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 do you mean by lumped-circuit elements, Q. What do you mean by Lumped-...

Q. What do you mean by Lumped-circuit elements ? Electric circuits or networks are formed by interconnecting various devices, sources, and components. Although the effects of e

Determine the voltage at the load terminals, Two single-phase 60-Hz sinusoi...

Two single-phase 60-Hz sinusoidal-source generators (with negligible internal impedances) are supplying to a common load of 10 kW at 0.8 power factor lagging. The impedance of the

Zener diode, how does a zener diode works.

how does a zener diode works.

Explain in brief the functions of clock generator chip, Explain in brief th...

Explain in brief the functions of the clock generator chip, 8284. 8284 Clock generator: The 8284 is an ancillary element to the microprocessors. Without any clock generato

Electro magnetism, ELECTRO MAGNETISM: In this unit we learned about el...

ELECTRO MAGNETISM: In this unit we learned about electromagnetism and the relationship that presents between and magnetic flux and electric current. The way in which electric

Common drain amplifier, Common Drain Amplifier In electronics, a comm...

Common Drain Amplifier In electronics, a common-drain amplifier, as well termed as a source follower, is one type of three basic single-stage field effect transistor (FET) am

Nicol prism, how much and what to write it is of 30 marks

how much and what to write it is of 30 marks

Electronics, what is the difference between half &full wave rectifier

what is the difference between half &full wave rectifier

24 - outlet uni-selector, In this case, 24 simultaneous calls can be put th...

In this case, 24 simultaneous calls can be put through switch. Generally a 24-outlet Uni-selector is used as a selector hunter. Every one of the 24 outlets is connected to one two-

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