What are the economic order quantity and cycle length

Assignment Help Finance Basics

Reference no: EM131410268

The demand for an item is constant at 100 units a year. Unit cost is £50, the cost of processing an order is £20 and holding cost is £10 a unit a year. What are the economic order quantity, cycle length and costs?

Reference no: EM131410268

Questions Cloud

Describe what you feel will be one or two key economic issue : USA. Describe what you feel will be one or two key economic and social issues to be debated at the 2016 Presidential elections in the United States.

What is the reorder level for a 98% cycleservice level : What reorder level should the company use for an item that has a Normally distributed demand with mean of 1,000 units a week and standard deviation of 100 units? What is the reorder level for a 98% cycleservice level?

Find the optimal order quantity for the part : Find the optimal order quantity for the part, the time between orders and the minimum cost of stocking the part.

Review of literature topics with key theme for each one : Lists primary points for four sections in the Literature Review: (a) Background of the problem/gap and the need for the study based on citations from the literature; (b) Theoretical foundations (models and theories to be foundation for study); (c)..

What are the economic order quantity and cycle length : The demand for an item is constant at 100 units a year. Unit cost is £50, the cost of processing an order is £20 and holding cost is £10 a unit a year. What are the economic order quantity, cycle length and costs?

Explain the role of the president in foreign policy-making : Explain the role of the president in foreign policy-making to place the example in context. Describe the example of presidential leadership precisely, including words and deeds.

What can be done to improve these products : Despite the attention paid to quality management, many products still do not meet acceptable standards. Give some examples of products that you think are unsatisfactory. Why is this? What can be done to improve these products?

Compare to your weight on the smaller planet : There are two planets. The larger planet has a radius four times as large as the smaller planet, but is only one-half as massive as the smaller planet. How would your weight on the larger planet compare to your weight on the smaller planet? Choose..

When you mention an agency please say why they were involved : Which agencies were involved BEFORE the President gave the order for the raid? Which Agencies were involved AFTER the order was given? When you mention an agency please say why they were involved?

User Account

All Pages