Make homemade salad dressings

Assignment Help Operation Management

Reference no: EM133587794

Question

Carrie needs to purchase Olive oil to make homemade salad dressings. She needs 1,500 kgs of Olive oil per day on average. The supplier charges a $70 delivery fee per order (which is independent of the order size) and $4.50 per kg. Carrie's annual holding cost is 23%. Assume 364 days per year. fI Carrie wants to minimize inventory holding and ordering costs, how much Olive oil should she purchase with each order (in kgs)? Report your answer as an integer. You must show your work calculations.

Reference no: EM133587794

Questions Cloud

Discuss the impact of settler colonialism : Discuss the impact of settler colonialism and past proscriptive immigration policies on the current demographics and immigration policies in Canada.

Control measures for work in flammable atmospheres : Work in flammable atmospheres involves the risk of fire and explosion. Discuss the control measures for work in flammable atmospheres.

Abductive reasoning skills : You will need to use some inductive, deductive, and/or abductive reasoning skills.

The risk-return trade-off : Top 10 balanced super funds ranked by risk and return - CareSuper strategy pays dividends and Retirees lose appetite for risk

Make homemade salad dressings : Carrie needs to purchase Olive oil to make homemade salad dressings. She needs 1,500 kgs of Olive oil per day on average.

How did elizabeth seto began : Did ashe began as a sister of mercy or Widow's society or Kaiserwoth Institute for training of Deaconcess or Kaiserswerth Deaconess Institute?

How do you receive buy-in from employees : What integration strategies should be used when implementing new technology in a health care organization? How do you receive buy-in from employees?

Describe the political and class structure of roman society : In Chris Harman's 'A People's History of the World', Harman writes, "Rome was in no sense a democracy" (p. 72).

Performance appraisal techniques : Select at least one of the performance appraisal techniques including graphic rating scales, critical incident technique, behaviorally anchored rating scales,

User Account

All Pages