A janitorial supply superstore buys 214 of their most, Ask an Expert

Management Studies

A janitorial supply superstore buys 214 of their most popular cleaning iquid each week for $11 each. Average cost of ordering and receiving a shipment is $6 per order. Holding cost is 1% of the price per month. The supplier lead time is 2.5 weeks. The store operates 50 weeks per year. Each order is revieved from the supplier in a single delivery and there are no quantity discounts.

What quantity should the store order with each order? (EOQ Formula)

How many times per year will the store order?

How man weeks will elapse between two consecutive orders?

What is the reorder point if the compnay wishes to carry a safety stock of 20 units?

What is the store's minimum total annual ordering and inventory carrying costs?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93107441

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 describe what is a competitive advantage and give an

1. Describe what is a competitive advantage and give an example. (200 word) 2. Research the case of Citizens United v the Federal Election Commission. Is campaign spending a matter of free speech? What discussion has the ...

Assignment internal and external impacts in this module

Assignment : Internal and External Impacts In this module you examined globalization and environmental changes and trends. You also learned that leaders need to stay current on both internal and external forces that impa ...

Please review three websites through which you can order

Please review three websites through which you can order products (such as amazon.com, eBay.com, and Zappos.com) and answer all questions. What are the companies’ delivery promises? What type of standards might they set ...

Johnson corporation has the following information about a

Johnson Corporation has the following information about a product that it carries in stock: Use Table 7-2. Average demand = 63 units per day Average lead time = 25 days Item unit cost = $74 for orders of less than 400 un ...

Needed help on knowing the mattel and toy safetyhere are

Needed help on knowing the Mattel and Toy Safety. Here are the questions. Answer the questions at the end of the Case Study, "Mattel and Toy Safety", found on page 531 of the textbook. 1) Do you believe that Mattel acted ...

Leaders are kept awake at night by hard business realities

"Leaders are kept awake at night by hard business realities: the need to generate profitable growth, reach markets quickly, protect their reputation, and anticipate the unexpected. But their deeper sleeplessness comes fr ...

Answer the following questions about supply chain

Answer the following questions about supply chain management. a) What is supply chain management? b) Why has supply chain management become such an important topic? c) Are businesses actually measuring and using supply c ...

1 describe risk analysis and its impact on financial

1. Describe Risk Analysis and its impact on financial considerations for new projects. 2. Discuss how the Risk Analysis process allows organizations to meet their due diligence and fiduciary duty. 3. Discuss the two key ...

Mick is a project manager at zarlink a multinational

Mick is a project manager at Zarlink, a multinational manufacturer of semiconductors for a variety of high-technology military, medical and consumer applications. Mick is also a part-time MBA student at his local univers ...

1 can you share 3 theoretical concepts or theories you

1. Can you share 3 theoretical concepts or theories you applied to capsim (Business Simulations and Assessments Applications) during the simulation? How? 2. How are digital communication devices (cell phones, e-mail, and ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert