What point should warehouse reorder shoes

Assignment Help Cost Accounting
Reference no: EM132655892

The General Tyre and Rubber Company of Pakistan Limited (GTR) produces and sells an excellent quality Tyre. After production, the Tyres are distributed to 70 warehouses around the country. Each warehouse services approximately 2000 stores in its region. General Tyre and Rubber Company uses an EOQ model to determine the number of Tyres to order for each warehouse from the factory. Annual demand for Warehouse P4 is approximately 430,000 Tyres. The ordering cost is Rs.450 per order. The annual carrying cost of a pair of Tyres is Rs. 3500 per Tyre.

Problem 1. Use the EOQ model to determine the optimal number of tyres per order.

Problem 2. Assume each month consist of approximately 4 weeks. If it takes 1 week to receive an order, at what point should warehouse P4 reorder shoes?

 

Reference no: EM132655892

Questions Cloud

Recruitment-training and police socialization : From your perspective, determine the most significant problem preventing recruiters from obtaining a viable applicant pool.
Prepare journal entry for pension plan expense : The corporation's actuary provides the following information about the plan - Prepare Journal Entry for Pension Plan expense 2019
Difference between secondary and primary data : 1. What is the difference between secondary and primary data?
What is predetermined overhead rate per direct labor hour : Labor hours are used to determine the predetermined overhead rate. What is the predetermined overhead rate per direct labor hour?
What point should warehouse reorder shoes : Assume each month consist of approximately 4 weeks. If it takes 1 week to receive an order, at what point should warehouse P4 reorder shoes?
What point should warehouse reorder shoes : Assume each month consist of approximately 4 weeks. If it takes 1 week to receive an order, at what point should warehouse P4 reorder shoes?
What point should warehouse reorder shoes : Assume each month consist of approximately 4 weeks. If it takes 1 week to receive an order, at what point should warehouse P4 reorder shoes?
Describe a specific physical exam that you can perform : Based on your performance on the PHYSICAL EXAM collection, describe one key finding that you included in your list and describe a specific physical exam.
Difference between observational and questionnaire data : What is the difference between observational and questionnaire data?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Ryan ross 111-11-1111 oscar oleander 222-22-2222 clark

ryan ross 111-11-1111 oscar oleander 222-22-2222 clark carey 333-33-3333 and kim kardigan 444-44-4444 are equal members

  Questionclark sells an office building through the current

questionclark sells an office building through the current year for 600000. the building was purchased in 1981 for

  What would be the total prevention cost appearing on quality

Find What would be the total prevention cost appearing on the quality cost report? What would be the total appraisal cost appearing on the quality cost report?

  Find the beta of security abc

Find the beta of Security ABC.y = standard normal random variable and uncorrelated with Rm. (This is all the info given)

  Shurshot sports inc manufactures basketballs for national

shurshot sports inc. manufactures basketballs for national basketball association nba. for first 6 months of 2014 the

  Prepare coq report and classify costs as prevention

Prepare a cost-of-quality (COQ) report and classify the costs as prevention, appraisal, internal failure, and external failure. Express each category subtotal as a percentage of total COQ.

  Construct a schedule of cost of goods sold

Construct a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold.

  Major league bat company manufactures baseball bats in

major league bat company manufactures baseball bats. in addition to its goods in process inventories the company

  What accounting principle would changing methods

What would you think of a companys ethics if it changed accounting methods every year - what accounting principle would changing methods every year violate

  1 if you had to select between the direct method or the

1. if you had to select between the direct method or the step down method which could you choose? 2. if you were to

  Find what is the total amount of overhead costs assigned

Assuming an activity-based costing system is used, what is the total amount of overhead costs assigned to the standard model?

  Data for the fiscal year ending june

Riley Manufacturing Company has accumulated the following data for the fiscal year ending June 30, 2018. Income Statement information

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