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 reliable when choosing health care providers, Look at this website:...

Look at this website: customer satisfaction WHYY news report.mht 1. Do you feel that consumer/patient reviews are reliable when choosing health care providers? 2. Do you feel tha

Management of change projects, Choose an Operations Management problem rela...

Choose an Operations Management problem relating to an organisation with which you are familiar and undertake a critical review. This should include (indicative marks provided):

Situational Leadership Theory, Describe possible gaps you observe within Si...

Describe possible gaps you observe within Situational Leadership Theory. What strategies or adjustments in your own behavior, thinking, or worldview might you consider or employ to

Explain straight-line depreciation, The expected average rate of return for...

The expected average rate of return for a proposed investment of $500,000 in a fixed asset with a useful life of four years, straight-line depreciation, no residual value, and an e

Explain a way in which resistance to change can be reduced, According to di...

According to dictionary.com, the term change is defined as follows: -verb (used with object) 1. to make the form, nature, content, future course, etc., of (something) different

Explain the probable destiny competing products, Consider this: Lee Peterso...

Consider this: Lee Peterson has invented a new product that detects water leaks due to broken pipes and sends out an alarm similar to a smoke alarm. However, Lee has very little pe

Explain strategic and budgetary decisions, Identify and discuss factors tha...

Identify and discuss factors that can increase the size and complexity of the information system structure (beyond those discussed in the text). •Make at least three recommendation

What are some merits of a pay-for-knowledge pay system, What are some advan...

What are some advantages of a pay-for-knowledge pay system?

What is utility of materials requirement planning, What is utility of mater...

What is utility of materials requirement planning second to manufacturing operations? It is evolved by MRP-I. A system which incorporates not only material needs, but all manuf

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