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

Reverse bias, Reverse bias Reverse biased generally refers to how a di...

Reverse bias Reverse biased generally refers to how a diode is employed in a circuit. If a diode is reverse biased, the voltage at the cathode is gets higher than that at the

Analog signal processing, Derive Equation 13-20 pertaining to the convers...

Derive Equation 13-20 pertaining to the conversion algorithm based on redefined unit capacitor

Determine the flux, Q. Consider themagnetic circuit of Figure. Let the cros...

Q. Consider themagnetic circuit of Figure. Let the cross-sectional area AC of the core, be 16 cm 2 , the average length of the magnetic path in the core lC be 40 cm, the number

Transformes, how to calculate the sending line voltage

how to calculate the sending line voltage

Illustrate the basic use of binary in it, Q. Illustrate the basic use of bi...

Q. Illustrate the basic use of binary in IT ? The binary system is thus useful in IT because not only any number, but any information, can be represented in terms of only 0s an

Ac resistance and dc resistance, Background Information Electrical mach...

Background Information Electrical machines usually consist of copper windings on steel cores, and their AC resistance is greater than their DC resistance. The power loss has

Input output, Input output The parallelogram symbol  is used to repres...

Input output The parallelogram symbol  is used to represent the input output  process as shown  below.                 IN01H

Mvi move immediate instruction , MVI Move Immediate  Instruction This...

MVI Move Immediate  Instruction This form  of the instruction is used to copy 8bit  data ( specified  in the  instruction )  directly  into the  register or memory  pointed by

3-phase 3 wire meter, 3-Phase 3 Wire Meter A 3-phase 3 wire meter has ...

3-Phase 3 Wire Meter A 3-phase 3 wire meter has 2 elements of each category on the other hand of 3 elements as in the case of 3-phase 4 wire meter. The primary principle of op

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