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 some of the near-term and long-term results, As the industry watche...

As the industry watches to see how United Airlines' strategy performs against American Airlines' strategy, management at United Airlines is anxiously monitoring market signs to det

Explain furniture manufacturer can maximize its revenue, A furniture manufa...

A furniture manufacturer produces tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board f

Line management, what do you mean by "line balancing''? what happens if bal...

what do you mean by "line balancing''? what happens if balance doesn''t exist?

Explain difference between two population means, In estimating the differen...

In estimating the difference between two population means, if a 95 percent confidence interval includes zero, then we can conclude that there is a 95 percent chance that the differ

Explain what changes should be made in the wage, A father decides to put hi...

A father decides to put his two sons to work landscaping. The business involved going to a customer's home and providing landscaping services (cut gras, edge sidewalk, pull weeds i

Explain measurements used in the selection process, Briefly, identify and d...

Briefly, identify and describe, in your own words, the different measurements used in the selection process. What are the advantages and disadvantages of each?

Show the importance of e-commerce in product design, Question 1: (a) Op...

Question 1: (a) Operations management is an integral part of an organisation. Show how operations management can contribute to the success of an organisation. (b) Differen

When the dividend is expected to grow, Harrison Clothiers' stock currently ...

Harrison Clothiers' stock currently sells for $26.00 a share. It just paid a dividend of $2.25 a share (i.e., D0 = 2.25). The dividend is expected to grow at a constant rate of 7%

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