How many orders will the store manager place each year

Assignment Help Operation Management
Reference no: EM131040993

Demand for the Deskpro computer at Best Buy is 1,000 units per month. Best Buy incurs a fixed order placement, transportation, and receiving cost of $2,000 each time an order is placed. Each computer costs Best Buy $500 and the retailer has a holding cost of 15 percent. How many computers should Best Buy’s store manager order in each lot? How many orders will the store manager place each year?

Reference no: EM131040993

Questions Cloud

Addition of new plant to absorb the backlog of demand : A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $12,152 per month and variable costs of $1.93 per unit produced. Each ite..
How many inventory cycles are there in one year : Calculate the economic manufacturing quantity to minimize the total annual inventory cost for the following situation: Annual demand = 10,000 units per year Daily production rate = 100 units per day Workdays per year = 250 days Order cost = $20 Annua..
What is its effective capacity : In a job shop, effective capacity is only 48 percent of design capacity, and actual output is 58 percent of effective output. What design capacity would be needed to achieve an actual output of 11 jobs per week? What is its effective capacity?
An analyst has timed a metal-cutting operation : An analyst has timed a metal-cutting operation for 50 cycles. The average time per cycle was 10.8 minutes, and the standard deviation was 1.20 minutes for a worker with a performance rating of 137 percent. Assume an allowance of 13 percent of job tim..
How many orders will the store manager place each year : Demand for the Deskpro computer at Best Buy is 1,000 units per month. Best Buy incurs a fixed order placement, transportation, and receiving cost of $2,000 each time an order is placed. Each computer costs Best Buy $500 and the retailer has a holding..
Activity chart for washing the dishes in a double-sided sink : Draw an activity chart for washing the dishes in a double-sided sink. Two people participate, one washing, the other rinsing and drying. The rinser dries a batch of dishes from the drip rack as the washer fills the right sink with clean but unrinsed ..
With the development of the internet and ecommerce : With the development of the internet and ecommerce, channels of distribution have changed and new business models have come into being. Pick an example and explain exactly how the business models and forms of distribution have changed.
What is the difference between management approaches : How was walmart managed in the past? What is the difference between management approaches in the past to those of the present organization? What are the management styles and their meaning and what they do.
Model needs to use generalization and specialization : How do you know if your model needs to use generalization/specialization? When might you use either of these? For example, are client and customer specific sub-entities of a patron, or are they just aliases for the same single entity?

Reviews

Write a Review

Operation Management Questions & Answers

  Find the new total inventory cost

The manufacturer offers the following purchasing options: Units Price 0-99 1,000 100-299 950 300-499 900 500-999 850 1000+ 800 a. Find the order quantity that minimizes total cost. b. Find the new total inventory cost (include safety stock). c. Fi..

  Organization''s management to improve the management

Discuss how OSHA's Field Operations Manual could be used by an organization's management to improve the management of its safety and health program.

  Steps in network planning techniques

Using the four steps in network planning techniques, select a personal project that you have recently completed or are in the process of completing. Determine three to five challenges that could affect the estimated completion time.

  Discussion-key elements of a supply chain

The success of any supply chain depends on the framework of the organization. The framework of an organization identifies strategic challenges that were critical to the organization's existence in the past and are also critical to its future growt..

  Pros and cons of the three measures of product availability

What are the pros and cons of the three measures of product availability (Product fill rate, Order fill rate, Cycle service level)?

  Find the probability to a z-value

The lifetime of a battery is normally distributed with a mean life of 40 hours and a standard deviation of 1.2 hours. Find the probability to a z-value of 4.16 in 0.9998.

  How global market affects us-based companies compensation

Explain how the global market affects US-based companies' compensation.

  Create the mrp tables for all parts of the cd cabinet

Using the MRP Forms - create the MRP tables for all parts of the CD cabinet for a 12 week planning period. Note: You need to adjust the forms to work with this assignment by adding the required information

  Analyze the potential pitfalls in capital budgeting practice

Analyze the potential pitfalls in his capital budgeting practices that George should be aware of.

  Diversity in the workplace

Diversity in the workplace: What are some negative outcomes of increasing diversity, and given the inevitability of increasing diversity, what can organizations do to reduce these negative outcome?

  Importance of international trade and international exchange

Given the total volume and importance of international trade and international exchanges, describe the implications to someone's career in business and to your education in particular.

  Estimate benefit cost ratio for the project

A recent project nominated for consideration at your company has a four-year cash flow of $20,000; $25,000; $30,000; and $50,000. The cost of the project is $75,000.

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