Determine the order size for the hospital

Assignment Help Operation Management
Reference no: EM13735348

County hospital orders syringes from a hospital supply firm. The hospital expects to use 38,000 syringes per year. The order cost to deliver the syringes is AED 1.85 per syringe. The supplying company offers the following quantity discount-pricing schedule. Determine the order size for the hospital

Quantity Price

0 - 9,999 $3.40
10,000 -19,999 $3.20
20,000 - 29,999 $3.00
30,000 - 39,999 $2.80
40,000 - 49,999 $2.60
50,000 + $ 2.40

Reference no: EM13735348

Questions Cloud

Explain the benefits obtained from prototyping : Prototyping is often used to test products and product ideas. Define prototyping and explain the benefits obtained from prototyping
Estimate the level of sales : Estimate the level of sales next year if CFC reduces Px by 10 percent and increases advertising by 20 percent, Income rises by 5 percent, Py is reduced by 10 percent, and Pm remains unchanged. By how much should CFC change its advertising if it wants..
Mental health illness in adults with substance abuse : Descriptive information on the target population (e.g., age, gender, culture, ethnicity) and location (e.g., city, town, state).
Draw a demand and supply diagram of a bond market : Draw a demand and supply diagram of a bond market and show the equilibrium price and quantity demanded and supplied in the diagram. What are the factors that shift these demand and supply of bonds? What is the relationship between bond market prices ..
Determine the order size for the hospital : County hospital orders syringes from a hospital supply firm. The hospital expects to use 38,000 syringes per year. The order cost to deliver the syringes is AED 1.85 per syringe. The supplying company offers the following quantity discount-pricing..
What is monopolistic about monopolistic competition : What is "monopolistic" about monopolistic competition? What is "competitive" about a monopolistically competitive market? Please explain.
Implications of how an organization produces and interacts : In this assignment, consider the strategic implications of how an organization produces and interacts with its partners, customers, and suppliers.
Write your personal strategic plan : Try to Write 400 words or more on your personal strategic plan. Try to incorporate terminology we have discussed in the class up to this point
Examine at least three different types of waste : From the first e-Activity, examine at least three different types of waste that can be found in an organization of your choice. Suggest the lean strategies to confront them.

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