Approximate total inventory cost

Assignment Help Operation Management
Reference no: EM132746197

A product whose total inventory cost (ordering cost + holding cost) at EOQ is $100,000 experiences an increase in annual demand from 1,000,000 units to 2,000,000 units. What will be the approximate total inventory cost at the new EOQ?

Reference no: EM132746197

Questions Cloud

How much should be reported as cash in bank in the financial : Balance per bank statement 10,000. Direct customer deposit 1,872. How much should be reported as cash in bank in the financial statement?
What is the cycle time for assembly line : The processing time (in minutes) for station 1-5 is 5, 7, 10, 8, and 10, respectively. What is the cycle time for this assembly line?
Calculate the adjusted joint cost for allocation for August : One of its processes manufactures join products Y and Z, and by-product X. Calculate the adjusted joint cost for allocation for August
Find how much is petty cash fund : Vouchers - Transportation 1,200, Vouchers - Supplies 1,872. How much is petty cash fund? Prepare initial entry of variance upon discovery, if any
Approximate total inventory cost : What will be the approximate total inventory cost at the new EOQ?
Impact the demand for the product : Select a product that you can purchase at a grocery store or at a discount retailer and respond to the following:
Prepare initial entry of variance upon discovery : How much is petty cash fund? Prepare initial entry of variance upon discovery, if any. Company A's petty cash fund, which has an imprest balance of 5,000
Find how much is company a cash on december : How much is Company A's cash on December 31, 2019? Company A wrote a check worth ?20,000 dated December 30, 2019 but is still unreleased
How much should be included in its cash on december : How much should be included in its Cash on December 31, 2018? Company A has the following checks representing collections on December 31, 2018

Reviews

Write a Review

Operation Management Questions & Answers

  What percentage of time will facility be producing product

What percentage of time will the facility be producing the product?

  Show that the process may be out of control

List and describe (or draw) three patterns on a control chart that show that the process may be out of control. That is patterns that are not likely to be random. Note: each pattern must show a different out of control rule.

  Leaked classified material states

Edward Snowden who leaked classified material states, "These things need to be determined by the public, not somebody who is simply hired by the government."

  Identify the term which refers to the value of brand

The element of surprise is unimportant in staging invasions. Identify the term which refers to the value of a brand.

  What are the key ethical issues in this situation

The Situation You are the sales manager for a well-established medical equipment company. What are the key ethical issues in this situation?

  What made the young life the organization

What made the YOUNG LIFE the organization it is today? Include brief history; mission; influence; past significant actions (positive and/or negative).

  Write the service script for bakery clerks

Which historical management technique best describes scripted service speech and scripted employee behavior? Explain your choice.

  Identify one of the three levels of management

Planning, organizing, leading and controlling functions can be applied to any level within the management hierarchy. Let's take a brief look at the managers employed at Joe's Steel Corporation.

  Recommend that is claim is one for an intentional tort

Cortland want to sue Chandler in tort. Would you recommend that is claim is one for an intentional tort or negligence, and why? Which specific tort do you believe Cortland should pursue.

  Integrate with healthcare supply chain sourcing-purchasing

Provide an example where the tools of analysis of supply items integrate with healthcare supply chain sourcing and purchasing.

  How has wal-mart operated differently from its rivals

What, historically, have been Wal*Mart's key sources of competitive advantage in discount retailing? How has Wal*Mart operated differently from its rivals?

  What was the toughest ethical decision you have faced

What was the toughest ethical decision you have faced? How did you handle it, and why? What did you learn?

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