When is the ordering cost decreased, Operation Management

Assignment Help:

When is the ordering cost decreased?

Ordering cost falls while the size of order increases. It is because when the size of order raises for the similar quantity of inventory purchased annually, in that case less orders and thus administration cost would be needed for example, staff, phone calls and paperwork etc.


Related Discussions:- When is the ordering cost decreased

Explain lower foreign labour costs, Global expansion is fuelled by a (n): A...

Global expansion is fuelled by a (n): Answer (1) shrinking customer market, lower foreign labour costs, and advances in technology. (2) Expanding new customer market, lower foreign

Trigger changes in aspects of practice, What is a critique? Simply stated, ...

What is a critique? Simply stated, a critique is a critical analysis undertaken for some purpose. Nurses critique research for three main reasons: to improve their practice, to bro

What are some of the advantages or disadvantages of members, Define the use...

Define the use of regional trade organizations in international business. Identify the Regional Trade Organization of which the United States is a member. What are some of the adva

Lpp, A paper mill produces two grades of paper viz., X and Y. Because of ra...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Explain investment spending sharply declined in the us, In early 2001, inve...

In early 2001, investment spending sharply declined in the U.S.. In the two months following the Sept. 11, 2001 attacks on the U.S., consumption also declined. Use AD-AS analysis t

Process design, what is process design in operation management

what is process design in operation management

Explain supply chain is inappropriate for services, Explain why the goods a...

Explain why the goods analogy of a supply chain is inappropriate for services

Line balancing of product layouts, Line Balancing of Product Layouts ...

Line Balancing of Product Layouts A major consideration in the design of product layouts is that of bottlenecks; just as the strength of a chain is determined by its weakest

Compute your forecast of profit for a store, The XYZ Paint Shop owns and op...

The XYZ Paint Shop owns and operates a dozen shops in northern Illinois. Their signature paint is diamond polished candy apple red lacquer. Sales (X, in millions of dollars) is rel

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