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

What do you mean by continuous signals, Q. What do you mean by Continuous s...

Q. What do you mean by Continuous signals? Continuous signals are described by time functionswhich are defined for all values of t (a continuous variable). Commercial broadcast

Give some applications of constantan, Give some applications of constantan....

Give some applications of constantan. Constantan is an alloy of nickel and copper. It is used in thermocouples, motor starters and precision resistors.

Operating system, what is serveces of operating system?

what is serveces of operating system?

Matlab simulation, Simulate and compare BER of QPSK system and 4-QAM system...

Simulate and compare BER of QPSK system and 4-QAM system without grey coding Eb/No=0.2.4.6.8.10

Dc machince, what ''s part of dcmotor or dc generator

what ''s part of dcmotor or dc generator

Define hysteresis, Define Hysteresis Hysteresis is the 'lagging' effect...

Define Hysteresis Hysteresis is the 'lagging' effect of flux density B whenever there are changes in the magnetic field strength H. When an initially unmagnetized ferromagnetic

Explain soft ferrites and their applications, Explain Soft ferrites and the...

Explain Soft ferrites and their applications. Soft ferrites and their applications: Such are non- metallic compounds having ferric oxide and one or two bivalent metal oxides as

Use mesh analysis and nodal analysis to determine current, Q. Use (a) mesh ...

Q. Use (a) mesh analysis and (b) nodal analysis to determine the current through the 4-resistor of the circuit of Figure.

Energy stored in the coil, The term representing the energy stored in the c...

The term representing the energy stored in the coil may be written in terms of the inductance of the coil as... The energy stored in the coil increases with the square of t

Importance of voltage quality - kpi, Importance of Voltage Quality - KPI ...

Importance of Voltage Quality - KPI The voltage quality has a growing economic impact on the customer and the network operators. The costs related along with "lack of quality"

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