Larger quantity purchases, Operation Management

Assignment Help:

A vendor's gives discounts to entice larger quantity purchases.  The price breaks are as follows:

Order Size    Discount    Unit Price    
0 - 40              0%           $30
50 - 99            5%           $28.50
100 or more    10%          $27

If your store's yearly demand is 150 units, ordering cost is $20, and yearly inventory carrying cost is 25 percent of the unit prices, what order quantity policy should you follow?


Related Discussions:- Larger quantity purchases

Process design, Ski Boards, INC., wants to enter the market quickly with a ...

Ski Boards, INC., wants to enter the market quickly with a new finish on its ski boards. It has three choices: (a) refurbish the old equipment at a cost of $800, (b) make major mod

Tools and techniques of layout planning, Tools and Techniques of Layout Pla...

Tools and Techniques of Layout Planning Various techniques are available for planning the layout. The most commonly used techniques is the use of two dimensional templates. O

Explain why is it important for a company to orient freshers, Why is it imp...

Why is it important for a company to orient a new employee to a job? What steps would you take to orient a new employee to do what they are supposed to do?

Explain issues facing ceos and organizations, Given that frame, what are so...

Given that frame, what are some of big issues facing CEOs and Organizations. Which ones do you think are the most problematic in terms of impacting strategy?

Define and analyze a best practice human capital acquisition, Identify and ...

Identify and analyze a best practice human capital acquisition, development, and retention in the United Kingdom Please provide references in APA format

Explain planning is the fundamental management function, 1. Planning is the...

1. Planning is the fundamental management function. Discuss how organizing and planning are related. 2. Using two examples, describe the different approaches used by companies/m

Responsibilities of operation manager, Operations Management Activities - R...

Operations Management Activities - Responsibilities of Operations Managers The nature and responsibility of operations managers is changing. Once operations or production mana

Selection of operations in an organisation, Selection of Operations in an O...

Selection of Operations in an Organisation In any organisation there will be very many operations which could be studied; this step of the procedure addresses the question - w

Explain elements of a typical scope statemen, Analyze the elements of a typ...

Analyze the elements of a typical scope statement and the significance of each element. As a project leader, determine how you would communicate the scope of a project to the proje

Explain why business management is a good career choice, I need a well writ...

I need a well written paper on why business management is a good career choice?

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