What is the optimal order size

Assignment Help Business Management
Reference no: EM132328284

XYZ shop has a favorite model that has annual sales of 145. The cost to place an order to replenish inventory is $25 per order, and annual inventory holding cost per unit is $20. Assume the store is open 350 days per year.

a. What is the optimal order size?

b. What is the optimal number of orders per year?

c. What is the optimal number of days between orders?

d. What is the annual holding and setup cost?

Reference no: EM132328284

Questions Cloud

Charge of design and implementation : How you will steward the plan as the senior staff member in charge of its design and implementation?
What organizational change is all about : What organizational change is all about? What is organizational resistance to change? How you can manage the organizational change?
Develop the business case report with appropriate sections : MGMT20132 - Innovation and Sustainable Business Development Assignment, CQ University, Australia. Develop the business case report with appropriate sections
Prepare a detailed plan and discuss with your team : BS8PMG522 - Undertake project work-Victoria University-Australia-You are the project manager of ABC Company and John who is the owner of the Coffeeville café.
What is the optimal order size : The cost to place an order to replenish inventory is $25 per order, and annual inventory holding cost per unit is $20.
Outline mintzberg categorization of stakeholders : Outline Mintzberg's categorization of stakeholders. What is a shortcoming of this approach?
What do you define as effective leadership : What role does authority have in effective leadership? What role does power have in relationship with effective leadership?
Compare and contract leadership and management : Discuss a time when you witnessed or experienced effective leadership and effective management. What were the main differences in the situation?
Team progress through the four stages : Discuss a time when you were a member of a team in your organization. How did your team progress through the four stages?

Reviews

Write a Review

Business Management Questions & Answers

  What is shadow cost of equity

Shadow corp. has no debt but can borrow at 8%. the firm's WACC is currently 11% and the tax rate is 35%. i. What is shadow's cost of equity? ii. If the firm converts to 25% debt, what will its cost of equity be?

  Determine if the company should

The company has also determined that 25% of the fixed manufacturing overhead will still be incurred regardless if the company makes or buys the sheets. Compare the relevant costs to determine if the company should make or buy the carbon fiber shee..

  Give a succinct overview of your fictitious company

Imagine you work for a company that has recently merged with an overseas company. Write a brief introduction to your company as well as the company that was purchased. Then develop an eight to ten (8-10) point checklist detailing what steps you wo..

  Moral minimum approach to corporate social responsiblity

After studying about the Moral Minimum approach to Corporate social responsiblity, apply the moral minimum approach to the Pinto case study.

  Planning process including job analysis

1) All HR managers participate in the following activities EXCEPT: A. Training B. Hiring C. Developing D. Financing

  Future career in business is supported by research

What value to your future career in business is supported by research, analyasis and communication (writing and speaking)?

  Expenditure on intermediate goods

In your own words, explain why when using the expenditure methodfor determining GDP do we not include expenditure on intermediate goods, butwhen using the income method, we use the income of factors of production for bothintermediate and final goo..

  Two crashing problems and four earned value problems

In this homework assignment, you will be working through two crashing problems and four earned value problems. All the information you need is included within this Homework packet. Make sure you answer all parts of the questions in their entirety.

  How can the law distinguish between the two

Are there forms of nonunion employee representation that are good for employees? Bad for employees? How can the law distinguish between the two?

  Intellectual and grammatically correct fashion

Leadership assumptions - Who can write about these assumptions in an highly intellectual and grammatically correct fashion.

  Should elizabeth stay with her company

What would happen if it were 2 females in the romance (e.g. Elizabeth and Claudia), or two males? How would that be dealt with in the same organization?

  Seeking funding for your business venture

If you are seeking funding for your business venture, use this section to outline your requirements.

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