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

Calculate the diameter of copper wire, Calculate the diameter of copper wir...

Calculate the diameter of copper wire of length 100 metres used as winding material in a transformer such that the resistance of the whole winding is 2 ohms. Calculate the diameter

Compute the power factor for zero voltage regulation, A three - phase,wye -...

A three - phase,wye - connected, 2500-kVA, 6600- V, 60-Hz turboalternator has a per-phase synchronous reactance and an armature resistance of 10.4 and 0.071 , respectively. Comput

The a.c/d.c. generator - electromagnetic torque, Note, the armature curren...

Note, the armature current is produced in pulses as the armature rotates under the poles, so the torque also pulsates. This can give rise to extra wear on bearings and the engin

Explain ionic polarization, Explain i onic polarization. Ionic polari...

Explain i onic polarization. Ionic polarization is polarization that is caused by relative displacements between negative and positive ions in ionic crystals (for illustrati

Define combinations of logic gates, Define Combinations of logic gates? ...

Define Combinations of logic gates? The Logic gates be able to combined to produce more complex functions. They can as well be combined to substitute one kind of gate for anoth

Avalanche breakdown, Avalanche Breakdown: This type of breakdown takes...

Avalanche Breakdown: This type of breakdown takes place when both sides of junction are lightly doped and consequently the depletion layer is large. In this case, the electric

Water technology, #question. . =calculate the calcium carbonate equivalent ...

#question. . =calculate the calcium carbonate equivalent hardness of calcium sulphate of 5gms present in one litre

Machines 1, diagram of armeture reaction

diagram of armeture reaction

Illustrate working of direct-coupled amplifiers, Q. Illustrate working of D...

Q. Illustrate working of Direct-coupled Amplifiers? Direct-coupled Amplifiers : The following figure shows a direct-coupled amplifier consisting of two stages. A dc voltage i

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