Explain determine the economic order quantity

Assignment Help Business Management

Reference no: EM1368923

Determine the Economic Order Quantity in Excel for: Price of Product: $150 Savings Rate: 12% Annual Usage: 16240 Cost of transportation: $200/order Cost of PO preparation: $60/order Warehouse Rental: $8/piece. Second Question In your own words and by finding information in the Web. Explain the benefits of using a Six sigma Methodology in a Decision Making Process. Demonstrate your thought using an example of the development of a project.

Reference no: EM1368923

Questions Cloud

What is the linear charge density along the arc : A wooden raft has a mass of 59 kg. When empty it floats in water (density 1000 kg/m3) with 59 percent of its volume submerged. What mass of sand can be put on raft without it sinking.

Analyzing competitive markets : In a speech, Professor Gregory Mankiw contends that our elected federal leaders should raise the gasoline tax. Not quickly, but substantially.

Example on performance management : Show how effective is the performance management system and give me three ways in which it can become improved.

Express the electric potential energy of the electron : Two stationary point charges of 4 nC and 2 nC are separated by a distance of 60 {rm cm}. An electron is released from rest at a point midway between the charges and moves along the line connecting them. What is the electric potential energy of the..

Explain determine the economic order quantity : Explain Determine the Economic Order Quantity in Excel for: Price of Product: $150 Savings Rate: 12% Annual Usage: 16240 Cost of transportation: $200/order Cost of PO preparation: $60/order Warehouse Rental: $8/piece.

Generational differences in workforce : Generational Differences in the Workforce - Challenges to Overcome the Gap and employee Absenteeism: On the verge of understanding, controlling, and measuring it

Draw application which reads inventory records file : Draw an application which reads inventory records file and produces a report whihc show item-number, item-description, and price of every item on each day, one through 7.

What are the known and unknown factors : A light train is travelling on a straight section of track at a constant speed of 15 rm m/s. As it approaches next station, it starts to slow down at a rate of 5 rm m/s^2 until it stops at the station.

Question about supply and demand and cost data : Refer to the above data. If the product price is $95, at its optimal output will the firm realize an economic profit, break even, or incur an economic loss?

User Account

All Pages