Any comments on inventory policy

Assignment Help Operation Management

Reference no: EM132221297

For any store/product, please collect the following information

• Product Cost ($)

• Product Price ($)

• Unit inventory holding cost ($ per unit per year)

• Annual demand (units per year)

• Ordering Cost ($ per order)

• Order quantity (units per order)

• Lead time (in days)

• Reorder point (units)

• Inventory review policy (continuous or periodic?)

• Average inventory (units)

Please then answer the following question

• What is the EOQ?

• Any comments on their inventory policy?

Please, make sure to write clearly. Make sure to mentioned which company and the type of product you are using in this case. Answer all questions with enough detials.

Reference no: EM132221297

Questions Cloud

What is the competitive position of your employer : Where are we now? What is the competitive position of your employer with regard to rival companies? Good? Average? Weak?

Sales associate probably works in decentralized organization : A sales associate probably works in a decentralized organization if he says that his company has

Observe sound ethical practices in stakeholder relationships : Discuss 3 models of management ethics and explain why is it critical to observe sound ethical practices in stakeholder relationships.

At what amount will accounts payable for raw materials : In Acti's budgeted balance sheet at December 31, at what amount will accounts payable for raw materials be shown

Any comments on inventory policy : Any comments on their inventory policy? What is the EOQ?

What total amount distributed to the ordinary shareholders : If P380,000 is to be distributed as a dividend for the current year, what total amount will be distributed to the ordinary shareholders

Each of communication process elements to that promotion : Identify each of the Communication Process elements to that promotion. Describe a recent promotion experience.

Determine the carrying value of this bond issue : Use this information to determine the carrying value of this bond issue after adjusting entries have been made on June 30, 2019

Prepare the october journal entry for the partnership : Prepare the October 1 journal entry for the partnership by selecting the account names and dollar amounts from the drop-down menus

User Account

All Pages