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

State fleming''s right-hand rule, Fleming's Right-hand rule states: Let ...

Fleming's Right-hand rule states: Let the thumb, first finger and second finger of the right hand be extended such that they are all at right angles to every other. If the first

Compute the total capacitance with parallel connection, Compute the total c...

Compute the total capacitance with parallel connection: Three capacitors C 1 , C 2 and C 3 contain capacitance 20 μf, 15 μf, 30 μf, respectively. compute: 1. Charge on ea

Explain low-frequency response of rc coupled amplifier, Q. Explain low-freq...

Q. Explain low-frequency response of RC coupled amplifier. What are the reasons for reduction in gain at low frequencies? The RC coupled amplifier circuit contains capacit

Electrons, Ask question #Minimum 100 words accepted how does the charge pla...

Ask question #Minimum 100 words accepted how does the charge plate relate to the movement of electrons

What is a modem, Q. What is a Modem? Modems are generally used to inter...

Q. What is a Modem? Modems are generally used to interface digital circuits to transmit information on analogue channels such as telephone systems. Modem (from modulator-demodu

Explain dielectric constant, Explain Dielectric constant. Dielectric co...

Explain Dielectric constant. Dielectric constant: This is also termed as 'Permittivity'. All insulating material possesses an electrical capacitance. Such capacitance of unit d

Define the term real time clock, Define the term real time clock. A re...

Define the term real time clock. A real-time clock maintains the time in real time, which is, in hours and minutes. For the real-time clock the software contains an interrupt

Explain the properties of high resistive materials, Explain the properties ...

Explain the properties of high resistivity materials. High resistivity materials: The conducting materials containing resistivity from 10 -6 to 10 -3 ohm-m come under such

Show the applications of a r-c coupled amplifier, Q. What are the applicati...

Q. What are the applications of a R-C coupled amplifier. The R-C coupled amplifiers have excellent audio fidelity over a wide range of frequency. Therefore, they are widely use

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