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

Determine the wbs shown below, Consider the WBS shown below: 1.00.00 1.1...

Consider the WBS shown below: 1.00.00 1.1.0 1.1.1 1.1.2 1.2.0 1.2.1 1.2.2 If the total program costs $100,000 and 1.2.1 and 1.2.2 are each $20 K, then the cost of 1.1.0 is:

Explain advantages of division of labour, Explain advantages of Division of...

Explain advantages of Division of Labour.  As the same worker does similar work repeatedly:- (i) It gains proficiency and skill on the job and becomes a professional. (ii

Explain handheld computer or a tablet computer, Which would you rather have...

Which would you rather have - a handheld computer or a tablet computer? Why?

Calculating idle time and itilization, How do I calculate idle time and uti...

How do I calculate idle time and utilization in a two=stage processing problem?

Explain how would you use six sigma in your work environment, How would you...

How would you use Six Sigma in your work environment?

Explain organizational structure, Analyze the reason for the type of organi...

Analyze the reason for the type of organizational structure employed by the organization, and identify the key positions that support that organizational structure.

How is capacity management important in the organisation, How is capacity m...

How is capacity management important in the organisation? Capacity management: Capacity management is a procedure which seeks to make sure that the organisation can contr

What is image management, After the occurrence of Hurricane Katrina, insura...

After the occurrence of Hurricane Katrina, insurance companies refused to pay claims to insurance holders who paid premiums on time and had binding legal contracts. What do you thi

Break Even Sales, K Ltd a multi product company, furnishes you the followin...

K Ltd a multi product company, furnishes you the following data relating to the year 2000. First half sales Second half sales Sales Rs.45000 Rs.50000 Total cost Rs.40000 Rs.43000

Line balancing, what happens if line balancing does not exist

what happens if line balancing does not exist

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