How many cases should be ordered at a time

Assignment Help Operation Management

Reference no: EM13810862

1. A grocery store carries a particular brand of coffee that has the following characteristics:

Sales = 8 cases per week

Ordering cost = $10 per order

Carrying charge = 20 % per year

Item cost = $80 per case

a. How many cases should be ordered at a time?

b. How often will coffee be ordered?

c. What is the annual cost of ordering and carrying coffee?

d. What factors might cause the company to order a larger or smaller amount than the EOQ?

Reference no: EM13810862

Questions Cloud

Broken machine out of service : If a machine breaks down, what is the probability that Ray can begin work on it immediately? On average, how long is a broken machine out of service? On average, how many machines are awaiting repair?

Sociologists use the religious economy : According to the textbook, sociologists use the religious economy approach or a business perspective to describe religions as organizations competing with each other for followers. Speculate on the relation between the religious economy approach and ..

Explain the historical evolution of habeas corpus : Explain the historical evolution of habeas corpus, including its English and American traditions. The explanation of its evolution within the American tradition should include the general meaning of the right of habeas corpus in the U.S.

The logic of the study of science : Describe the various components of the logic of the study of science. How does an understanding of this logic contribute to an understanding of the goals of science?

How many cases should be ordered at a time : a. How many cases should be ordered at a time? b. How often will coffee be ordered? c. What is the annual cost of ordering and carrying coffee?

Wertheimer views undoubtedly grew directly : Which of the following is the correct answer: Some of Wertheimer's views undoubtedly grew directly out of the physical theories set forth by: a. Isaac Newton, b. Albert Einstein, c. Herman Von Helmholtz, d. Thomas Hobbs

Overall decision-making process : Finally, the CEO reminds you that this presentation is meant to be a how-to guide for the overall decision-making process that you will be using in your future assignments.

Ideas in the history of philosophy : Explain two ways that feminists have sought to critique or transform Western ethical ideas in the history of philosophy. Using multiple ethical theories, explain which ideas you most agree with from these critiques and which you believe to be weaker..

Assessment of community-level barriers : Assessment of Community-Level Barriers

User Account

All Pages