What is the economic order? quantity

Assignment Help Operation Management
Reference no: EM132244244

If D=8.200 per month, S= $43 per order, and H= $1.50 per unit per month,

?a) What is the economic order? quantity? The EOQ is units (round your response to the nearest whole? number).

b) How does your answer change if the holding cost? doubles? The EOQ is units(round your response to the nearest whole? number).

c) What if the holding cost drops in? half?? The EOQ is units (round your response to the nearest whole? number).

Reference no: EM132244244

Questions Cloud

Conduct research to determine three types of computer crime : Conduct research to determine three types of computer crime. Please provide a detailed description for all crimes.
Tencent has become one of the biggest m-commerce : Discuss of Tencent Holdings Limited Tencent has become one of the biggest M-Commerce in China, biggest gaming company in the world,
Role in the hiring process : Next discuss your thoughts on workplace testing and it's role in the hiring process. Do you feel this is a fair hiring practice? Why or why not?
Were you able to see this malware at both vendors : Using a web browser, perform some research on a newer malware variant that has been reported by a major malware containment vendor.
What is the economic order? quantity : b) How does your answer change if the holding cost? doubles? What is the economic order? quantity?
North american free trade agreement : The North American Free Trade Agreement (NAFTA) went into effect on January 1, 1994. This sweeping agreement is designed to open the borders separating Canada
Responsible for marketing and buying inventory : Zach and Tasia operate YELLOW GOODS, a distributor of Swiss cheese. Zach is responsible for marketing and buying inventory.
How do warranties and guarantees act as signals : How do warranties and guarantees act as signals? What economic information problem might they address? (p. 457 #2)
Did the company have just cause to dismiss the grievant : Did the Company have just cause to dismiss the grievant for violating safety rules when in each instance cited, the truck was out of gear with the safety brake.

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!

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