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

Features of tariff policy, Features of tariff policy: For projects who...

Features of tariff policy: For projects whose tariff is determined by performance- based cost of service regulation, the advantages of decreased tariff after full depreciation

Mode 1 - buck converter , Mode 1 ( 0 By  applying a positive  output ...

Mode 1 ( 0 By  applying a positive  output  pulse  of the pulse  width modulator to  the  transistor Q 1 it gets turned on.  An input  current  in flows  through V in   Q 1

Clapp oscillator, having looked at the circuit, i first wanted to start my ...

having looked at the circuit, i first wanted to start my frequency from 0 and plot for 10000 to 20000. so in matlab i used f = 0:10000:20000; but the equation for frequency is f= 1

Solar energy, project for solar panel for farms in Saudi Arabia

project for solar panel for farms in Saudi Arabia

Demand meters, Demand Meters Demand meters measure volt-amperes (in kV...

Demand Meters Demand meters measure volt-amperes (in kVA), that merge both reactive (reflected) and actual (consumed) power. In its easiest form, a demand meter has a gauge wh

RESISTACE, What is the value of a resistor marked as 47KK?

What is the value of a resistor marked as 47KK?

What is meant by thermal runaway, Q. What is meant by Thermal Runaway? Expl...

Q. What is meant by Thermal Runaway? Explain with reference to a transistor.How is it avoided in circuits? The collector current of a transistor increases with increasing tempe

Cpu based exchange, CPU Based Exchange:   In centralized control, all contr...

CPU Based Exchange:   In centralized control, all control equipment is replaced by a single processor which should be quite powerful. It should be capable of processing 10 to 100 c

Machine control instructions , Machine Control Instructions Instructio...

Machine Control Instructions Instructions used to control  various machine operations are kept  in this group.

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