inventory control research, Operation Research

Assignment Help:

Given an inventory system where

Yearly demand = 120 units

Ordering cost = Sh. 45

Price per unit = Sh. 200

Annual carrying cost = 24% of the unit cost

Determine The economic order Quantity

The supplier offers a 1% discount on the unit price if the items are
purchased in lots of 100 at a time. Should the management accept the
offer?

Determine the minimum percentage discount that will make the offer
attractive?

Related Discussions:- inventory control research

Pert and cpm, what is pert and cpm?

what is pert and cpm?

Objectives of measuring dispersion - measure of dispersion, Objectives of M...

Objectives of Measuring Dispersion a. To judge the Reliability of Measures of Central Tendency: Measure of dispersion is the only means to test the representative charac

Methods of calculation of standard deviation , Methods of calculation of ...

Methods of calculation of standard deviation a. Calculation of Standard Deviation - Individual Series: There are two methods of calculating standard deviation in an ind

transportsation, vogel

vogels

Graphical solution procedure, Graphical Solution Procedure sample assignmen...

Graphical Solution Procedure sample assignment and solved questions, free examples and solved homework samples for Graphical Solution Procedure in operation research. Question

Blk, bkjb

bkjb

Non parametric tests - hypothesis testing, NON PARAMETRIC TESTS All ...

NON PARAMETRIC TESTS All practical data follow normal distribution under such situations can estimate the parameters such as mean variance etc ,,, and use the standard

compute probabilities-transitions and transition rate, Consider a queueing...

Consider a queueing system with 1 counter, to which groups of customers arrive according to a Poisson proces with intensity l. The size of a group is 1 with probability p and 2 wit

Classification of documents - books, Books: Books form one of the pri...

Books: Books form one of the primary sources of information. They provide a cohesively organised (thought content) information on a specific subject of optimum depth. Since b

Game theory, if there were n workers and n jobs there would be

if there were n workers and n jobs there would be

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

User Account

All Pages