Firm save annually in ordering and carrying costs

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Reference no: EM132299335

1. You are an international MIS consultant and have been asked to brief a potential client on the role of mobile computing in corporate MIS over the next three years. Describe four [4] areas of corporate MIS which will be affected by developments in mobile computing over this period. For one [1] of these areas, produce a detailed plan describing how this area could be integrated into the client’s corporate MIS strategy. You should state any assumptions which you make.

2. A produce distributor uses 781 packing crates a month, which it purchases at a cost of $9 each. The manager has assigned an annual carrying cost of 30 percent of the purchase price per crate. Ordering costs are $29. Currently the manager orders once a month.

How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.)

Savings $ per year

Reference no: EM132299335

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