Calculate the total annual cost of the system

Assignment Help Operation Management
Reference no: EM131119649

ABC Company has a demand for 2000 units per year. The cost of each unit is $100. It costs ABC $200 to place an order and $4 to carry a unit in stock per year. Further, the supplier needs week and a half to deliver their order. Assume 50 weeks to a year. Calculate the Total Annual Cost of the System. a. $186,788.86 b. $205, 800.00 c. $201,788. 86 d. $88,889.88.

Reference no: EM131119649

Questions Cloud

How would you handle margaret complaint : Anna is a 25-year-old graduate student, recently married, who comes into the student health clinic for a routine pelvic exam and PAP smear. As the Director of the clinic, how would you handle Margaret's complaint
Identify several priority health concerns for your area : Go online to the U.S. Census Bureau at http://quickfacts.census.gov/. Obtain information about the demographic characteristics of the population for your city or county of residence. You may have to look at county data if your city is not listed. ..
Compute the holding period return on this investment : One year ago, you purchased a rare Indian-head penny for $14,000. Because of the recession and the need to generate current income, you plan to sell the coin and invest in Treasury bills. The Treasury bill yield now stands at 8 percent, although it w..
Add in the support that external sources provide : Okay, you have your thoughts down on paper and have gone over your organizational structure to be sure that your argument is presented in the clearest possible way. Then you have reviewed your claims to be sure that your reasoning is sound. You ma..
Calculate the total annual cost of the system : ABC Company has a demand for 2000 units per year. The cost of each unit is $100. It costs ABC $200 to place an order and $4 to carry a unit in stock per year. Further, the supplier needs week and a half to deliver their order. Assume 50 weeks to a ye..
Determine the expected percentage holding period return : a. National Telephone and Telegraph (NTT) Company common stock currently sells for $60 per share. NTT is expected to pay a $4 dividend during the coming year, and the price of the stock is expected to increase to $65 a year from now. Determine the ex..
The art of giving and recieving advice : Write a journal about " the art of giving and recieving advice" .. leader must learn how to recieve and give advice effectively to their job well, but the exchange is hard work on both side of the table, doing it badly can lead to flawed decision , s..
Compute the balance in the deferred gross profit : A 2010 sale resulted in default in 2012. At the date of default, the balance on the installment receivable was $12,000, and the repossessed merchandise had a fair value of $8,000. Prepare the entry to record the repossession.(AICPA adapted)
How would you avoid the pitfalls posed by the inequalities : What is mental accounting and how does it impact consumer decision making?

Reviews

Write a Review

Operation Management Questions & Answers

  What sources and contingencies of power existed

What sources and contingencies of power existed among the executives and departments at Resonus? What influence tactics were evident in this case study? Would you define any of these influence activities as organizational politics? Why or why not?

  Relates to the family-style restaurant concept

Imagine that you could create the perfect services cape for a family-style restaurant. Using the elements of temperature, smell, sound, light, color, furnishing, and space, describe your establishment and explain how this relates to the family-style ..

  Attribute measure in quality control

Which of the following is not an attribute measure in quality control?

  Thoughts concerning some of the different types of inventory

Discuss your thoughts concerning some of the different types of inventories found within some typical production organizations (Raw Materials, Work In Process, Finished Goods, Transit Inventory, Buffer Stocks, Anticipation, Decoupling).

  Determine what steps you would take to initiate

Determine what steps you would take to initiate the project and include how your leadership style would predict your action

  Affect your selection of data and measurement strategies

Deming (1987) states that one of the seven deadly diseases is using only visible figures as an input to management. How do you think this concept could affect your selection of data and measurement strategies? When historical data are not available a..

  Difference online transaction-online analytical processing

Explain the difference Online Transaction Processing and Online Analytical Processing. How OLAP analysis is used to facilitate business intelligence?

  How the sales manager facilitates long term relationships

Based on your synthesis of information from the text and elsewhere, describe and discuss how the sales manager facilitates long term relationships with customers.

  What is the cost variance

A software development project at day 70 exhibits an actual cost of $78,000 and a scheduled cost of $84,000. The software manager estimates a value completed of $81,000. What is the cost variance?

  The advantages of international diversification

Determine why, given the advantages of international diversification, some firms choose not to expand internationally. Provide specific examples to support your response.

  What are the formal financial statements each business

What are the formal financial statements each business must prepare once a year? What significant information is disclosed on each statement?

  Explain how organizations use different parameters to

you have been asked to be a guest speaker in a high school business class. your task is to explain the basic concepts

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