Explain what is the time between orders, Operation Management

Assignment Help:

The current order quantity for Paul's Pasta Pinwheels is 200 boxes. The order cost is $4 per order, the holding cost is $0.40 per box per year, and the annual demand is 500 boxes per year.

Calculate the annual holding cost plus the annual ordering cost to get the total annual cost when using an order quantity of 200 boxes.

Calculate the EOQ and the total annual cost for this order quantity.

Hartenstein, Griffith, and Hult, attorneys at law, do a great deal of printing. The firm uses a single type of printer with annual demand for print cartridges of 480 per year. The order cost is $15 per order and the carry cost is 20 percent per cartridge per year of the purchase cost of $35 per cartridge.

How many print cartridges should the firm order at one time?

What is the time between orders?


Related Discussions:- Explain what is the time between orders

Explain manager of a production department, Suppose that you are the manage...

Suppose that you are the manager of a production department that uses 400 boxes of rivets per year. The supplier quotes you a price of $8.50 per box for an order size of 199 boxes

Type of process technologies - continuous of flow production, Type of Proce...

Type of Process Technologies - Continuous of Flow Production Continuous of Flow Production: Batch methods are characterized by the irregularity in the way the work is carried

Location, How to find the total distance using Euclidean distance formula

How to find the total distance using Euclidean distance formula

Concept of trade off in business strategy, Concept of Trade off in Business...

Concept of Trade off in Business Strategy The trade-off concept was first introduced by Skinner (1969,1974) who carried out a large study of successful American manufacturing

Explain what charles schwab & pfizer works, Read the Ask Chuck & a New Kind...

Read the Ask Chuck & a New Kind of Structure Case Applications on pages 283 & 284. Describe what Charles Schwab & Pfizer Works are doing. Discuss what role organizational structure

Determine the price and quantity of toasters, Determine the price and quant...

Determine the price and quantity of toasters: There are 100 producers of toasters. Half of the producers are "low quality," i.e. their products will break with probability of

Implementation of the cost of quality, Question: What are different con...

Question: What are different conditions which a company has to make sure before the implementation of the Cost of Quality? Description/Definition of cost of Quality • The

What factors would you consider in promotions distribution c, As the Market...

As the Marketing Manager for Proctor and Gambles Pet Nutrition and Care division you have been asked to consider launching a new dog food product in Mexico. What factors would you

Explain define the behaviour of leaders modelling excellence, Describe the ...

Describe the behaviours of leaders modelling excellence. How do you assess excellence and how does that inspire you to perform at higher level?

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