What are the cost consequences

Assignment Help Operation Management
Reference no: EM131039475

Letni Corporation buys computers from Taiwan. Shipments are made by ocean carrier. It takes eight weeks for a shipment to travel from Taiwan to New York. Letni sells 105,000 computers per year. Letni buys the computers at a price of $524 per unit. Answer the following questions- 1. Determine the value of in transit (also known as pipeline) inventory value. 2. Suppose Letni Corporation decides to use air shipments instead of ocean shipping. What are the cost consequences? Describe which costs will be affected, and whether they increase or decrease ( one page)

Reference no: EM131039475

Questions Cloud

Compute the manufacturing cycle efficiency for the quarter : Lipex, Ltd., of Birmingham, England, is interested in cutting the amount of time between when a customer places an order and when the order is completed. For the first quarter of the year, the following data were reported: Inspection time 0.5 days Pr..
Discuss the benefits of supply chain management : Define Marketing? Define what an exchange is and list the five conditions of an exchange? Discuss briefly the four major stages of the Product Life Cylce. Explain what Supply Chain and Supply Chain Management are. Discuss the Benefits of Supply Chain..
Identify at least two areas of market research : Provide an overview of Market Research using at least two academically credible sources. Identify at least two areas of market research and/or data gathering/ analysis techniques. Describe why these are of interest to you. Create a set of questions t..
Learning from market research subject matter experts : Understanding the role of market research by learning from Market Research Subject Matter Experts (SME) and incorporating the results of this interview into the learning goals you have set for yourself on this topic
What are the cost consequences : Letni Corporation buys computers from Taiwan. Shipments are made by ocean carrier. It takes eight weeks for a shipment to travel from Taiwan to New York. Letni sells 105,000 computers per year. Letni buys the computers at a price of $524 per unit. Su..
Quality initiatives often start with data : Suppose you want to develop a decision support system to support a quality of care improvement initiative within the hospital at which you work. Quality initiatives often start with data - using data to improve healthcare. Using Simon's decision maki..
What are key human resources metrics : What are key Human Resources Metrics and how are they used? Key Human Resources Metrics are standards of measurement by which human resources performance is assessed. Measuring human resource adds value by clarifying the information required to make ..
Bout which discretionary benefits to drop : Many compensation professionals are faced with making choices about which discretionary benefits to drop because funds are limited and the costs of these benefits continually increases such as health care. Explain your rationale. Do such factors as t..
Use the three-sphere model for systems management : Think of a recent change that occurred at your college, in your community, or in the news. Use the three-sphere model for systems management and brainstorm issues related to the change based on the business, technology, and organization spheres. Writ..

Reviews

Write a Review

Operation Management Questions & Answers

  What are the different levels of diversification firms

What are the different levels of diversification firms can pursue by using different corporate level strategies and what are the advantages to diversifying their operations?

  Decision-making options

Assume that you have the following decision-making options: (1) make the decision on your own with available information, (2) consult others before making a decision, and (3) call a meeting and reach a consensus, seeking to arrive at a final decision..

  What is value chain analysis

In order to beat your competition, you must create value for your customers. If a customer perceives that your product or service has value, then they will make a purchase. Answer the following questions about the nature of value: What is value? Why ..

  Discuss how a swot analysis

Discuss how a SWOT analysis might be used for identifying measures in a balanced scorecard. What types of questions might you ask

  Equipment that would provide quality care at a cost savings

Financial management of a department is difficult to say the least. Our departments are labor intensive and have highly technical equipment, both of which are very expensive. Please develop two methods for labor and equipment that would provide quali..

  What types of retailers will your company use

What types of retailers will your company use for distributing your product? Discuss the advantages and disadvantages of using this type of retailer.

  Discuss the shortage of staffing in healthcare

Are there differences in how patients view healthcare vs. how providers view it. Can this result in disagreements about care. Discuss the shortage of staffing in healthcare. Which positions are in short supply, and why. What can be done to alleviat..

  Construct a breakeven chart

The same output quantity and qualities would be maintained. Using a 5-year straight-line depreciation of $1,000,000 per year, construct a breakeven chart.

  What is the probability he is two blocks or less

A robbery has just been committed at the Corner Market in the downtown area of the city. The market owner was able to activate the alarm, and the robber fled on foot. Police officers arrived a few minutes later and asked the owner, “How long ago did ..

  Discuss several characteristics of communication

Luthans and Doh (2012) discuss several characteristics of communication. More specifically, they discuss verbal communication styles. For this question, describe your own verbal communication style by using the major characteristics listed by Luthans..

  Describe the six sigma approach to quality

Describe the Six Sigma approach to quality, including the five steps in the process. How does Six Sigma approach to quality differ from the total quality management approach?

  Analyze and describe why it is significant for management

analyze and explain why it is important for management to provide employees with continuous formal and informal

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