Calculate the economic order quantity, Operation Management

Assignment Help:

A local nursery greens uses 1560 bags of plant food annually. Green works 52 weeks per year. It costs $10 to place an order for plant food. The annual holding cost rate is $5 per bag. Lead time is one week.

(a) Calculate the economic order quantiyu
(b) Calculate the total annual costs
(c) Determine the reorder point


Related Discussions:- Calculate the economic order quantity

Explain cango is looking at ways to grow its business, CanGo is looking at ...

CanGo is looking at ways to grow its business. How should they approach the decision on how to do it?

Explain important to understand the categorical imperative, Duty is the pri...

Duty is the primary view of this ethical position. It will be important to understand the categorical Imperative and that reason or rational thought must drive this theory. As you

Aspects of operation strategy, Aspects of Operation Strategy There ar...

Aspects of Operation Strategy There are three levels of strategy hierarchy illustrated in the following table: Van der Heijden (1997) suggests that there are three sc

Explain a difference between ethics and business ethics, Is there a differe...

Is there a difference between ethics and business ethics?

Explain what is an interim plan, Answer the following questions: 1) ...

Answer the following questions: 1) What is the difference between a task dependency and a task constraint? 2) Give a real-world situation when you might used the foll

Describe fixed-order quantity total cost, Which of the following is the set...

Which of the following is the set of all cost components that make up the fixed-order quantity total cost (TC) function? Answer a. Annual holding cost, annual ordering cost,

Explain how can efficiency of purchasing processes, How can efficiency of p...

How can efficiency of purchasing processes be improved?

Search a financial analysis report of coca-cola, Where can I find a financi...

Where can I find a financial analysis report of coca-cola for the past 5 years. I stress full financial analysis for the past 5years.

Combination layout, Discuss the concept of combination layout

Discuss the concept of combination layout

Explain why is it important to try to fill in the gaps, When interviewing, ...

When interviewing, why is it important to try to fill in the gaps in a candidate's employment history?

Write Your Message!

Captcha
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