Find the cheapest way to ensure continuous supply of sand

Assignment Help Operation Management
Reference no: EM131375702

A company uses 4 tons of fine industrial sand every day. This sand costs 20 TL a ton to buy, and 1.90 TL a ton to store for a day. Modified trucks, which carry up to 15 tons, make deliveries and each delivery of a load or part load costs 200 TL. Find the cheapest way to ensure continuous supply of sand.

Reference no: EM131375702

Questions Cloud

Would your portfolio be riskless : Would your portfolio be riskless?- Can you think of any asset that would be completely riskless? Could someone develop such an asset? Explain.
Supplier relationship management system : What is the value to the company and the supplier in developing and implementing a Supplier Relationship Management (SMS) System? How can such a system provide greater efficiency? Describe the value to the organization.
What shape would the probability distribution have : The probability distribution of a less risky return is more peaked than that of a riskier return. What shape would the probability distribution have for (a) completely certain returns and (b) completely uncertain returns?
Provide a link to the article or attach a copy of article : Locate a current article about Technology that has been published within the last 6 months. Good online sources can be found by looking at the Internet references at the end of each selection in Annual Editions.Provide a Link to the article or atta..
Find the cheapest way to ensure continuous supply of sand : A company uses 4 tons of fine industrial sand every day. This sand costs 20 TL a ton to buy, and 1.90 TL a ton to store for a day. Modified trucks, which carry up to 15 tons, make deliveries and each delivery of a load or part load costs 200 TL. Find..
Can you think of technological innovations that have helped : Digital compression technology made it possible for MTV to program over a global network. Can you think of other technological innovations that have helped companies to think globally and act locally?
What stock price is expected 1 year from now : Harrison Clothiers' stock currently sells for $20 a share.- What stock price is expected 1 year from now? What is the required rate of return on the company's stock?
Cash flow in the current and future years : ACC307 - Accounting Theory Explain why principles-based standards require a conceptual framework and why is it important that the IASB and FASB share a common conceptual framework?
Identifies high-potential employees as successors on plan : HOW HR identifies high-potential employees as successors on the plan? What is The ROLE of learning & development plays in preparing identified high-potential employees as successors for the next role up? Outline here the role that HR plays in managin..

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