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

Determine the binary values of the first three samples, A 3-bit quantizer i...

A 3-bit quantizer is utilized to transform the following signal into a binary digital signal. Determine the binary values of the first three samples (assuming the quantizer rounds

BASIC ELECTRICLE, kindly tell me which text book is usefull forlearn the ba...

kindly tell me which text book is usefull forlearn the basic electricle.

What is the mobile application development all about, In the previous two y...

In the previous two years, a lot of innovation has come in the mobile computing world. Apple has launched very imaginative mobile phone, iphone and ipad along with app store. Googl

Digital logic design, how to sort three number in descending order and disp...

how to sort three number in descending order and display on seven segment

Spectrum analyser, The spectrum analyser plots amplitude against frequency,...

The spectrum analyser plots amplitude against frequency, in other words it shows signals in the frequency domain. The spectrum analyser has the same trigger options as the oscillos

Probability of availability of free lines, Q. How does one arrive at the pr...

Q. How does one arrive at the probability of availability of free lines during busy hour? How can this be improved? Ans: One can arrive at probability of free lines during busy

Why digital signal processing require specialized hardware, Why does digita...

Why does digital signal processing require specialized hardware? A) It needs to perform analog as well as digital functions. B) General-purpose microprocessors cannot perfor

process of damping, Describe the process of DAMPING. You explanation shoul...

Describe the process of DAMPING. You explanation should include an example of each of the following:- Over-damping, Under-damping, Zero-damping, Critically da

What is the use of latch signal on the ad0-ad15 bus, What is the  use of l...

What is the  use of latch signal on the AD0-AD15 bus in an 8086 system? Latch signal is used to load the data those are fetched from memory to bus.

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