Continuous review system to manage meal inventories

Assignment Help Operation Management
Reference no: EM132245960

Dave's Sporting Goods sells Mountain Mouse? freeze-dried meals.? Dave's uses a continuous review system to manage meal inventories. Suppose Mountain Mouse offers the following volume discounts to its? customers:

1−750 meals:? $9.50 per meal

751or more? meals: ?$8.25 per meal

Annual demand is 2,400 meals, and the cost to place an order is ?$17. Suppose the holding cost is ?$4.50 per meal per year. How many meals should? Dave's order at a?time?

?Dave's Sporting Goods should order nothing meals at a time to take advantage of the lower cost per unit.

?(Enter your response rounded to the nearest whole number)

Reference no: EM132245960

Questions Cloud

Strong internal and external communication : A compelling vision, Goal interdependence, Support of innovation, A cohesive team, Strong internal and external communication.
How are female offenders different than male offenders : Write 200-word summary of the article. Include the following in your summary: How are female offenders different than male offenders?
Discuss the differences between fraud and abuse : Discuss the differences between fraud and abuse. Provide examples of each and how healthcare managers might deal with them.
Address how an african american has been an inspiration : Discuss the contributions of the African American individual who has served to inspire and motivate you.
Continuous review system to manage meal inventories : Dave's Sporting Goods sells Mountain Mouse? freeze-dried meals.? Dave's uses a continuous review system to manage meal inventories.
Explain the advantages of promoting social tolerance : With all of the different influences and dynamics of society, it is important to teach children acceptance and tolerance of others.
Write a persuasive essay that outlines your views on ethics : Write a persuasive essay of at least 800 words that outlines your views on the ethics of this controversy. Use at least 2 resources to support your position.
Delivering innovative products and services : Delivering innovative products and services, Continuously improving performance, Increasing shareholder value, Creating a culture of pride
The role of group dynamics and diversity : The role of group dynamics and diversity. Broader environmental factors.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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