Illustrate what are the yearly holding costs for workbook

Assignment Help Operation Management
Reference no: EM1374132

Q. William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:

Demand D = 19,500 units/year
Ordering cost S = $25/order
Holding cost H = $4/unit/year

a) Compute the EOQ for the workbooks.

b) Illustrate what are the Yearly holding costs for the workbooks?

c) Illustrate what are the Yearly ordering costs?

Reference no: EM1374132

Questions Cloud

Deliberate how ignorance of stereotypes about certain groups : Deliberate how ignorance of stereotypes about certain groups may influence marketing efforts targeted to a population
Illustrate what is smallest time for moving all four people : If 2 people are in the canoe, the slower person dictates the crossing time. The objective is for all four people to be on the other side of the river in the shortest time possible. Illustrate what is the smallest time for moving all four people to ..
Describe the concept of gaunxi : Describe the concept of gaunxi and Why is it so significant to businesses operating in china and How did McDonald's lack of guanxi increase its cost of doing business in china?
Ethical decision making : Explain in detail an ethical dilemma in business that you or a coworker experienced and how it was resolved and besides the TV test, do you know of other tests for ethical decision making?
Illustrate what are the yearly holding costs for workbook : William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics. Illustrate what are the Yearly holding costs for the workbooks.
Why did the united states reply to the teamsters : Why did the United States reply to the teamsters and Why are those pretentious by Mexico's retaliatory tariffs not lobbying congress for relief?
What are amounts that should be allocated to warrant : onsider the market price of the Schieble bonds was known to be $180,000, but the market price of the warrants without the bonds cannot be evaluated, what are the amounts that should be allocated to the warrants and the bonds?
Explain how does a firms design and structure impact : We were introduced to the concept of a "learning" organization. In your own words, illustrate what does that term mean. Explain how does a firm's design and structure impact its ability to be a learning organization.
Price ceiling sets : Price ceiling sets a maximum not illegal value that a seller may charge, typically placed below equilibrium. What do you think of a government placing a price ceiling next time gasoline prices rise above $4.00 a gallon?

Reviews

Write a Review

Operation Management Questions & Answers

  Sensitivity analysis

Sketch the results of a sensitivity analysis

  Principles of the corporate social justice approach

Discuss in scholarly detail the defining principles and the implementing principles of the corporate social justice approach.

  Determine the economic order quantity

Determine the economic order quantity, the reorder point, total annual cost using the EOQ, if cost per tire is $35.00, holding cost is 20% of tire cost per year, demand is 1000 per year ordering cost is $20.00.

  Discuss categories of the swot elements of information

Discuss what categories of the SWOT elements of information are readily available on the Internet. Illustrate what categories of information are difficult or impossible to find on the Internet.

  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..

  Describe the organisational culture

Describe the organisational culture or leadership style within Walmart

  Explain how much could the firm save yearly in ordering

Explain how much could the firm save Yearly in ordering and carrying costs by using the EOQ.

  Research-instruments and sampling

What description or requirements would we establish for measuring height of sample of people? Assume that different researchers will be doing the work at different locations.

  Blending problem-linear programming

A drug company produces the drug NasaMist from four chemicals. Find out the cheapest manner of producing today's batch of NasaMist.

  Elucidate what effect on ralsoolph corporate beta

Elucidate what effect would this have, over time, on Ralsoolph's corporate beta also on overall cost of capital.

  International business operations

Show the three options given above. Include in your discussion the issues involved and the advantages and disadvantages of each. Which do you consider would be the most beneficial to Eastrex and DSV?

  Describe how much of every type of sugar will be purchased

Describe how much of every type of sugar will be purchased. Describe how would your answer change if the price of store-brand sugar was $2 per pound also the price of producer-brand sugar was $1 per pound.

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