User Account

All Pages

Purchase malt for his microbrewery production

Assignment Help Business Management
Reference no: EM131281071

Joe Birra needs to purchase malt for his microbrewery production. His supplier charges $35 per delivery (no matter how much is delivered) and $1.20 per gallon. Joe's annual holding cost per unit is 35 percent of the price per gallon. Joe uses 250 gallons of malt per week.

  1. If Joe's supplier only accepts orders that are an integer multiple of 1000 gallons, how much should Joe order to minimize ordering and holding costs per gallon?
  2. Joe's supplier offers a 3 percent discount if Joe is willing to purchase 8000 gallons or more. What would Joe's total annual cost (purchasing, ordering, and holding) be if he were to take advantage of the discount?

Reference no: EM131281071

Questions Cloud

What are the 4 strengthening mechanisms of metals : ENGR 1210:What are the 4 strengthening mechanisms of metals
Determine the width of the merged canal : Explain physically (i.e., without using any equations) why it is expected that the width of the merged canal is less than the combined widths of the two original canals
Simulate the cell using spice from within cadence : Enter the Schematic of the CMOS Cell - Simulate the cell using SPICE from within Cadence starting from the extracted schematic.
Does the courts opinion give an unlimited right : Does the Court's opinion give an unlimited right to an employee to have a union representative present when the employee is being questioned?
Purchase malt for his microbrewery production : Joe Birra needs to purchase malt for his microbrewery production. His supplier charges $35 per delivery (no matter how much is delivered) and $1.20 per gallon. Joe's annual holding cost per unit is 35 percent of the price per gallon. Joe uses 250 ..
Determine the new value of l : After considerable use, the walls of the channel became rougher and the Manning coefficient, n, doubled. Determine the new value of L if the flowrate stayed the same.
Determine the number of cubic yards of concrete : Water flows in the symmetrical, unfinished concrete trapezoidal channel shown in Fig. P10.77 at a rate of 120 ft3 /s. The slope is 4.2 ft/2000 ft. Determine the number of cubic yards of concrete needed to line each 1000 ft of the channel.
Discuss about the supply chain management topics : Select Two paper in supply chain management And Discuss about them from the given list.
Operation of the law of diminishing returns : True or false (explain in each case)? The economy wide demand curve for input A will be more elastic: a. The more elastic is consumer demand for products that use input A. b. The weaker is the operation of the Law of Diminishing Returns as employmen..

Reviews

Write a Review

Business Management Questions & Answers

  Discuss ongoing changes in market

Drawing on current publications and other sources, discuss ongoing changes in market power among the firms of that industry.

  Calculate the required power

A pump is to be installed to increase the flowrate through this pipe and nozzle by 20%. Calculate the required power.

  Why negotiating women, inc focused its attention on women

If someone believes that moral values inherent in humankind should from the basis of law and that these principales are a higher authority than man made law, that person is a proponent of

  Why do you want or not need to enter into an agreement

Why do you want or not need to enter into this type of an agreement and Explain what are your fears?

  Determining the project execution

Explain why a supportive organizational culture is important during project execution.

  Policy analysis and vice versa

Is evaluating a policy more important than analyzing before it is adopted? What makes evaluation easier than policy analysis and vice versa?

  To what extent is merit determined by opportunity

To what extent is merit determined by opportunity and Explain whether you agree that wealth and background, among other things, can affect one's ability to achieve and weather such advantage are determinative of success?

  Question regarding the prejudice and discrimination

Prejudice is an underlying complex mix of mental perceptions and associated emotions and attitudes toward members of another group that often result in social distance and manifest in overt acts of discrimination. An important first step in addres..

  Calculating the coordinates for warehousejoes sports

calculating the coordinates for warehousejoes sports supplies corporation is considering where to locate its warehouse

  Events or eras in health care and their impact

It is essential to identify, examine, and understand the history and foundations of health care in the U.S. as this will be the foundation for understanding health care systems though this course and in practice. Students will need to show a thor..

  What are the relationships among affect emotions moods

what are the relationships among affect emotions moods attitudes and values?briefly compare and contrast classical

  Stages of the systematic trainingfind the stages of the

stages of the systematic trainingfind the stages of the systematic training cycle and explain how this process is used

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd