User Account

All Pages

Economic order quantity that minimizes the inventory cost

Assignment Help Mathematics
Reference no: EM131927399

A pet shop expects to sell 1,125 kittens at a steady rate in the upcoming year. The owner will order kittens from the kitty-cat factory by placing several orders of the same size spaced equally throughout the year. Determine the economic order quantity that minimizes the inventory cost, and then find the minimum inventory cost if the ordering cost for each delivery is $83 and carrying costs, based on the average number of kittens in inventory amount to $249 per year for one kitten.

Reference no: EM131927399

Questions Cloud

Create a strengths and threats analysis : Research a company of your choosing to create a strengths, weaknesses, opportunities, and threats (SWOT) analysis. Please note the importance of picking.
Determine the economic order quantity : Determine the economic order quantity that minimizes the inventory cost, and then find the minimum inventory cost if the ordering cost for each delivery
What is cash flow under current capital structure : What is her cash flow under the current capital structure, assuming the firm has a dividend payout rate of 100 percent?
Find the dimensions of the box : And the remainder is made of wood costing $7 per square inch. Find the dimensions of the box for which the cost of the materials is minimized.
Economic order quantity that minimizes the inventory cost : Determine the economic order quantity that minimizes the inventory cost, and then find the minimum inventory cost if the ordering cost.
Find the dimensions of the box : Find the dimensions of the box for which the cost of the materials is minimized.
Which section of analysis would be toughest to investigate : If you were assigned to a committee performing a SWOT analysis, which section of the analysis do you think would be the toughest to investigate? Why?
Compute the balance on your margin account : Compute the balance on your margin account at the end of each of the four trading days, and compute your total profit or loss at the end of the trading period.
What is the angle of elevation of the hill to the nearest : If Tina's eyes are 5 feet from the ground and 14.5 feet from Matt's shoes, what is the angle of elevation of the hill to the nearest degree? Explain.

Reviews

Write a Review

Mathematics Questions & Answers

  Determine the critical points domain endpoints and extreme

find the critical points domain endpoints and extreme values absolute and local for each function.yx23x2-4y4-2x for

  Fluctuations of the foreign currency exchange rates

There are some risks involved with international transactions due to fluctuations of the foreign currency exchange rates. One way to mitigate those risks is through hedging. Discuss the hedging options: forward contracts and option contracts. What..

  If the diagonal length of a square is tripled how much is

question 1 if the diagonal length of a square is tripled how much is the increase in the perimeter of that

  Find probability that an automobile owner selected at random

PLANS TO KEEP CARS In a survey conducted to see how long Americans keep their cars, 2000 automobile owners were asked how long they plan to keep their present.

  Describe whether demand is price elastic or price inelastic

Suppose that when Winged Demons Athletic Shoes offers a 15 percent discount on its latest model of shoe, it finds that it sells 20 percent more of them.

  How many elements are in the union of four sets

How many elements are in the union of four sets if each of the sets has 100 elements, each pair of the sets shares 50 elements, each three of the sets share.

  What do the level curves look like prove that the rule for

if we take take a curve z fy in the yz-plane and revolve it about the z-axis we obtain a surface of revolution in

  Multinomial distribution with parameters

Prove that p(y|X=x)~Bin(n-x,b/1-a) where x,y,z have multinomial distribution with parameters a,b,c and n.

  Linear programming problem

Problem 1: Consider the following linear programming problem:

  Ellipse or hyperbola in standard form

Rewrite the equation for each ellipse or hyperbola in standard form. State whether the equation represents an ellipse or a hyperbola, and identify the center.

  For how many miles did he drive the truck

Ravi rented a truck for one day. There was a base fee of $15.99 , and there was an additional charge of .94 cents for each mile driven. Ravi had to pay $282.95 when he returned the truck. For how many miles did he drive the truck?

  How do porter competitive forces model

How do Porter's competitive forces model, the value chain model, synergies, core competencies

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