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

Find current in bjt, Q. A BJT is biased by the method shown in Figure. If V...

Q. A BJT is biased by the method shown in Figure. If V BEQ = 0.7V, β = 100, V CEQ = 10 V, and I CQ = 5 mA, find I 1 , I 2 , and IEQ.

Motor: power production, The mechanical power produced at the armature of a...

The mechanical power produced at the armature of a motor is: P = T a . (power is in watts if torque is N.m and    in rad/sec). Some of this will be lost due to friction and

Assignment, design single phase distribution circuit from a supply point to...

design single phase distribution circuit from a supply point to a load

What are the two modes of operations present in 8086, What are the two mode...

What are the two modes of operations present in 8086? i. Minimum mode (or) Uniprocessor system ii. Maximum mode (or) Multiprocessor system

What is converse-hull property of bezier curve, Describe Bezier Curve ? Wha...

Describe Bezier Curve ? What is Converse-Hull Property of Bezier Curve?

Determine the slip at maximum torque, A three-phase induction motor, operat...

A three-phase induction motor, operating at its rated voltage and frequency, develops a starting torque of 1.6 times the full-load torque and a maximum torque of 2 times the full-l

Speed control of dc motor - motor control , Speed control of DC Motor ...

Speed control of DC Motor The DC  motor  are versatile motors among the  available  electrical  motors due to  their  superior  characteristics. These motors  give a smooth sp

Series-carry synchronous counter with t flip-flops, Q. Consider a series-ca...

Q. Consider a series-carry synchronous counter with T flip-flops shown in Figure in which the AND gates carry forward the transitions of the flip-flops, thereby improving the speed

Working out the function of a combination of gates, Working out the functio...

Working out the function of a combination of gates? Truth tables are able to be used to work out the function of a combination of gates. Inputs Outputs

State kirchoff''s current law, State Kirchoff's Current Law Kirchoff's...

State Kirchoff's Current Law Kirchoff's Current Law (KCL) describes at any junction in an electric circuit the total current flowing towards that junction is equivalent to th

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