User Account

All Pages

Determining the optimal number of pump housings

Assignment Help Business Management
Reference no: EM132140503

Sumco, a company that sells pump housings to manufacturers, would like to reduce its inventory cost by determining the optimal number of pump housings to obtain per order. The annual demand is 1,000 units, the ordering cost is $10 per order, and the average carrying cost per unit per year is $0.50. Using these figures, if the EOQ assumptions are met, calculate the

a) EOQ

b) Total annual inventory cost

c) Number of orders/year

d) Cycle length

e) Average inventory level

Reference no: EM132140503

Questions Cloud

Importance of international trade in various countries : Whereas imports and exports in the United States each account for about one-eighth of total annual national income, in some countries the figure is much greater
What is the value of aggregate consumption spending : If current income (or output) is equal to 253.4, what is the value of aggregate consumption spending?
How would you ensure reliability and validity : With respect to question #4, how would you ensure reliability and validity? Make sure to review online unit 5 Lecture Notes before answering this question.
Good measurement tool for the economy : Why isn't the Gross Domestic Product (GDP) a good measurement tool for the economy?
Determining the optimal number of pump housings : Sumco, a company that sells pump housings to manufacturers, would like to reduce its inventory cost by determining the optimal number of pump housings
How to use one or a combination of the media : To gain some perspective on how media works, will make a recommendation of how to use one or a combination of the following media for (1) advertising.
Residents of bora bora play golf incessantly : Suppose that the residents of Bora Bora play golf incessantly. In fact, golf is the only things that they spend their money on.
Are the messages aligned with the imc objectives : Identify five recent commercials that you have seen or watched that you believe are effective at advertising. Identify the part of the Hierarchy of Effects Mode
Explain the international balance of payments : Exchange rates are no different. Absent government or central bank interference, the supply of and demand for currencies determine their prices.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd