What is the annual carrying rate, Operation Management

Assignment Help:

ABC Aircraft uses 3,000 drill bits annually. Each drill bit costs $50 and each order ABC places costs $25. The annual carrying rate is 40% of unit cost. ABC has contracted with the supplier of the drill bits to use an order quantity of 200 by doing which they receive a 3% discount on purchase price.

Compute the annual total cost (i.e. the Purchase cost + ordering cost + Holding cost). (Please read the question more than once)


Related Discussions:- What is the annual carrying rate

Define disputes and the contractual means used for resolving, What is the c...

What is the cause of disputes and the contractual means used for resolving them?

Explain wastewater treatment plant, Visit the site: Wheaton, IL Sanitary Di...

Visit the site: Wheaton, IL Sanitary District. This tour of a wastewater treatment plant is an example of a high-volume, public project. • How is capacity defined at a wastewate

Explain in detail important element and undercharged, Please explain in det...

Please explain in detail what you would do any why for the following scenario: You have just finished a large scope of work and an important subcontractor has sent you her bill. Up

Explain when is it said to have a normal distribution, When a value of a va...

When a value of a variable(like the possible number of people who might be interested in your product) is said to have a normal distribution, how do the highest and lowest possible

Explain observable cultural forms, Think of an organization with which you ...

Think of an organization with which you are personally familiar (best), or of which you are aware through word of mouth or reading. Identify one underlying value, belief, or assump

Explain low quality leader-member exchange, 1) Discuss two factors that cou...

1) Discuss two factors that could affect what leadership style is most appropriate in a given situation. 2) Give an example of a manager who successfully or unsuccessful balanced c

Operations system, what is operations system? explain the process of operat...

what is operations system? explain the process of operations system?

Explain exponential smoothing adds a percentage, Exponential smoothing adds...

Exponential smoothing adds a percentage (called) of last period's forecast to estimate next period's demand

Explain the marketing objective for a product in the, The marketing objecti...

The marketing objective for a product in the _____ stage of the product life cycle is to create consumer awareness and gain trial. introduction growth maturity decline

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