Explain should wang take the quantity discount, Operation Management

Assignment Help:

Wang Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Wang is $400. Carrying cost is estimated to be 20% of the unit costs, and the ordering is $25 per order. If Ping Wang, the owner, orders in quantities of 300 or more, he can get a 5% discount on the cost of the detectors. Should Wang take the quantity discount?

Related Discussions:- Explain should wang take the quantity discount

Explain productivity change for labour and investment, Refer to problem 1.1...

Refer to problem 1.13. The pay will be $8 per hour for employees. Charles lacket can also improve the yield by purchasing a new blender. The new blender will mean an increase in hi

Explain ensures goals and satisfaction, All of the following items describe...

All of the following items describe the sponsor's responsibilities for the project EXCEPT: A. Defines performace / success criteria B. Selects a manageable set of project to

What are the advantages accrue to training evaluation, What advantages accr...

What advantages accrue to training evaluation that measures return on investment (ROI)? What are some of the obstacles to implementing ROI measures, and how can they be overcome?

Process capability - statistical process control, Process Capability - Stat...

Process Capability - Statistical Process Control The controls charts described so far are concerned with maintaining the stability of a process, but they offer no comment on

Explain attempt to change an organizations culture, How would an OD (organi...

How would an OD (organizational practitioner) attempt to change an organizations culture?

Flow Time, You know that our average weekly sales are $2,500 and the flow t...

You know that our average weekly sales are $2,500 and the flow time is half day. Surely with this information, you should have no problem maintaining an inventory level of $400 to

Evaluation of locations, what is cost profit volume?

what is cost profit volume?

Product layout., define the following key terms in product layout; product...

define the following key terms in product layout; product interval time, product duration, assembly line balancing

Compute the probability, The probability Mary will receive an A in a class ...

The probability Mary will receive an A in a class is 0.51. Assuming independence, if she is taking 5 classes this semester, calculate the probability she will receive exactly 3 A's

Partial factor and total factor productivity, Consider - a small manufactur...

Consider - a small manufacturing company which produces high quality furniture has provided the following data: 2

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages