Explain average inventory level, Operation Management

Assignment Help:

1. Custom Computers, Inc. assembles custom home computer systems. The fan assemblies needed are bought for $24 each and are ordered in quantities of 1500 units. Annual demand is 7500 fan assemblies, the annual inventory holding cost rate is $4 per unit, and the cost to place an order is estimated to be $60. Calculate the following-

a. Average inventory level

b. The number of orders placed per year

c. The total annual inventory holding cost

d. The total annual ordering cost

e. The total annual cost


Related Discussions:- Explain average inventory level

Explain disadvantages of each decision that elaine has made, Discuss the ad...

Discuss the advantages and disadvantages of each decision that Elaine has made

Quantitative layout analysis, Quantitative Layout Analysis Once a layo...

Quantitative Layout Analysis Once a layout is prepared, before accepting it should be evaluated quantitatively and compared with other alternative layouts to have a better lay

Explain definition of a project, Definition of a Project •Analyze how proje...

Definition of a Project •Analyze how project management supports the concept of strategic planning.

Line balancing, what do you understand by line balancing? what happens if b...

what do you understand by line balancing? what happens if balance does not exist?

Statistical Process Control (SPC), I have an excel assignment for the SPC, ...

I have an excel assignment for the SPC, so I want to know if you could do it and how much will it cost?

Operation Management, A paper mill produces two grades of paper viz., X and...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

List of operation., List the operation involved in any buying and selling b...

List the operation involved in any buying and selling business?

How minimize the work-in-process inventory, The production manager must det...

The production manager must determine the processing sequence for 7 jobs through the grinding and debarring departments. The same sequence will be followed in both departments. The

Get a financial analysis of coca cola comparing the past 5y, Where can i fi...

Where can i find a financial analysis of coca cola comparing the past 5yrs from 2009-2013. Something in a word format would be help

Explain the framework of the general model of planned change, Describe the ...

Describe the framework of the general model of planned change. Include a discussion of each activity and a typical sequence of events.

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