What is the optimal number of orders per year what is the, Operation Management

+44 141 628 6080
[email protected]

What is the optimal number of orders per year what is the

XYC co. purchases an item. The annual demand for this item is 30000 units. The ordering cost is 80$ per order. The holding cost is 15$ per unit per year.? The lead time for this item is 3 days. Assume 250 working days per year. Find:

a) What is the optimal number of orders per year?

b) What is the annual cost of ordering and holding inventory?

c) What is the re-order point?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Operation Management: What is the optimal number of orders per year what is the

Reference No:- TGS02261837

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Problem on journal articles and non-journal materials

Amanda said? Excellent post, Chrystal. You provided great insight into the helpful resource ERIC digital library is. I appreciate how it states the information

Identify one antecedent, one behaviour, and one consequence

Sahir is the most active student in your kindergarten class. He tends to be very disruptive when the teacher you work with is teaching the class,

Describe some of your personality traits

Adler believed that your birth order determines, to a large extent, your personality. He stated that your traits reflect, somehow, how you have achieved

How we perceive objects in the real world

Suppose that a group of researchers would like to explore how we perceive objects in the real world, rather than just in a laboratory

How ensure that the youth understand what study involves

What is another way to say ". It is important to ensure that the youth understand what the study involves, what their participation entails

Identify a true statement about validity

Question: Identify a true statement about validity as applied to a test. Multiple choice question

Provide reasons why working from a person centred

Provide five (5) reasons why working from a person centred, strengths-based positive framework, and providing positive lifestyle strategies can reduce

Request for Solution File

Ask an Expert for Answer!!

Operation Management: What is the optimal number of orders per year what is the

Reference No:- TGS02261837

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : A news-stand buys a weekly magazine from a publisher once

Q : Academic administrative and operation divisions of a

Q : Spring- 17 case study and presentation- overview of an

Q : A strengths weaknesses opportunities and threats swot

Q : What is the optimal number of orders per year what is the

Q : Watch in what ways are global virtual teams more efficient

Q : Compare the research design of the two studies

Q : What are the advantages and disadvantages of modern sheds

Q : Abc co can manufactures a sub component at the rate of 700