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

Pid controller design, PID controllers are popularly adopted in a wide rang...

PID controllers are popularly adopted in a wide range of industrial processes. The objective of this design practical is to study the way this PID controller changes system dynamic

Simulate the circuit using digital simulation techniques, You are the new c...

You are the new chief PCB designer for a small company who are about to become heavily involved in the design and realisation of digital timing products. Your management wants to p

Magnetism, with the aid of the diagram explain the following rules that can...

with the aid of the diagram explain the following rules that can be used to determine the direction of magnetic fields around a current carrying conductor (1)cork screw rule (2)rig

Determine primary to secondary turns ratio of transformer, Consider a sourc...

Consider a source of voltage v(t) = 10 √2 sin 2t V, with an internal resistance of 1800 Ω. A transformer that can be considered ideal is used to couple a 50- resistive load to th

Compute the motor speed, Consider the 220-V, 1800-r/min dc motor, controlle...

Consider the 220-V, 1800-r/min dc motor, controlled by a three-phase fully controlled rectifier from a 60-Hz ac source. The armature-circuit resistance and inductance are 1.5  and

Decoding logic, show the decoding logic for 11011 code if an active high an...

show the decoding logic for 11011 code if an active high and an active low output required

Apparatus for BCD to excess 3, Apparatus for BCD to excess 3 convertor usin...

Apparatus for BCD to excess 3 convertor using nand and nor gates

What do you understand by common control, Q. What do you understand by comm...

Q. What do you understand by common control? In some switching systems, control subsystem may be an integral part of switching network itself. Such system iscalled direct contr

Determine the parameters of the equivalent circuit, The no-load and blocked...

The no-load and blocked-rotor tests on a three phase, wye-connected induction motor yield the following results: • No-load test: line-to-line voltage 400 V, input power 1770 W,

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