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

Explain the three-line cable residential wiring, Q. Explain the three-line ...

Q. Explain the three-line cable Residential wiring? The three-line cable coming out of the secondaries of the distribution transformer on the utility pole passes through the el

Electricity and safety, explain appropriate first aid procedure to be follo...

explain appropriate first aid procedure to be followed in case of electric shock

Prepayment meters, Prepayment Meters Usage of prepayment meters will e...

Prepayment Meters Usage of prepayment meters will extensively improve the revenue collection of the utilities. There are a number of ways in that prepayment assures revenue pr

Dc motors, i dont understand why equalizer connection is not used in wave w...

i dont understand why equalizer connection is not used in wave windings?

Find the state of operation and operating point, Considering the circuit sh...

Considering the circuit shown in Figure (a), find the state of operation and operating point if the BJT has β = 80 and other typical values of a silicon BJT at room temperature.

TTL input logic circuit, I am building a testing device for the purpose of ...

I am building a testing device for the purpose of screening a 5801 BiMOS 8 BIT Parallel-input Latched Driver, I need help with input circuit to drive all 8 outputs one at a time. M

Financing the power sector projects, Financing the power sector projects: ...

Financing the power sector projects:   Massive investment is required for the targeted expansion of the sector. It has been estimated at Rs. 9 lakh crores in the further 10 yea

Commercial television broadcasting, Commercial television broadcasting is a...

Commercial television broadcasting is allocated frequencies that fall in the VHF and UHF bands. Table lists the television channel allocations in the United States, with the channe

How is 8255 (programmable peripheral interface) configured, How is 8255 (Pr...

How is 8255 (Programmable Peripheral Interface) configured if its control register contains 9B h. Ans. Programmable Peripheral Interface Command Byte B (sets or

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