Explain company is using the economic order quantity, Operation Management

Assignment Help:

Part 1:
A company is using the Economic Order Quantity (EOQ) model to manage its inventories. Suppose its inventory holding cost per unit per year doubles while the annual demand and the ordering cost per order do not change. What will happen to the EOQ?

It doubles.

It increases by 41.42%.

It remains the same.

The EOQ reduces by about 30%.

It quadruples (increases by 400%).


Related Discussions:- Explain company is using the economic order quantity

Explain the internal and external environments, Describe the internal and e...

Describe the internal and external environments of 2 real world companies using an environmental scan. What competitive advantages does each company have and what strategies are ea

When good faith bargaining requires, Good faith bargaining requires the par...

Good faith bargaining requires the parties to come to an agreement about both mandatory and permissive items

What is reputation management, The practice of caring for the "image" of a ...

The practice of caring for the "image" of a firm is sometimes referred to as reputation management. Select a company or individual who you believe has a controversial reputation an

What is cutting stock problem, Consider the cutting stock problem that aris...

Consider the cutting stock problem that arises when a company manufactures sheets of standard width 100 and has commitments to supply 40 sections of width 40, 60 sections of width

Technology which encourages user contributions, Technology which encourages...

Technology which encourages user contributions and interactivity is known as Web 2.0.

What is prime cost, What is Prime Cost? The sum of Direct Labour Cost, ...

What is Prime Cost? The sum of Direct Labour Cost, Direct Expenses and Direct Material Cost is Prime Cost.

Linear programing problem, A paper mill produces two grades of paper viz., ...

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

What must an organization do to prepare for such a risk, Product contaminat...

Product contamination is a catastrophic event, both for the organization at fault and for the victims. Cases of product contamination frequently make the news. Find an example o

Answer, the desired daily output for an assembly line is 360 units.this ass...

the desired daily output for an assembly line is 360 units.this assembly line will operate 450 minutes per day

Process Model - Serivces, Apply a proces smodel to a services industry proc...

Apply a proces smodel to a services industry process that experiences problems with either internal or external customers. Discuss all elements

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