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

Fixed bias with emitter resistor, Fixed bias with emitter resistor: ...

Fixed bias with emitter resistor: Figure: Fixed bias with emitter resistor The fixed bias circuit is changed through attaching an external resistor to the emitter

Certification of energy managers, Certification of Energy Managers Ce...

Certification of Energy Managers Certification of Energy Managers and Accreditation of Energy Auditing Firms One of the important provisions in the Act is to create a cad

Linear and IC applications, bias compensation techniques for ac and dc char...

bias compensation techniques for ac and dc characteristics

Working of a linear variable differential transformer, Illustrate the const...

Illustrate the construction and principle of working of a linear variable differential transformer. Describe how the magnitude and direction of displacement of core of LVDT is dete

Formation of energy bands in solids, Describe in brief the Formation of ene...

Describe in brief the Formation of energy bands in solids and hence explain how it helps to classify the solid in to conductors and insulators. Energy Bands in Solids Acco

Illustrate electric potential and voltage, Q. Illustrate Electric Potential...

Q. Illustrate Electric Potential and Voltage? When electrical forces act on a particle, it will possess potential energy. In order to describe the potential energy that a parti

Give the properties and application of glass, Give the properties and appli...

Give the properties and application of glass. Glass - It is an inorganic material made by the fusion of various metallic oxides. The properties of glass are as - Glass is

Jump instruction - branch operations , Jump Instruction There are two ...

Jump Instruction There are two types of jump  instruction unconditional jump conditional jumps

High-pass t filters, High-pass T filters: Three-element filters can co...

High-pass T filters: Three-element filters can comprise a 'T' or 'π' topology and in either geometries, a low-pass, band-pass, high-pass, or band-stop characteristic is feasib

Basic building block of a block diagram, The mathematical relationships of ...

The mathematical relationships of control systems are usually represented by block diagrams, which show the role of various components of the system and the interaction of variable

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