What is optimal order quantity

Assignment Help Operation Management
Reference no: EM132241196

1. Assume the following:

Fixed Ordering Cost: $100

Unit product cost to obtain: $2.00

Sell Price: $5.00

Annual holding cost: 30%

Daily demand: 50 units

Daily demand variance: 4 units

Leadtime: 4 weeks

Service level: 99%

What is the optimal order quantity?

2. Which of the four global strategies does Mcdonalds use and Explain in detail all those activities/factors in your opinion that help this company carry out its chosen global strategy effectively.

3. Describe a global matrix structure. Why do firms use it? Provide an example.?

4. How is SWOT Analysis helps a firm to evaluate the visibility of various strategies and position itself favorably in the market place?

Reference no: EM132241196

Questions Cloud

Corporate leadership brand and personal leadership brand : Compare and contrast the similarities and differences between building a corporate leadership brand and a personal leadership brand.
What is optimal order quantity : Let us suppose weekly demand is 200 units. The cost per unit is $2.50, and you sell the product for $4.00. What is the optimal order quantity?
Disregard any inventory : How many cases per minute must be produced to meet the annual sales forecast? Disregard any inventory; assume JIT.
Universal model of leadership in mastering leadership : Compare the Universal Model of Leadership in Mastering Leadership to one other leadership model.
What is optimal order quantity : What is the optimal order quantity?
Plan an experiment : Plan an experiment. You do not have to do the actual experiment, just “imagine” it. Define how test subjects (the sample ) will be selected
Company carry out its chosen global strategy effectively : Explain in detail all those activities/factors in your opinion that help this company carry out its chosen global strategy effectively.
Discuss the importance of disaster recovery : Discuss the importance of Disaster recovery.
Describe how you would package the product : Your company has just made the scientific breakthrough of the century. Describe how you would package the product.

Reviews

Write a Review

Operation Management Questions & Answers

  Does not have long-term attractiveness

explain the major factors that enter into an assessment of whether an industry does or does not have long-term attractiveness?

  Experienced economic growth for the factor selected

Select one that you believe to be the most influential and explain why. Provide specific examples of one or more countries that have experienced economic growth for the factor selected.

  Address patient health care record handling and disposal

Create policy statements that align with HIPAA regulations that address patient health care record handling and disposal.

  Convert the payoff matrix to utility values

Suppose that the utility function for the owner of Morely Properties can be approximated by the exponential utility function U(X) = 1 - e^(-x/R) where the risk tolerance value R=100 (in $1,000s).

  Explain how constraints occur in system designs

Explain how constraints occur in system designs. Identify an example of a constraint you have encountered recently in your everyday life—whether at work or shopping.

  Define enterprise resource planning

You will require including information such as cost, compatibility with current systems also work flow processes, functionality, ease of use also end user support.

  What are some of the consequences the policy creates

What are some of the consequences (on consumers and producers) the policy creates?

  What about the javelins

It was strong and flexible. Their first products were fish hooks which were made from the flexible wire that they were able to produce.

  How does goundrey fit into voncors overall strategy

Assess Vincor's global competitive position in the wine industry. Does it make sense for Vincor to try and become a global top 10 player? Why?

  Key tensions between sales and operation divisions

Describe likely key tensions between sales and operation divisions of small manufacture that mostly produces to local market in a commerical airline industry?

  What are three sales promotion strategies

What are three sales promotion strategies? Compare and contrast the three strategies and use one product to illustrate each strategy.

  Cross-cultural research on leadership

What was not considered as an important question in the cross-cultural research on leadership?

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