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

Incorrect Solution, Hi there i just asked for question and answer for 5 cha...

Hi there i just asked for question and answer for 5 chapter and i just receive some of them in word the rest are in apiece of paper which is unprofessional could you please have l

Features of tariff policy, Features of tariff policy: For projects who...

Features of tariff policy: For projects whose tariff is determined by performance- based cost of service regulation, the advantages of decreased tariff after full depreciation

Working of centre tap full wave rectifier, (a) What is understand by clippi...

(a) What is understand by clipping circuit. Draw and illustrate different types of diode clipping circuits? (b) With the help of circuit diagram describe the working of centre t

Cause of sparking at the brushes of a dc motor, Q. Cause of sparking at the...

Q. Cause of sparking at the brushes of a DC Motor? Ans: Sparking at the brushes can be occur due to poor quality of carbon brushes, loose connection, poor armature of carbon

Determine the percentage drop in load current, Q. A practical current sourc...

Q. A practical current source is represented by an ideal current source of 200 mA along with a shunt internal source resistance of 12 k. Determine the percentage drop in load curr

Selection of right- flex in electricity and gas hazards, Selection of Right...

Selection of Right- Flex : It is also important that the flex we choose is appropriate to the appliance used. Like fuses, the cables and flexes are also rated according to their

#titleclipper diode.., Ask quedisadvantages stion #Minimum 100 words accept...

Ask quedisadvantages stion #Minimum 100 words accepted#

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

Network theorems.., how to calculate voltage when 3 voltage sources are giv...

how to calculate voltage when 3 voltage sources are given?

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