Find what is the economic order quantity, Operation Management

Assignment Help:

The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves, the Western, has an annual demand of 6,000 units. The price of each valve is $76, the inventory carrying cost is $5, and the ordering cost is $150 per order.

What is the economic order quantity?


Related Discussions:- Find what is the economic order quantity

500, find the optimal location for kilroy"s distribution center in this exp...

find the optimal location for kilroy"s distribution center in this expanded version of the problem

Products and services of a company - customer perspective, Products and Ser...

Products and Services of a Company - Customer Perspective In this perspective, the company needs to depict the way by which the internal and external customers value the compa

Explain logistical and visual elements, Like other large airlines, Global A...

Like other large airlines, Global Airlines has a points-based incentive program. Customers who join Global's FreeMiles program earn points by purchasing tickets from Global or by u

Propose an ordering policy, Bookstore buys a popular freshman physics book ...

Bookstore buys a popular freshman physics book at $30 each and sells it to students at $50 each.  The same book is used for Fall and Winter terms.  The demand for books is distribu

Explain value-creation processes and supporting processes, Differentiate be...

Differentiate between value-creation (core) processes and supporting processes. Provide an example of each process

Calculate sample mean & superimpose the frequency histogram, 1. (a) For the...

1. (a) For the measurement data presented below, draw a frequency histogram using a class width of 0.1 mm; calculate the sample means and superimpose their frequency histogram; com

Explain the ftc prohibit the use of this commercial, Perfect Face Cream ran...

Perfect Face Cream ran a commercial to showcase its new Wrinkle-Free Face Cream. The commercial showed an older woman with severe wrinkles followed by images of that same woman aft

Explain high quality information, Analysis: categorize the five common char...

Analysis: categorize the five common characteristics of high quality information and rank them in order of importance to carnival cruise.

Performance prism - performance and productivity measures, Performance Pris...

Performance Prism - Performance and Productivity Measures Neely and Adams (2000) argue that in their recent research managers and academics highlight the need for a fresh pers

Explain your approach to tracking a project, Describe your approach to trac...

Describe your approach to tracking a project. What kinds of issues would you focus on if you were a project manager? Why?

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