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

Explain productivity change for labour and investment, Charles Lackey opera...

Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 25% in the last year. On far too many occas

Strategic service concept and service delivery system, Strategic Service Co...

Strategic Service Concept and Consideration of Service Delivery System Service has been singled out for particular attention. Product differentiation is a relatively visible

Explain protocols are important in medicine, Protocols are important in med...

Protocols are important in medicine. We use them anytime that a particularly important process needs to be completed in a sequential way for the benefit of our patients. What is yo

Explain employee for a top management position, Which would be the required...

Which would be the required qualifications to consider an employee for a top management position?

System complexity - boulding taxonomy, System complexity - Boulding taxonom...

System complexity - Boulding taxonomy  To obtain an insight into the nature of the system with which the operations manager is dealing, consider the economist Kenneth Boulding

Assignment help, discuss the advisability using modular assemblies in manuf...

discuss the advisability using modular assemblies in manufacturing or what are the advantages and disadvantages?

Explain expert role for human resource professionals, The functional expert...

The functional expert role for human resource professionals: Answer A) is concerned with looking out for the interests of management B) is concerned with providing inputs that help

Work study, what are all steps involved in work study

what are all steps involved in work study

Explain project form more common or the exponential form, Is the stretched-...

Is the stretched-S life cycle project form more common or the exponential form? What other aspects of managing a project are affected by the nature of the project form besides budg

Process of procurement of raw material and components, Explain the process ...

Explain the process of the procurement of raw material and components. Managing the procurement of raw material and components into the production process of an organisation ca

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