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

Define the signals in time domain, Define the Signals in Time Domain? T...

Define the Signals in Time Domain? The time domain is the type of visualization that most people are familiar with. This method shows variations of a signal with time. The most

Self-inductance and the induced e.m.f, Self-inductance and the induced e.m....

Self-inductance and the induced e.m.f Inductance is the name given to the property of a circuit whereby there is an e.m.f induced into the circuit by alter of flux linkages pro

Matrix, create a matrix of 5x6. with identical columns and rows ranging fro...

create a matrix of 5x6. with identical columns and rows ranging from 200 to 1000 in equal increments

Explain about dial pulses, Q. Explain about Dial Pulses? Dial pulsing (...

Q. Explain about Dial Pulses? Dial pulsing (sometimes known as rotary dial pulsing) is the method basically used to transfer digits from a telephone set to the local switch. Pu

Determine the circuit of three transistors dynamic ram cell, a. Determine t...

a. Determine the circuit of three transistors dynamic RAM cell and define briefly read and write functions. b. Write short note on factors influencing choice of layer for wiring

Extrinsic material, Extrinsic Material: THE CHARACTERISTICS OF SEMI C...

Extrinsic Material: THE CHARACTERISTICS OF SEMI CONDUCTOR material can be alter significant bin addition of certain impurity atoms into the relatively pure se conductor mater

Principle of three-phase synchronous machines, Q. Principle of Three-phase ...

Q. Principle of Three-phase synchronous machines? In fact, with very few exceptions, three-phase synchronous machines are most commonly used for power generation. In general, t

Input voltage to system and the output motor speed, A system contains an am...

A system contains an amplifier with a gain of 10 offering the armature voltage for a motor which provides an output speed which is proportional to the armature voltage, the constan

#titte machines, what is a armature reaction ?? give some concepts on doub...

what is a armature reaction ?? give some concepts on double rotating field theory?? thanks

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