Explain what is the total cost of this policy, Operation Management

Assignment Help:

Rocky Mountain Tire Center sells 20,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 20% of the purchase price of the tires per year. The purchase price is $20 per tire if fewer than 500 tires are ordered, $18 per tire is 500 or more - but fewer than 1000 - tires are ordered and $17 per tire if 1,000 or more tires are ordered.

a. How many tires should Rocky Mountains tire order each time it time it places an order?

b. What is the total cost of this policy?


Related Discussions:- Explain what is the total cost of this policy

Productivity -numerically defined, Productivity -Numerically Defined T...

Productivity -Numerically Defined Total factor productivity (TFP) = Pt = Ot/(L+C+R+Q)  Partial factor productivity (PFP) = Ot/L or C or Ot/a combination of  inputs   Pt

States the numerical flexibility workforce, States the numerical flexibilit...

States the numerical flexibility workforce? Numerical flexibility allows a firm to adjust quickly to changing levels of demand through increasing or decreasing the number of

ERP, DETAIL THE WORKFLOW OF HRM THAT DEPLOYES ERP

DETAIL THE WORKFLOW OF HRM THAT DEPLOYES ERP

Explain the system utilization rate and the probability, Sid Das Brick Dist...

Sid Das Brick Distributors currently employs 1 worker whose job is to load bricks on outgoing company trucks. An average of 24 trucks per day, or 3 per hour, arrive at the loading

Describe human resource management, The impact Spurlock v. United Airlines ...

The impact Spurlock v. United Airlines (1972) has made to Human Resource Management.

The graph that depicts the utility value versus monetary, The graph that pl...

The graph that plots the utility value versus monetary value is called a

Explain human resource objectives essential for the company, Why do human r...

Why do human resource objectives essential for the company to succeed?

Explain alternatives to maximize total annual return, How should the 2 mill...

How should the 2 million be allocated to each loan/investment alternatives to maximize total annual return?

Describe the use of strike replacements, Itemize and discuss the different ...

Itemize and discuss the different types of strikes and lock outs, their roles in labour relations and their legal restrictions in private and public sectors. Discuss the use of str

Suitability of continuous or flow production, Suitability of continuous or ...

Suitability of continuous or flow Production In order that flow methods can operations satisfactorily a number of requirements must be met: 1.There Must be Substantially cons

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