Explain humidity can be controlled, Operation Management

Assignment Help:

Company A uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. Company A uses 800 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $50 per order. The cost schedule of 2 suppliers are as follows: VENDOR 1 VENDOR 2 QUANTITY PRICE/LB QUANTITY PRICE/LB 1-499 $17.00 1-399 $17.10 500-999 16.75 400-799 19.85 1000 + 16.50 800-1,199 16.60 1200 + 16.25. a) What is the economic order quantity for each supplier? b) What quantity should be ordered, and which supplier should be used? c) What is the total cost for the most economic order size? d) What factor(s) should be considered besides total cost?


Related Discussions:- Explain humidity can be controlled

I want to have someone to do a case study, I need to have someone to do a c...

I need to have someone to do a case study for me using a case study template. Has to be all original.

Explain the differences unsecured credit and secured credit, Compare and co...

Compare and contract unsecured credit and secured credit, and explain the key differences. Provide an example for each.

Operations and Maintenance document, Hello, I need some help for O & M doc...

Hello, I need some help for O & M doc. So I am looking for a template or How and what to be included in the doc for a public facing Azure Website built using Drupal 8. Thanks

Describe communication skills, From the scenarios, we see that Chris and Er...

From the scenarios, we see that Chris and Erica have different communication styles that could potentially have a negative impact on the business. Suggest at least two strategies t

Explain management rights, Identify the differences between the two theorie...

Identify the differences between the two theories of management rights. Discuss reasons why they are poles apart in determining whether management has responsibilities other than t

Describe how problems can arise with a functional structure, As organizatio...

As organizations grow and differentiate, problems can arise with a functional structure. Describe and explain the problems that may arise and how organizations may respond.

Explain violate a federal law, Agents and employees of Apples Corporation a...

Agents and employees of Apples Corporation and Oranges Corporation are convicted of conspiring to violate a federal law that is punishable by a term of imprisonment and a fine. Can

Describe regards to ethical business practices, I have a question in regard...

I have a question in regards to ethical business practices. Businesses are concerned with their profits, most directly sustaining and improving. One business comes to mind, Apple.

Disadvantages, what are the disadvantages of operation management?..

what are the disadvantages of operation management?..

Customer needs - business strategy, Customer Needs - Business Strategy ...

Customer Needs - Business Strategy A key aspect of developing business strategy is the determination of customer needs and wants in the markets to be targeted. There are many

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