What is the average cash inventory

Assignment Help Operation Management
Reference no: EM132723544

Average cash withdrawal at the ATM is about $40. Average number of cash withdrawals per week is about 200. The credit union estimates that the fixed cost of filling the ATM is about $100 regardless of the amount of cash put in.

-How much cash should the credit union (inventory level) keep at the ATM if its annual cost of money is 10%?

-What is the average cash inventory?

-How often should the credit union replenish the ATM? What is the elapsed time between each replenishment?

Reference no: EM132723544

Questions Cloud

Calculate the amount that would cancel debt today : A debt of $450.00, principal and interest is to be paid in 9 months. If the current rate of interest is 7.6% per annum, calculate amount that would cancel debt
Examine the elements of the model : Based on the statement above, illustrate the CRM business strategy model and examine the elements of the model. Cite on relevant examples to support your answer
Epidemic-endemic and pandemic occurrence of disease : Should we study epidemiology and disease control as a complement to the provision of healthcare services? Why or why not?
Make all required journal entries to record the transactions : All of the remaining 60 bonds were converted into common shares at this time. Make all required journal entries to record the above transactions
What is the average cash inventory : Average cash withdrawal at the ATM is about $40. Average number of cash withdrawals per week is about 200. The credit union estimates that the fixed cost of fil
Explain whether can recruit cnas and non-cnas : Explain whether you can recruit CNAs and non-CNAs based on the clients' preferences and, if so, how that could be justified based on employment discrimination
What is the predetermined factory overhead rate : The actual direct labor cost totaled $145,000 and factory overhead cost incurred totaled $192,100. What is the predetermined factory overhead rate
Why is the existence of the terrorism risk insurance : Why is the existence of the Terrorism Risk Insurance Program Reauthorization Act so critical to a stable commercial property terrorism insurance market?
Elaborate the term project management : Elaborate the term Project Management how can we compare both terminologies. What do you understand Operations Management in 2020 Practices?

Reviews

Write a Review

Operation Management Questions & Answers

  Nebula produced under research and development contract

Jack Simpson, contract negotiator for Nebula Airframe Company, is currently involved in bidding on a follow-up government contract. In gathering cost data from the first three units, which Nebula produced under a research and development contract, he..

  What conflicts can you anticipate between grace and lindsay

Grace Jones is a four-decade Billing department employee in Happy Hollow Hospital. what conflicts can you anticipate between Grace and Lindsay?

  Leader by analyzing the leader behaviors

Student evaluates their leader by analyzing the leader’s behaviors using the Five Practices of Effective Leaders by Kouzes and Posner;

  Determine the advertising budget allocation

A schedule showing the recommended number of television, radio, and newspaper advertisements and the budget allocation for each media. Show the total exposure and indicate the total number of potential new customers reached.

  Candidates leadership ability based on trait approach

Analyze each candidate’s leadership ability based on a trait approach, a style approach, and a contingency approach.

  What is the productivity of each machine

What is the productivity of each machine? Which machine should be selected based on the productivity?

  Order the end of power and politics in their organizations

Can management order the end of power and politics in their organizations?

  Draw the decision tree

Draw the Decision Tree. Find the EV and SD for Stock Investment option (analytically). Find the EV and SD from the MC experiment

  Create a sales summary worksheet in excel

MIS 204 : Create a sales summary worksheet in excel which contains the information in the given table.

  Use a seamless value chain to transport the product

How would you apply marketing mix to use a seamless value chain to transport the product or service to the customer?

  Review and reflect on the knowledge you have gained

What were the most compelling topics learned in this course?What approaches could have yielded additional valuable information?

  Case study bert donaldson was star performer in the states

Bert Donaldson was star performer in the States. What's going wrong in Europe? Brief Summary of the facts of the case. different issues or challenges in case.

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