What is the economic order quantity for this product

Assignment Help Operation Management
Reference no: EM13970606

The winter company sells 8640 industrial pumps each year. each of pumps has a bulit-in filter that winter purchases from a supplier. it costs winter $20 to place an order for these filters and $1.50 per unit to hold them in inventory

A) what is the economic order quantity for this product?

B) what is the total annual cost with this EOQ

Reference no: EM13970606

Questions Cloud

Formulate the linear programming equations : Jim Jones manufacturer’s inexpensive set-it-up-yourself furniture for students. He currently makes two products- bookcase and tables. Each bookcases and contributes $6 and each table contributes $7 towards profit. Formulate the linear programming equ..
Start of each time period to minimize total staff required : The famous Y.S. Chang Restaurant is open 24 hours a day. Waiter and busboys report for duty at 3 am, 7am, 11am, 3pm, 7pm, or 11pm, and each works an 8-hour shift. The following table shows the minimum number of workers needed during the six periods i..
The opt-in statement : Assume you are working for a company that sells music online. The marketing department would like to send e-mails to customers who have purchased music  from the Web site. These e-mails would use information about the genres of music customers have p..
Advertising regulation on the internet : Research and apply the content from recent articles about Advertising Regulation on the Internet. Write a minimum of 3 to 5 pages for the body of the research paper discussing your viewpoint on the topic.
What is the economic order quantity for this product : The winter company sells 8640 industrial pumps each year. each of pumps has a bulit-in filter that winter purchases from a supplier. it costs winter $20 to place an order for these filters and $1.50 per unit to hold them in inventory. what is the eco..
Skills integrate with the critical skills selected : Of the 9 skills listed above, select 4 skills you feel are most critical for facility manager. Develop at least 2 well written reasons for each of the 4 skills. How do remaining 5 skills integrate with the 4 critical skills selected above?
Find minimum of one library source-communication techniques : Research your chosen company.(Kaiser Permenete). Find a minimum of one library source, which will support your thesis in this assignment. Review your assigned weekly lecture and text reading. Describe both the formal and informal communication method..
Below is the four rights of users of information systems : Below is the four rights of users of information systems.
Textile immediately sends back written invoice : Royal Hotel Inc. orally orders 100 standard sets of sheets from Textile Inc. for a price of $500. Textile immediately sends back a written invoice with the details of the conversation. Royal and Textile

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate what is the value of coefficient of determination

If you were going to use multiple regressions to develop such a model, illustrate what other quantities variables might you comprise. Illustrate what is the value of the coefficient of determination in this problem.

  Identify each stage of the decision-making process

Identify each stage of the decision-making process. Describe an example of a strategy used by an organization to influence a purchase decision at each stage. Use examples from one or more products or services to support your answers.

  Clearly describe robert nardelli''s leadership style

Clearly describe Robert Nardelli's leadership style in terms of Leadership Theory, incorporating the following theories :

  The accounts payable figure includes

The Accounts Payable figure includes $10,000 in wages earned by the company's 12 employees during May. No one earned more than $2,200.

  Develop a strong talent management program

Develop a strong talent management program globally to develop and retain talent that you have been losing to competitors and downsizing. Discuss the strategies that you might use in addressing both goals.

  Explain in detail how two other factors specific

explain in detail how two other factors specific to this company might make it difficult to evaluate the financial impact of this strategy.

  Good and bad faith bargaining might be easier to define

Good and bad faith bargaining might be easier to define than implement. Discuss different types of evidence that might be used to prove or disprove a charge of bad faith bargaining.

  How integrating self-leadership into your goal setting

Extend your learning by setting SMART goals and integrating self-leadership into your goal setting. According to Fowler, Blanchard, and Hawkins in Self-leadership and the One Minute Manager, a self-leader is a person

  Describe how many are expected to be sold during the year

The line graph for projected monthly sales at Juan's Records shows a steady increase or 5 albums per month during the year. In January, 100 albums were sold. Describe how many are expected to be sold during the year.

  Explain the cleanliness and atmosphere of final project

First, select an independent restaurant located in California (fast food, fast casual restaurant, casual dining restaurant or buffet restaurant) and dine in the restaurant.

  Differentiated or commodity

In the company Apple, What are the dominant economic & marketing features of the industry? Differentiated or commodity?

  Explain the different approaches to social responsibility

Briefly explain the four different approaches to social responsibility that an organization can adopt. What are the advantages and disadvantages for a US based company entering a mature market economy?

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