Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Setting a Reorder Point - ROP
Once the order quantity has been determined, the next question to be settled is when to place the order. If an order is released and it takes three weeks before the order is received, there must be sufficient stock held to ensure that there are no stock outs. This level of stock is referred to as the order point. When the stock level falls to the ROP release an order for quantity Q. This is illustrated in this figure.
L = lead time = the time between releasing and receiving the order.
In the example of the desk lamps, if the lead time were three weeks and the average demand were 1000/52 = 19.2 per week = 57 (set the ROP at 60 units).
There are a number of managerial points to note:
So, if the EOQ = 267.82, order 300.
the two problems below (P1 and P2). Five marks each. Part marks will be allocated, but if you have the incorrect answer then you cannot expect to get more than half marks. Project
given profit margin 7%, total asset turnover is 1.94, Return on equity is 23.7%, what is the debt equity ratio
Stardusts has 1 debt issue outstanding. The debt matures on August 15, 2017, and has a 6.25% coupon. Coupons are paid semiannually. The bond is priced to yield 1.61% compound se
Advantages of Development Financial Institutions Advantages or Functions or can say Case for Development Financial Institutions 1. They grant venture capital 2. They gra
project report on it
Capital Asset Pricing Model (CAPM) CAPM is a methods that is used to establish the required rate of return of an investment provided a particular level of risk. According to
I have an assignment in finance
What is cash flow?
Mr. de Ville, the owner of Tasman Ian de Ville Holdings Ltd. (TIDH) has asked you to evaluate five investment projects. TIDH has a $10,000,000 investment budget, an investment hurd
Bird-in-hand Theory Advanced via John Leitner in year 1962 and furthered with Myron Gordon in year 1963. Argues such shareholders are risk averse and prefer specific. Dividend
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd