Explain average inventory level, Operation Management

Assignment Help:

1. Custom Computers, Inc. assembles custom home computer systems. The fan assemblies needed are bought for $24 each and are ordered in quantities of 1500 units. Annual demand is 7500 fan assemblies, the annual inventory holding cost rate is $4 per unit, and the cost to place an order is estimated to be $60. Calculate the following-

a. Average inventory level

b. The number of orders placed per year

c. The total annual inventory holding cost

d. The total annual ordering cost

e. The total annual cost


Related Discussions:- Explain average inventory level

Examples of productivity measures, Examples of Productivity Measures  ...

Examples of Productivity Measures  Sales ($)/labour costs ($)  Sales ($)/pay ($)  Total value of sales (billed) ($)/labour costs($) + investment ($)  Sales/salespeopl

Explain what forecast is the most accurate, Data collected on the monthly d...

Data collected on the monthly demand for lawn mower at Azaka Gaarden Supply are shown in the following table Period Demand for lawn mower January 10 February 12 March 18 April 16 M

Explain what is the consumer research, What is the consumer research behind...

What is the consumer research behind the growth of Toyota and the brand strategy they have in place? Discuss the brand strength behind Toyota. It is recommended to include the cons

Explain what is corporate governance, What is corporate governance? What ro...

What is corporate governance? What role does corporate governance play in strategic planning? Why is it important? Explain your answer and provide an example.

Compute number of workers needed for each department, Calculate number of w...

Calculate number of workers needed for each department to produce 2000 units per day and complete the table below to assist you in answering questions e.)è?j.). (e) What is the tot

Explain what is strategic human resources management, What is Strategic Hum...

What is Strategic Human Resources Management and how does it link the people with the strategic needs of the business?

Describe what the customer''s expectations, Explain what the customer's exp...

Explain what the customer's expectations are concerning the salesperson's attitude toward competition

Explain type signals responding to obstacles, What type of signals are casu...

What type of signals are casued as a result of signals responding to obstacles in their paths? a. spread spectrum b. narrowband c. multipath d. broadband

What are the types of the workforce flexibility, What are the types of the ...

What are the types of the workforce flexibility? Types of workforce flexibility: a. Functional flexibility (task flexibility or multi-skilled employees) b. Financial f

Explain what do your contingency plan, What do your contingency plan in cas...

What do your contingency plan in case your plan of action doesn't work?

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