Nis sound systems, Electrical Engineering

Assignment Help:

NIS Sound Systems, Inc. produces and sells sound systems for both home and auto. DVD players used in the assembly of NIS systems are purchased from BUN Electronics. NIS purchasing agent currently submits a purchase requisition for DVD players 13 times a year, and their order size generally remains fixed from cycle to cycle. The company's annual requirements for DVD players total 5,000 units (20 units per working day), and the cost per unit is $60. The supplier has been quite reliable with deliveries; total time between date of order and the date of receipt is 5 days. Associated with the purchase of each shipment is ordering cost. This cost, which amounts to $20 per order, includes the cost of preparing the requisition, inspecting the delivered goods, and issuing a check for payment. In addition to the ordering cost, NIS incurs inventory carrying cost that includes cost of capital, insurance, storage, handling, tax and so forth. This cost equals 10 percent of the purchase cost per unit per year. Beginning on September 2010, NIS management would like to embark on a companywide cost-control program in an attempt to improve its profits. One area to be closely scrutinized for possible cost savings is inventory management. Given this strong pressure from top management, the operations manager, Ms. Mary Jones, wants to know if there would be any possible cost savings in her area. More specially, she would like to understand how much costs could be saved from an effective inventory policy.


Related Discussions:- Nis sound systems

What is photovoltaics?, Photovoltaics  is a high-technology approach  to ch...

Photovoltaics  is a high-technology approach  to changing sunlight  directly  into  electrical  energy.  The  electricity  is direct  current  and  can  be  used  that  way,  chnag

Radiation pattern of a half-wave dipole antenna, Q. The radiation pattern o...

Q. The radiation pattern of a half-wave dipole antenna is given by (a) Sketch the radiation pattern in the principal plane of xz containing angle θ. (b) Determine the beam wi

Test equipment , What is the function of the time-base generator as used in...

What is the function of the time-base generator as used in an oscilloscope

Digital Signal Processing, Can you do a survey paper on Wavelet and Subband...

Can you do a survey paper on Wavelet and Subband Coding? I need 10 pages and I will provide the references.

Voltage, the relation between power

the relation between power

Compound motor , Compound motor It is possible to arrange for part of...

Compound motor It is possible to arrange for part of the field  coil to be in series with the armature and part in parallel   This gives rise to a motor with a mix

Show balanced three-phase loads, Q. Show Balanced three-phase loads? Th...

Q. Show Balanced three-phase loads? Three-phase loads can be connected in either wye (also known as star or Y) or delta (otherwise known as mesh or ). If the load impedances i

Define the dma controller interface, Define the DMA controller interface. ...

Define the DMA controller interface. A DMA controller interfaces along with a few peripherals which may request DMA. The controller chooses the priority of simultaneous DMA req

Gis for distribution network management, Gis for Distribution Network Manag...

Gis for Distribution Network Management: You are well aware of the problems facing the distribution utilities to meet the day-to-day requirements of the power consumers, like

Electrical System Design, List four sources of information which are essent...

List four sources of information which are essential to the designer of this electrical installation

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