Determine relevant total average cost per week, Marketing Management

Assignment Help:

A bank uses a certain form at a uniform rate of 60 pads per week. During each of the 52 weeks per year it is in operation. Every replenishment order it places is delivered at one time. No minimum inventory is carried. The cost of placing and receiving of an order is Rs 15. The purchase price is Rs 2/pad. The inventory of carrying cost in term of an amount paid per pad is estimated to be 25% of the unit price. The lead time is 3 weeks. With the use of the given data the calculated value of the EOQ determine the following:

(i) Reorder point

(ii) Maximum inventory

(iii) Average inventory

(iv) Average no of orders per week

(v) Average order cost per week

(vi) Relevant total average cost per week

(vii) Relevant total average cost per year


Related Discussions:- Determine relevant total average cost per week

What is product research in scope of marketing research, What is Product Re...

What is Product Research in scope of Marketing Research? Product Research: Product research is related with the conversion of customer require to tangible product offer.

What is the role of market intermediaries, What is the role of market inter...

What is the role of market intermediaries? Marketing Intermediaries: Marketing Intermediaries Firms which help the company to promote sell and distribute its goods to la

Test marketing, Mm - wht is test mktg? Explain various approaches that are...

Mm - wht is test mktg? Explain various approaches that are followed by FMCG co. in test mktg

What are facilitating participants of distribution channels, What are the f...

What are the facilitating participants of distribution channels? Facilitating Participants: Financial Institutions: Financial institutions give the essential finances

Assignment help, Give a success story of marketing a goods in which a suppl...

Give a success story of marketing a goods in which a supplier has been dependable.

Assignment, How should price be set on a product or service for the first t...

How should price be set on a product or service for the first time?

Explain about facet model, Question: A facet model has been derived for...

Question: A facet model has been derived for an effective advertising. It consists of six modes namely Perception, Cognition, Affective, Association, Persuasion and Behaviour.

Acquisition valuation - punch products, Punch Products (PP) is a regional p...

Punch Products (PP) is a regional producer of soft drinks and sells mainly in the states of Kansas, Oklahoma, and Texas. Three years ago, in 2009, it made the decision to diversify

MARKETING, An art that predicts the likelihood of economic activity on the ...

An art that predicts the likelihood of economic activity on the basis of certain assumptions: a. Compensation b. Sales forecasting c. Sales budgeting d. Selling policy

What is time utility in marketing, What is Time Utility in marketing? ...

What is Time Utility in marketing? Time Utility: Marketers give time utility to their customers by giving their products while the customer wants them. For instance, Aut

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