What is the stores current average inventory

Assignment Help Business Management

Reference no: EM133770865

Question

A clothing store sells a line of dress. A dress is sold for $300 and sales average 30 dresses per week. Currently, the store manager orders a 10-week supply at a time from the manufacturer. He has pay $150 per dress, and it takes two weeks to receive each delivery. The Manager estimates that the administrative cost of placing each order at $225 and his cost of inventory at 20%

a) What is the store's annual demand (dresses per year)?

b) What is the store's current order quantity (dresses)?

c) What is the store's current average Inventory (dresses)?

d) What is the store's annual Unit holding cost ($/dress/Year)?

e) What is the store's annual cost of ordering and carrying inventory($)?

Reference no: EM133770865

Questions Cloud

Explain the advantages and disadvantages of the approach : Identify two key resources and two capabilities of the company. Explain the advantages and disadvantages of this approach.

Discuss the rationale for the policy and how it was adopted : Discuss the rationale for the policy, how it was adopted, the funding structure, and its impact. ethical outcome based on evidence.

Child abuse and neglect allegations : Child Abuse and Neglect Allegations. What steps would you need to take to change new policy? Who must approve the changes? How long does it take?

Examine relevant literature and the industry landscape : REM502 Research Methodologies, Torrens University Australia - Identify Challenges and opportunities for Research and Development (R&D) in the Information

What is the stores current average inventory : What is the store's annual demand (dresses per year)? What is the store's current average Inventory (dresses)?

What can we learn from this article that builds on the idea : Share a brief summary of the article. What can we learn from this article that builds on the idea of having a well-executed randomized design?

Explain how to determine an adequate sample size for a study : Explain how to determine an adequate sample size for a study. Discuss factors that might influence the decision on sample size and why these are important.

Transformational leaders can be highly effective in roles : Amelia, great overview of transformational leadership this week. Transformational leaders can be highly effective in their roles,

Explain your rationale and provide examples where possible : Include whether it should remain illegal or whether it should be legalized. Explain your rationale and provide examples where possible.

User Account

All Pages