Explain should wang take the quantity discount, Operation Management

Assignment Help:

Wang Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Wang is $400. Carrying cost is estimated to be 20% of the unit costs, and the ordering is $25 per order. If Ping Wang, the owner, orders in quantities of 300 or more, he can get a 5% discount on the cost of the detectors. Should Wang take the quantity discount?


Related Discussions:- Explain should wang take the quantity discount

Why management scientist to find the optimal solution, Dinoco produces thre...

Dinoco produces three types of oil products: domestic oil, petrol for car and aviation fuel. Each product must meet the minimum average octane regulation. The average octane levels

Explain the firm terminates steven, Last month, Steven Smith was hired as t...

Last month, Steven Smith was hired as the secretary for lawyer Wayne Wright, who has a drinking problem. Wayne's last secretary quit when Wayne tried to get her to go out with him

Explain methods companies use to train their employees, 1. What is the sequ...

1. What is the sequence of steps that should occur before you are hired for a full-time position ? 2. Describe the types of methods companies use to train their employees. 3.

Variations in Customer Contact - The Service Process Matrix, Variations in ...

Variations in Customer Contact - The Service Process Matrix The classification schemes so far discussed are 'one-dimensional' and do not adequately reflect the great diversity

Explain the impact of the solicitation process, Describe the impact of the ...

Describe the impact of the solicitation process and how it determines the preparation of your bid.

Explain objectives and applicability of Factories Act 1948, Explain objecti...

Explain objectives and applicability of Factories Act 1948 . Objectives and Applicability: The Factories Act controls the conditions of work (health and safety) in factories

Explain straight-line depreciation, The expected average rate of return for...

The expected average rate of return for a proposed investment of $500,000 in a fixed asset with a useful life of four years, straight-line depreciation, no residual value, and an e

Explain communication is a two-way process, Communication is a two-way proc...

Communication is a two-way process. Communication is a series of loops. A message must be sent and the message must be received. However, the message must also be understood and ac

Explain silicon border play a role in mexico hi tech, How can Silicon borde...

How can Silicon border play a role in Mexico Hi tech manufacturing for US companies and the US market?

Function of dispatching, Function of Dispatching Under dispatching the ...

Function of Dispatching Under dispatching the following functions are included: 1. Assignment of work to individual machines or work places and men, 2. Movement of materi

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