hour. the fixed costs associated with oven A

  Production system was that total daily output

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours

  Most important level of quality and why

Which is the most important - which do you consider to be the most important level of quality and why?

  Checklist versus weighted factor method of selecting project

Show the pros and cons of the checklist versus the weighted factor method of selecting projects - Important information about checklist versus the weighted factor method

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