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

Dc generator, Why dummy coil is used in wave winding porpose of dc generato...

Why dummy coil is used in wave winding porpose of dc generator

Design a multiplexer and anomalous signals, 1. The size of the multiplexer ...

1. The size of the multiplexer used to implement a truth table can be cut in half (e.g. 4 inputs instead of 8) if one of the variables is used as an input instead of being connecte

Discuss the nature of sinusoidal signal, Q. Discuss the nature of sinusoida...

Q. Discuss the nature of sinusoidal signal? Discuss the nature of evenness and oddness of: (a) The sinusoidal signal x(t) = A cos(2πf 0 t + θ). (b) The complex exponentia

Digital versions of band-pass filter, A case study is required for developm...

A case study is required for development of different digital versions of band-pass filter corresponding to its analogue prototype described by the following normalised transfer fu

Smart parking system, Design a smart park system using Iot sensors to udate...

Design a smart park system using Iot sensors to udate stautus to a server ?

Several forms of interference, Q. Several forms of interference? Interf...

Q. Several forms of interference? Interference may take several forms: ac hum, higher frequency pulses and "whistles," or erratic waveforms commonly known as static. Interferin

Purpose of control word written to control register in 8255, What is the pu...

What is the purpose of control word written to control register in 8255? The control words written to control register state an I/O function for every I.O port. The bit D7 of t

Show npn common base amplifier, Q. Show NPN Common Base Amplifier? ...

Q. Show NPN Common Base Amplifier? This configuration is used for high frequency applications because the base separates the input and output, minimizing oscillations at h

Illustrate gray code, (a) In the so-called folded binary code of 4 bits, th...

(a) In the so-called folded binary code of 4 bits, the left most digit represents the sign of an analog signal's quantized samples (with 0 for negative and 1 for positive), and the

Salient features of nep, Salient Features of NEP: Access to electrici...

Salient Features of NEP: Access to electricity: The policy not only envisages access to electricity for all but it also emphasizes in which all consumers, particularly t

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