Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You buy tow hitch balls in large lots for the tow tractors you manufacture. You estimate that it costs you approximately 20% of cost to store a ball for a year.
Ordering cost is estimated to be $49 per order and your annual demand is for 5000 balls. Your supplier offers you the following price schedule:
QUANTITY DISCOUNT (%) DISCOUNT COST 0 to 999 0 $5.00 1000 to 1999 4 $4.80 2000 or more 5 $4.75
The discount cost is for all balls in the order.
You operate 5 days per week, 52 weeks per year, minus 7 paid holidays.
A. What price per ball should you pay to minimize total cost?
B. How many balls should you order at each time?
C. How many orders will you make per year?
D. What is your total cost for balls each year?
Task 1 Read: Chapter 1 of the core learning material and supporting text book chapters which relate to Operations Management. Choose an organisation with which you are either in
State how production standards place managements and unions at odds against each other. Why do some unions prefer the right to strike in this matter while others prefer arbitration
One day a teller of a bank was robbed. When the robber ran the teller ran after him. Well over taking the robber, the teller was shot in the leg. The teller was given an award for
How does Radisson Hotels Worldwide apply Capacity and Scheduling, and quality?
Do you think it is better to concentrate on one source of competitive advantage (cost versus differentiation versus speed) or to nurture all three in a firm's operation?
The Soccer World Cup is promoted aggressively to both companies and fans. This is an example of marketing a(n) a. Event b. Idea c. Service d. Plac
Consider this scenario: You are the senior executive responsible for technology innovation for Company A. The company learns of the cost and efficiency advantages of a new technolo
Ask question #Minimum 100 wo.evolution of manufacturing to operation managmentrds accepted#
Paranzino claims she deposit $200,000 in a bank but was given a receipt for only $100,000, but she did not notice the mistake until later. She sued the bank, but attended court ord
Draw serializability (precedence) graphs for the following schedules and state whether each schedule is (conflict) serializable. For each serializable schedule, determine the equiv
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd