Decide the optimal quantity for the store to buy

Assignment Help Business Management
Reference no: EM132956846

A retail store imports an enterprise model solid-state drive (SSD) at a fixed price of $200 per unit from the sole distributer of the SSD.
The store received an offer of 15% discount on orders of 80 or more units. The estimated sales for the year are 300 units, the cost incurred per order is $100 and the average holding cost per unit per annum is estimated to be $6 per unit.
Decide the optimal quantity for the store to buy in each order (round up to the nearest integer).

Reference no: EM132956846

Questions Cloud

What is the total annual cost of the inventory : A company is planning for its financing needs and uses the basic fixed-order quantity inventory model. What is the total annual cost of the inventory given an a
What types of leadership roles does person possess : What types of leadership roles does this person possess?What is this person's leadership style(s)?
Organization management structure redesign : What is the key consideration that needs to be factored into the organization management structure redesign?
What is the lowest total cost : What is the lowest total cost (round up to the nearest integer) corresponding to the optimal order quantity?
Decide the optimal quantity for the store to buy : A retail store imports an enterprise model solid-state drive (SSD) at a fixed price of $200 per unit from the sole distributer of the SSD. The store received an
What is the probability that the firm will need : If the manager decides to allow 280 reservations, what is the probability that the firm will need to compensate their customers? ( Choose the closest number)
Explain the role of leadership and teams in innovation : What is the difference between incremental or radical innovation, and product-related or process-related innovation?
Describe great leaders or great strategy : Based on Good to Great by James Collins, do you believe successful organizations are based on great leaders or great strategy? Explain your response.
Who do you believe is one of the top strategic managers : Who do you believe is one of the top strategic managers today and why.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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