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

Designing 100 line exchange using uni-selector, Q. Designing 100 line excha...

Q. Designing 100 line exchange using Uni-selector? Here three different designing methods for 100 line exchange are discussed: Design: Strowger switching system is designe

Technical losses in power systems, Technical Losses in Power Systems T...

Technical Losses in Power Systems The technical losses in power systems occur because of energy dissipated in the conductors and equipment used for transmission, transformat

Explain the conductyvity of atom with four valence electrons, Atoms with fo...

Atoms with four valence electrons are good conductors. This statement is true or false. Ans:  Atoms are good conductors with four valence electrons. This statement is false.

Define the parity with respect to serial communication, With respect to ser...

With respect to serial communication define the parity. Besides the synchronization given by the use of start and stop bits, an additional bit termed as a parity bit may opt

Explain medium length lines, Explain Medium length lines? Medium length...

Explain Medium length lines? Medium length lines cover lines in the range of 50 to 150 miles (80 to 240 km). Due to the increased length of the line, the shunt capacitance of t

What is extended memory system, What is XMS? XMS: The memory system is ...

What is XMS? XMS: The memory system is splits in three major parts as: system area, XMS (extended memory system) and TPA (transient program area). The kind of microprocessor in

Zener diode, Zener Diode A Zener diode is a sort of diode that allows ...

Zener Diode A Zener diode is a sort of diode that allows current not only in the forward direction such as a normal diode, but as well in the reverse direction if the voltage

Compute efficiency of transformer in power factor lagging, Q. A 10-kVA, 200...

Q. A 10-kVA, 200:400-V, single-phase transformer gave these test results: • Open-circuit test (LVwinding supplied): 200V, 3.2 A, 450 W • Short-circuit test (HV winding suppli

Energy stored in inductor, One circuit has resistor 40? connected in series...

One circuit has resistor 40? connected in series with inductor  15H and dc voltage 220V. Calculate: i)  Time constant ii)  Current at time (i) iii)  Current at time 0.0

Power spectral density, Power Spectral Density: To introduce the P...

Power Spectral Density: To introduce the Power Spectral Density (PSD) of a random signal. To study classical methods for PSD estimation. To investigate model-based

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