Calculate the economic order quantity, Operation Management

Assignment Help:

A local nursery greens uses 1560 bags of plant food annually. Green works 52 weeks per year. It costs $10 to place an order for plant food. The annual holding cost rate is $5 per bag. Lead time is one week.

(a) Calculate the economic order quantiyu
(b) Calculate the total annual costs
(c) Determine the reorder point


Related Discussions:- Calculate the economic order quantity

Explain which one minimizes their cost, A swim club is designing a new pool...

A swim club is designing a new pool to replace its old pool. The new pool would need to last for 10 years since the club is planning on relocating after 10 years. A concrete shell

Explain business relationship, Joan has been a manager with Argos for the p...

Joan has been a manager with Argos for the past 15 years. She is known to be aggressive and tough and always gets results. She is demanding of her employees and is often brusque wi

Why is it vital for a leader to be able to manage cultuers, Why is it impor...

Why is it important for a leader to be able to manage across cultures? Communicate your thoughts on the following statement: Leaders who cannot understand cultural differences in p

Explain reduce time in calculating customers, New software has been purchas...

New software has been purchased to reduce time in calculating customers' accounts. Establishing report and effective communication with team members is primary importance to make t

Explain flight reservations and vacation packages, Which strategy does this...

Which strategy does this exemplify? Kayak and Orbitz provide their customers with a variety of travel options including flight reservations, vacation packages, flight and hotel opt

Explain how does the institutional environment, How does the institutional ...

How does the institutional environment and view come into play for Oxford in this case?

Cattell''s 16pf test is normally associated, Cattell's 16PF test is normall...

Cattell's 16PF test is normally associated with Employee selection

Question 2, Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to ...

Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330 This exercise illustrates how when deciding among

Explain a corporation is chartered under state laws, A corporation a. is...

A corporation a. is chartered under state laws. b. is chartered under federal laws c. remains in existence only as long as its owners are alive. d. shifts liability of

Write Your Message!

Captcha
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