Rocky mountains tire order each time it time it places order

Assignment Help Operation Management
Reference no: EM131738858

Rocky Mountain Tire Center sells 11,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 50% of the purchace price of the tires per year. The purchase price is $22 per tire if fewer than 200 tires are ordered, $17 per tire is 200 or more - but fewer than 5,000 - tires are orderd and $14 per tire if 5,000 or more tires are ordered.

a. How many tires should Rocky Mountains tire order each time it time it places an order?

b. What is the total cost of this policy? please show work.

Reference no: EM131738858

Questions Cloud

Define acquiring resources through possession : Along a winding dirt road. Lee finds an old, rusty car with no license plates. Looking through the car, which is unlocked, he finds a valuable sing.
Discuss understanding of the theoretical perspectives : demonstrate your understanding of the theoretical perspectives and to include specific evidence
Considering several alternative development projects : Place-Plus, a real estate development firm is considering several alternative development projects.
What is the optimal order quantity and minimum annual cost : What is the optimal order quantity and the minimum annual cost for Bell computers to order, purchase and hold these integrated chips?
Rocky mountains tire order each time it time it places order : How many tires should Rocky Mountains tire order each time it time it places an order?
Human-resources-related legal and ethical issues : Choose and research a situation in which an organization of your chose had to deal with human-resources-related legal and/or ethical issues
How many rolls should yellow press order at a time : How many rolls should Yellow Press order at a time? What is the time between orders?
Will president trumps tax proposal make america great again : ACCT 7400 - Federal Taxation - Will President Trump's tax proposal make America great again? There are arguments in favor of the plan and others against.
Special paint that prevents floors from becoming slippery : SpotOn, the manufacturers of a special paint that prevents floors from becoming slippery when wet,

Reviews

Write a Review

Operation Management Questions & Answers

  Key trade-offs in determining the economic order quantity

What are the key trade-offs in determining the economic order quantity? In the early days of paint manufacturing, manufacturers of paint used to produce paint of appropriate colors and sizes to be sold in retail stores. Discuss what impact, if any, t..

  How do you approach in each situation in the two cases

As you are appointed as a manager How do you approach in each situation in the 2 cases? explain in your own words in both of the cases.

  Explore the possibility of improving it using strategic

Write a 8 to 10 page paper on any manufacturing process, analyze it, and explore the possibility of improving it using strategic Capacity Management and Learning Curves, Manufacturing Processes and Service Processes, Waiting Line Analysis, Le..

  A dissemination mode

A “Dissemination Mode” is. When project teams get too used to not having to go through normal approvals to get things done,

  Review materials from outside sources regarding the case

Two to three pages text (maximum, include a reference page; and a title page) - Double-spaced lines - Times New Roman 12 pitch Process I. Review materials from outside sources regarding the case II. Diagnose the case (identify the issue/problem, defi..

  Love is a difficult concept for many

Love is a difficult concept for many. Some mistake or confuse love with a physical attraction or infatuation. As a child I recall a rhyme: Love is like a pot of gold, hard to find and hard to hold".

  What if employers discontinued offering these benefits

Many employees today incorrectly believe that all benefits companies offer are required by law. Discuss some optional benefits that companies offer that American workers have come to expect. What if employers discontinued offering these benefits?

  Explain why the companys strategy was ineffective

Describe a time when a company delivered negative news to you ineffectively; that is, you did not understand the news or could not accept the decision. Explain why the company's strategy was ineffective, and how they could have retained you as a cust..

  Specify the levels of demand for each processing alternative

Zodiac Furniture is considering the production of a new line of metal office chairs. The chairs can be produced in-house using either process A or process B. The chairs can also be purchased from an outside supplier. Specify the levels of demand for ..

  What is the definition of a cooperative strategy

What is the definition of a cooperative strategy, What are the three basic benefits firms can achieve by successfully using an international business-strategy?

  What does research state about effectiveness of grievances

Nick Martindale (2010) stated in his article, “Grievances - what employers need to know to avoid or deal with them,” that “the most striking fact is the high number of cases concerned with managerial relationships in the workplace. What does research..

  Manage the situation from a disciplinary perspective

discuss how you would manage the situation from a disciplinary perspective?

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