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

Explain providing detailed project management methodologies, Portfolio alig...

Portfolio alignment helps an organization achieve its goals by A. Adopting highly similar project to insure against failure B. Including a complement of projects with differe

Explain ways you expect to use format design, Commercial and personal Websi...

Commercial and personal Websites, as well as print media, design their formats and include visuals for optimal audience appeal. Select a Website or print medium for this reflective

Explain quality, Explain Quality. Quality: It is explained as fitness...

Explain Quality. Quality: It is explained as fitness of purpose. It is a relative term and is normally explained with reference to the end utilize of the product. For illustr

Assignment, transformation process in an organization

transformation process in an organization

Explain switching methods, Which of the following switching methods is fast...

Which of the following switching methods is faster? A. cut-through mode B. source-route C.store and forward D. translational

Provide source of enlightenment to the problem, Assume you are the CFO of A...

Assume you are the CFO of ABC Corporation, a multi-state supplier of janitorial supplies. The CEO as just met with you and "suggested" your job might depend on your ability to hide

#tLean synchronization, Examples of how companies use lean synchronization ...

Examples of how companies use lean synchronization to reduce the environmental impact of their products

Process improvement doesn''t affect traditional organization, Which of the ...

Which of the following is true? Process improvement is more efficiently undertaken within one organizational function. Process improvement does not affect traditional organiz

Imagine this is the only position of its kind organization, Imagine this is...

Imagine this is the only position of its kind in the organization. From this perspective, design a performance appraisal program to assess your job performance.

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