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 capacitance length of a pcb embedded stripline, 1. Determine ...

1. Determine the capacitance length of a PCB embedded stripline, assuming no fringing of the electrostatic field. 2. Determine the capacitance/unit length of the same embedded stri

Bad workmanship, Bad Workmanship Bad workmanship contributes important...

Bad Workmanship Bad workmanship contributes importantly towards increasing distribution losses. Efforts should, thus, be made to have the best probable workmanship. In this co

Define the second group of 32 ascii character codes, Define the second grou...

Define the second group of 32 ASCII character codes? The second group of 32 ASCII character codes include various punctuation symbols, special characters, and the numeric digit

Amplifiers, operation and application of Class AB amplifiers

operation and application of Class AB amplifiers

What are the main embedded system components, What are the main embedded sy...

What are the main embedded system components? Main Embedded System Components a. Embeds hardware to provide computer as functionalities b. Embeds major application softw

Features and usage of peripheral component interconnect bus, Discuss featur...

Discuss features and usage of Peripheral Component Interconnect bus. Peripheral Component Interconnect bus has plug as well as play characteristics and the capability to func

Binary number system - number systems , Binary  Number Systems As men...

Binary  Number Systems As mentioned  earlier this  number is used by  digital  systems like  microprocessor  and other  digital  circuits. This  number  systems  use only two

Show common signal-processing operations, Q. Show Common signal-processing ...

Q. Show Common signal-processing operations? Common signal-processing operations include the following: • Amplification to compensate for attenuation • Filtering to reduc

Magnetic contactor, how to wire a three phase contactor to become a single ...

how to wire a three phase contactor to become a single phase contactor?

#title.ec 1., draw the gain frequency response of an RC coupled circuit? di...

draw the gain frequency response of an RC coupled circuit? discuss fall in gain at very low and very high frequencies?

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