Explain how many items need to be counted each day, Operation Management

Assignment Help:

Howard Electronics, a small manufacturer of electronic research equipment, has approximately 7,000 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 10% of the items in inventory are A items, 35% are B items, and 55% are C items. She would like to setup a system in which all A items are counted monthly (every 20 days), all B items are counted quarterly (every 60 working days), and all C items are counted semi-annually (every 120 working days). Question: How many items need to be counted each day?


Related Discussions:- Explain how many items need to be counted each day

Range - statistical aspects of variability, Range - Statistical Aspects of ...

Range - Statistical Aspects of Variability The range is simply the difference between the highest and lowest measurements recorded. Let us say that, in this case, the highest

Explain diversity practices of your organization, Analyze the diversity pra...

Analyze the diversity practices of your organization to determine if it is engaged in surface-level or deep-level diversity. Provide specific examples to support your response

Explain description of the concepts of offer, The paper must be four to fiv...

The paper must be four to five pages excluding title page and reference pages, following APA format. Address all of the following parts of this assignment: Suppose that the F

List few of the strategic issues in supply chain management, The importance...

The importance of Supply Chain Management cannot be underestimated because it ensures that the right materials are at the right place at the right time at a minimal cost and maximu

What are programmed decisions, What are programmed decisions? Decisions...

What are programmed decisions? Decisions made in accordance with several habit, rule or procedure are termed as Programmed Decisions.

Explain how the ebq change if the set-up costs is reduced, How would the EB...

How would the EBQ change if the set-up costs were reduced by 50 percent, and the holding costs were reassessed by 40 percent, taking account of the opportunity costs of capital at

Explain common challenges of managing projects, Discuss common challenges o...

Discuss common challenges of managing projects and the value of effective management to an organization

Explain what assignment minimizes the total traffic flow, Six processes are...

Six processes are to be laid out in six areas along a long corridor at Linda Babat Accounting Services. The distance between adjacent work centres is 40 feet. The number of trips b

Formulate a problem as a linear programming problem, The Grand Valley Compa...

The Grand Valley Company, run by the J. Motwani family, produces two products: bed mattresses and box springs. A prior contract requires that the firm produce at least 30 mattresse

Evaluate optimal order quantity, (a) Supply chain management is the integr...

(a) Supply chain management is the integration of the activities that procure materials and services, transform them into intermediate goods and the final product, and deliver the

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