Determine the total annual inventory cost

Assignment Help Operation Management

Reference no: EM13234560

The first gateway bank just introduce the "money now" checking system. The bank requires a minimum balance of $3000 in order for the customer to be able to write as many checks as desired without paying any service charge. As a poromotional scheme, Geateway will give away popular brass belt buckles to new checking account customers. These buckles had been given to savings account depositors, and have proven very popular. The additional brass buckles now required have created an inventory problem. Mary kaye snyder, assistant manager of customer services, has estimated the following information: D= 800 buckles per year HC = $3 per buckle per year OC = $20 per order How many buckles should Mary Kaye order at one time? Determine the total annual inventory cost for the optimal order quantity.

Reference no: EM13234560

Questions Cloud

Compute the net requirement for each time : Given the bill of material for the printer cartridge (A) shown below, a gross requirement to build 170 units of A, on-hand inventory levels for each item as shown in the table below and assuming zero lead times for all items A, B, C, D, and E, com..

How the u.s. benefits more in the long run from the shift : The federal reserve arranges to make lonas to a banks automatically whenever an economic down-turn beginsB.) As the economy heats up, the resulting increase in equilibrium income immediately results

Discuss the one discretionary fiscal policy action : 1.Under what circumstances might a tax reduction be associated with a long-run increases in real national income and a long-run reduction in the price level.

Write a class encapsulating the concept of a course : Write a class encapsulating the concept of a course, assuming a course has the following attributes; a doce (for instance, CS1), a description, and number of credits (for instance, 3.) Include a constructor, the accessors and mutators, and methods..

Determine the total annual inventory cost : Mary kaye snyder, assistant manager of customer services, has estimated the following information: D= 800 buckles per year HC = $3 per buckle per year OC = $20 per order How many buckles should Mary Kaye order at one time? Determine the total annu..

What is the magnitude of the force : Two tiny conducting spheres are identical and carry charges of -18.2 ?C and +50.3 ?C, What is the magnitude of the force that each sphere experiences

Write a program that reads a value : Write a program that reads a value (say n) from the user and ouputs "Hello world" n times. Verify that the user has entered an integer. If the input is 3, the output will be "hello world" 3 times.

What is the magnitude of q2 : In a vacuum, two particles have charges of q1 and q2, where q1 = +3.66 ?C. They are separated by a distance of 0.213 m,

How can you delete the windows old folder : How can you delete the Windows old folder.

User Account

All Pages