What is annual inventory holding cost-annual ordering cost

Assignment Help Operation Management

Reference no: EM13960957

Ross White’s machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the year. These brackets are purchased from a supplier 100 miles away for $19 each, and the lead time is 4 days. The holding cost per bracket per year is 10% of the unit cost and the ordering cost per order is $25. There are 250 working days per year.

What is the EOQ?

Given the EOQ, what is the average inventory?

What is the annual inventory holding cost?

In minimizing cost, how many orders would be made each year?

What would be the annual ordering cost?

Given the EOQ, what is the total annual inventory cost (including purchase cost)?

What is the time between orders?

What is the ROP?

Reference no: EM13960957

Questions Cloud

Automata theory, grammars and languages ip : Task Background: This assignment involves solving problems by using various discrete techniques to model the problems at hand. Quite often, these models form the foundations for writing computer programming code that automate the tasks. To carry ..

Find the planned order releases for all items : One unit of A is composed of two units of B and three units of C. Each B is composed of one unit of F. C is made of one unit of D, one unit of E, and two units of F. Items A, B, C, and D have 20, 50, 60, and 25 units of on-hand inventory, respectivel..

What is the final temperature of the aluminum : A hand help shopping basket 62.0 cm long has a 1.81 kg carton of milk at one end, and a 0.722 kg box of cereal at the other end. Where should a 1.80 kg container of orange juice be placed so that the basket balances at its center?

The materials with the lowest resistance are called : An electron is moved from point A to point B along an equipotential surface.

What is annual inventory holding cost-annual ordering cost : Ross White’s machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the year. These brackets are purchased from a supplier 100 miles away for $19 each, and the lead time is 4 days. What is the a..

What type of relocation package would you expect to receive : What steps would you need to take if you were offered a job that resulted in you having to relocate to another state? What type of relocation package would you expect to receive?

Valid decision based on the multiple interviews : What are some valid methods that you would use as an HR generalist to compile the results of all interviewers into something remotely resembling order, so that a valid decision based on the multiple interviews could be made?

Data on annual sales tax collections and car registrations : City government has collected the following data on annual sales tax collections and new car registrations over the past 7 years: Determine the least squares regression equation. What does a and b represent in the context this problem?

Determine dielectric thickness and sheet resistance : Determine the dielectric thickness and determine the sheet resistance - Determine the sheet resistance RSH (ohms/square), the contact resistance RC (ohms) and the doping density

User Account

All Pages