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

The fundamental frequency , The frequency domain representation of a signal...

The frequency domain representation of a signal is shown  below: i. What are the fundamental frequency and the corresponding period of this signal (shown in Figure )? ii.  Pl

Show the amenability to computer processing, Q. Show the Amenability to com...

Q. Show the Amenability to computer processing? Due to the digital data collected and stored in the form of a matrix, the same becomes amenable to processing on computers. By f

State lenz''s law, Lenz's law states: 'The direction of an induced e.m....

Lenz's law states: 'The direction of an induced e.m.f. is always like that it tends to set up a current opposing the motion or the change of flux responsible for inducing that

Transients in r-l-c circuits, Transients in R-L-C circuits: Scenario ...

Transients in R-L-C circuits: Scenario The Laplace transform is a valuable mathematical tool which allows the solution of difficult differential equations to be easily de

Apparatus for BCD to excess 3, Apparatus for BCD to excess 3 convertor usin...

Apparatus for BCD to excess 3 convertor using nand and nor gates

First generation 1946- 1654 - history of computer, First Generation (1946- ...

First Generation (1946- 1654) In the  first  generation computer  vacuum tubes and valves were used. These computer were very large in size ( thousands of square feet on the fl

Determine the memory access time, Question: (a) Explain the types of ha...

Question: (a) Explain the types of hazards in a 5 stage pipeline. (b) Describe the three RAW dependencies in the following instructions. i: R7←R12+R15 i + 1: R8←R7-R1

Zero-bias equilibrium, Zero-Bias Equilibrium In a p-n junction, with n...

Zero-Bias Equilibrium In a p-n junction, with no an external applied voltage, an equilibrium condition is arrived at in which a potential variation is formed across the juncti

Describe the term pure hardware delay, Question: (a) Describe the term...

Question: (a) Describe the term "Pure Hardware Delay" in microcontroller design. (b) Name the three types of subroutines which are placed at the interrupt location in ROM a

Explain the properties of high resistive materials, Explain the properties ...

Explain the properties of high resistivity materials. High resistivity materials: The conducting materials containing resistivity from 10 -6 to 10 -3 ohm-m come under such

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