Explain the manager would prefer ordering, Operation Management

Assignment Help:

A food processor uses approximately 29,730 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding cost is 18 cents per jar, and reordering cost is $60 per order. The company operates an average of 20 days a month.

The manager would prefer ordering 10 times each month but would have to justify any change in order size. One possibility is to simplify order processing to reduce the ordering cost. What ordering cost would enable the manager to justify ordering every other day?


Related Discussions:- Explain the manager would prefer ordering

I want examples of some of these that are associated stories, I need exampl...

I need examples of some of these that are associated with the university. Liberty University. I know what they are i just need help with stories or exaples of these things that are

Compare as well contrast copyrights, Compare and contrast patents, copyrigh...

Compare and contrast patents, copyrights, and trademarks. Evaluate how these provisions can improve the financial position of a small business.

Explain the building blocks of competitive advantage, Discuss the building ...

Discuss the building blocks of competitive advantage and the role a manager should play in achieving this advantage.

Supply chain operation, Please diagram a supply chain.  I prefer that you d...

Please diagram a supply chain.  I prefer that you diagram the supply chain of your company.  However, some of you may wish to select another supply chain with which you are familia

Explain probabilites for grades in management science, The following probab...

The following probabilites for grades in management science have been determined based on the past records: Grade Probability A .10

Explain about the organization and its resources, 1. How to characterize yo...

1. How to characterize your supervisor's approach to management? For example, which particular management tasks and roles does this person perform most often? What kinds of managem

Explain waiting for my physical delivery, Can I access the eBook while wait...

Can I access the eBook while waiting for my physical delivery?

Explain the importance of learning curves, Describe the importance of learn...

Describe the importance of learning curves in a services-based operation and how they can be used to increase organization efficiency. Please provide a specific example.

Difference between, Give difference between assembler, compiler and interpr...

Give difference between assembler, compiler and interpreter

Calculate the quarterly index, Over the past year, Meredith and Smunt Manuf...

Over the past year, Meredith and Smunt Manufacturing had annual sales of 10,000 portable water pumps. The average quarterly sales for the past 5 years have averaged: Spring 4,00

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