Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The local technology store WiredIn hired you to manage their inventory, which consists of 2 products configurations, type L and type J. Below are the data for the products. The holding cost is 24% of the unit costs. Product Type L Type J Demand per year 48000 (units) 72000 (units) Unit Cost $50 $85 Ordering Cost $125/order $125/order A. Use the economic order quantity model to determine the order size for both products. B. Calculate the total relevant cost associated with the EOQ calculated in part (A) C. Assume that the real ordering cost is $200 instead of $125. How large are the additional relevant costs incurred by the bad estimate of the ordering cost for Type J? D. If WiredIn chooses to order 1300 of Type L instead of the EOQ, calculate the percentage cost error of this order size. E. Calculate the best order quantity for Type J assuming that WiredIn gets a 40 percent discount on the entire order if they order more than 1500 units. F. Assume that each unit occupies 0.10 cubic foot of space, for which WiredIn figures it costs them $2 per year per cubic foot. Calculate the best order quantity under these circumstances for Type L (assuming no quantity discounts in this part of the question). G. One of the managers is trying to understand the reasons for the high cost of ordering. He wonders how low the ordering cost (A) must become for the EOQ to equal one unit. What is your response for Type L? (assuming no quantity discounts and no space costs)
determine whether outsourcing of the particular manufacturing operation makes financial sense
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
Which of the following is true? Once you complete the five steps, the process is complete. Another constraint will always appear when the original constraint is broken. De
1. What 'span of process' choices do you think have been made by the Graduate School of Business? Answer: Most core administrative processes are carried out by GSB staff; some,
Identify two ways that healthcare organizations perform marketing related data capture that do not violate any regulatory stipulations. Analyze and discuss how these might change
An infinite line charge produces a field of 9 × 104 N/C at a distance of 2 cm. Calculate the linear charge density
What are some of the advantages and disadvantages of ethical relativism as an ethical philosophy for business managers? Do you agree with the basic "relativism" rationale justifyin
Product contamination is a catastrophic event, both for the organization at fault and for the victims. Cases of product contamination frequently make the news. Find an example o
Recently the managers for a large retail department store stated that a study has revealed that female shoppers spend on average 23.5 minutes longer in the store per visit than do
Which do you think would be more effective for shaping long-term ethical behaviour in an organization: a written code of ethics combined with ethics training or strong ethical lead
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd