Industrial valves and fluid control devices

Assignment Help Other Subject
Reference no: EM13782742

Barbara Bright is the purchasing agent for West Valve Company. West Valve sells industrial valves and fluid control devices. One of the most popular valves is the Western, which has an annual demand of 4,000 units. The cost of each valve is $90, and the inventory carrying cost is estimated to be 10% the cost of each valve. Barbara has made a study of the costs involved in placing an order for any of the valves that West Valve stocks, and she has concluded that the average ordering cost is $25 per order. Furthermore, it takes about two weeks for an order to arrive from the supplier, and during this time the demand per week for West valves is approximately 80.

A. What is the EOQ?

B. What is the ROP?

C. What is the average inventory? What is the annual holding cost?

D. How many orders per year would be placed? What is the annual ordering cost?

Reference no: EM13782742

Questions Cloud

The process of auditing information systems : The Process of Auditing Information Systems, The annotated bibliography must include at least three of the references you will use in your paper, written in APA style
What do you believe is the most common form : What do you believe is the most common form of collateral traditionally used to back a guarantee for an entrepreneur?
What is your personal responsibility toward natural world : What is our personal responsibility toward the natural world, toward what we term our natural resources?
What is the average inventory : What is the EOQ? Given the EOQ, what is the average inventory? What is the annual inventory holding cost?
Industrial valves and fluid control devices : Barbara Bright is the purchasing agent for West Valve Company. West Valve sells industrial valves and fluid control devices. One of the most popular valves is the Western, which has an annual demand of 4,000 units.
Role structures, norms and conflict management : What can a manager learn from the characteristics and activities of this particular team? How might the factors that contribute to this team's success be adopted in a business setting?
Graphic representation of the system of checks and balances : Graphic representation of the System of Checks and Balances. Please write out all the examples of how each branch of the government exercises power over the other
Construct a framework and summary : Describe the approach that you will take to research the subject thesis (I chose Corporate Social Responsibility)
Write a summary of the documentary "so who is this jesus?" : Write a summary of the documentary "So Who Is This Jesus?"

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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