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 is command, A selection form an application's menu, or a command typed...

A selection form an application's menu, or a command typed in by the user, like at a DOS prompt or at the Run dialog box in Windows.

Earthing in electricity and gas hazards, Earthing : Any electrical applian...

Earthing : Any electrical appliance with a metal casing or with metal parts, likely to be touched by an operator is potentially dangerous. The danger is that an internal or extern

Show implementation of synchronous counter using d flip-flop, Q. Consider t...

Q. Consider the synchronous counter shown in Figure of the text. (a) Draw its timing diagram. (b) Show the implementation of the same synchronous counter using D flip-flops.

Use of cro for frequency measurement, Q. Explain the use of CRO for frequen...

Q. Explain the use of CRO for frequency measurement.   Measurement of frequency: The frequency of the periodic signals is easily measured with a CRO. The frequency of a si

What do you mean by sensors or transducers, Q. What do you mean by Sensors ...

Q. What do you mean by Sensors or Transducers? In almost all engineering applications there arises a need tomeasure some physical quantities, such as positions, displacements,

Nodal Analysis, sample problem and solutions with answer

sample problem and solutions with answer

Check Sheets - Quality Tools for Improvement, Check Sheets - Quality Tools ...

Check Sheets - Quality Tools for Improvement This might be an easy listing of items that could represent information in an efficient, graphical format. If the system under ana

Transistor in the common base configuration, Draw the circuit of transistor...

Draw the circuit of transistor in the common base configuration. Draw the Active, saturation and cut-off region. List the characteristics of Ideal Op-Amp. Sketch the pin diagram

Determine the i-v characteristic of the network, Determine the i-v characte...

Determine the i-v characteristic of the network shown in Figure by the use of breakpoint analysis.

Produce a storage scope using peripheral interface control, First section ...

First section Aim: the aim of this project is to produce a storage scope using a PIC. In this project, several samples were taken from an analog signal and stored in the memo

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