Rocky mountain order each time it places order

Assignment Help Operation Management

Reference no: EM132261838

1. Look around your own community for an organization or company that is using knowledge management. Explain how it’s being implemented. Share how they are being successful and any suggestions you would give to management to improve their implementation.

2. Rocky Mountain Tire Center sells 15,000 ?go-cart tires per year. The ordering cost for each order is ?$40?, and the holding cost is 40?% of the purchase price of the tires per year. The purchase price is ?$26 per tire if fewer than 200 tires are? ordered, ?$17 per tire if 200 or? more, but fewer than 5,000?, tires are? ordered, and ?$15 per tire if 5,000 or more tires are ordered.

?a) How many tires should Rocky Mountain order each time it places an? order?

Rocky? Mountain's optimal order quantity is 5000 units ?(enter your response as a whole? number). ?

b) What is the total cost of this? policy?

Total annual cost of ordering optimal order size? $ ?(round your response to the nearest whole? number).

Reference no: EM132261838

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