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

Show function of compensating plate in interferometer, Q. Show Function of ...

Q. Show Function of Compensating Plate in interferometer? In absence of plate G2 the reflected ray passes the plate G1 twice, whereas the transmitted ray does not passes even o

Digital communications system, Question 1 (a) Describe the functions of...

Question 1 (a) Describe the functions of the modulator and source encoder in a digital communications system. (b) By using appropriate examples, distinguish between th

Design a crossover circuit for loudspeaker, The aim of the research paper i...

The aim of the research paper is to design a crossover circuit for loudspeaker that will be used with a 2-way speaker. Circuit consists of the resistors, capacitors and operational

Calculate the power required from power plant, You will develop a simulatio...

You will develop a simulation that will consist of the following five components: Controller: This script component controls the simulation. It shall permit the user to: 1. C

How numbering plan is achieved in modern telephony, Q. How numbering plan i...

Q. How numbering plan is achieved in modern telephony? Ans: The purpose of numbering plan is to uniquely identify every subscriber connected to a telecommunication network.

Calculate the magnitude of fault current, Figure shows an isolated three-ph...

Figure shows an isolated three-phase load supplied from a 33 kV/11 kV substation via a 30 km long three-phase 11 kV overhead line. The overhead line has the following series parame

Speed control of dc series motor - motor control , Speed Control of DC Seri...

Speed Control of DC Series Motor A half  wave  circuit  for the  speed  control of DC  series motor is  shown in figure and corresponding wave from  is shown  in figure  consis

What is the working of sensor in robotics, (a) What is the working of senso...

(a) What is the working of sensor in Robotics ? (b) Define the following : (i) Proximity Sensor (ii) Tactile Sensors (iii) Optical Sensor. (c) What is an End Effecto

On line ups systems - power supplies , On line UPS Systems In this Ups ...

On line UPS Systems In this Ups  there are two  switches  one is  main static switch  and another  is Ups  static  switch . in normal  operation the Ups  static switch  remains

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