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 significance of the brainstorming suggestions, Assess the significa...

Assess the significance of the brainstorming suggestions and determine how you might use this information to improve the chances of the project's success

Explain what are the upper and lower control chart limits, The defect rate ...

The defect rate for a product has historically been about 2.4%. What are the upper and lower control chart limits for a p-chart, if you wish to use a sample size of 100 and 3-sigma

What are the characteristics of service organisations, What are the charact...

What are the characteristics of service organisations? The characteristics of service organisations are as given below: a. Intangibility for illustrations no physical subs

Explain is quality integrated into the walmart''s logistics, In a 2-3 page ...

In a 2-3 page paper answer the following question. Is quality integrated into the Walmart's logistics process?

What challenges does develops his five year product roadmap, What challenge...

What challenges does Adam-Woodford face as he develops his five year product roadmap?

Define how the data resource management methods need, Discuss how the data ...

Discuss how the data resource management methods of today will need to evolve as more types of data emerge. Why the role of a data steward is considered innovative? Explain.

Explain all types of worker's participation, Explain all types of worker's ...

Explain all types of worker's participation. Types of Worker's Participation - Worker's participation in management may take several forms, for example:   (a) Formal partici

Define the temporal flexibility workforce, Define the temporal flexibility ...

Define the temporal flexibility workforce. Temporal flexibility can be accomplished by varying the hours worked through employees within response to changes into demand for

Define high inventory holding cost can lead to low eoq value, 1)The standar...

1)The standard time at Lensco Inc for grinding a set of prescription lenses is 18 minutes. If the typical efficiency for their operations is 80%, and typical machine reliability is

How to create a high-level objective for each functional, I have determined...

I have determined that McDonald's utilizes a Divisional Structure by Geographic Region organizational structure. First, is this correct? Second, what type of structure would best s

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