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 what do you think sally should do, Case 2 Individual or Team Reward...

Case 2 Individual or Team Reward? Jack Hopson has been making wood furniture for more than ten years. He recently joined Metropolitan Furniture and has some ideas for Sally Boston,

Describe the concepts of empowerment, Explain the concepts of empowerment, ...

Explain the concepts of empowerment, self-managed teams, and cross-functional teams, and develop an essay that argues for their inclusion in either a tall or flat organizational st

Compute the appropriate loan table, You just took a $20,000, eight-year loa...

You just took a $20,000, eight-year loan. Payments at the end of each year are flat (equal in every year) at an interest rate of 8 percent. Calculate the appropriate loan table, sh

Explain what is the method of monitoring, What is the method of monitoring ...

What is the method of monitoring and reviewing in risk management?

Explain five common reasons that projects crash, Discuss two of the five co...

Discuss two of the five common reasons that projects crash. Relate your response to a project failure that you have experienced or witnessed

Describe expected monetary value, XYZ coating company has reviewed four new...

XYZ coating company has reviewed four new processes for improving their coating line. The four processes, labeled A, B, C, and D use different technology and have different capacit

Differentiation scheme that focuses on quality products, XYZ's Inc. Schedul...

XYZ's Inc. Scheduling System Started in Jacksonville, Indiana in 1983 at Mick's Lounge, where Papa John, John Schnatter, started a pizza delivery business within his father'

Explain human capital measurement from insight to action, In article "Human...

In article "Human Capital Measurement: From Insight to Action," authors Whitaker and Wilson Is human capital performance effectively measured through in relationship between Sta

Why expected profit to be positive, A job shop receives an order for high p...

A job shop receives an order for high precision formed parts. The cost of producing each part is approximately $20,000. The customer requires that either 4 or 5 good parts be suppl

Explain what effective leadership means, Describe what effective leadership...

Describe what effective leadership means to you. Who determines a leader's effectiveness? Provide details and examples to support your thoughts.

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