Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A large hospital's nursery uses disposable diapers for its newborn babies at a rate of 60 cases per day. Ordering costs have been estimated at $50 per order. The hospital's Accounting Department has assigned a holding costs fraction of 0.15 to the nursery supplies. All the assumptions of the basic EOQ model, such as zero lead time, are applicable. The purchasing agent for the hospital has an opportunity to take advantage of one of several quantity discounts. The pricing schedule is listed below. Quanity Ordered Unit Price ($) 0-1,999 2.50 2,000-4999 2.45 5000-10,000 2.40 Over 10,000 2.35 *(One year= 300 days, 52 weeks, Month= 25 days), Annual Demand What quality do you recommend? NOTE: SHOW ALL COMPUTATIONS Please can you explain in detail

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91890105

Have any Question?


Related Questions in Operation Management

1 all of the following may be types of things to observe in

1. All of the following may be types of things to observe in the field EXCEPT? a. The environment b. Opinions c. Behaviors and actions d. Acts 2. Method of studying social behavior with out the problem of reactivity with ...

A las vegas nevada manufacturer has the option to make or

A Las Vegas, Nevada, manufacturer has the option to make or buy one of its components parts. The annual requirement is 10,000 units. To make the parts in-house,the firm must invest $30,000 in capital equipment and estima ...

Case study of conceptual data and logical modelingrealize a

Case Study Of conceptual Data and Logical Modeling Realize a conceptual data and logical modeling for this case study A Sales Department has a file of products that they provide to their customers. Each type of product h ...

Repair calls are handled by one repairman at a photocopy

Repair calls are handled by one repairman at a photocopy shop. Repair time, including travel time, is exponentially distributed, with a mean of 2.7 hours per call. Requests for copier repairs come in at a mean rate of 1. ...

Case study brazos valley food bank fostering partnerships

Case Study : Brazos Valley Food Bank: Fostering Partnerships, Feeding Hope This case study is meant to introduce students to a relatively simple supply chain, but one that encounters challenges common in all supply chain ...

1 what was the response to change as in acceptance or

1. What was the response to change as in acceptance or negative reaction to change? 2. How could GM encourage employees to be more open to change? 3. Discuss the change agents in GM’s social media change communications s ...

Course business intelligencechapter enterprise

Course: Business Intelligence Chapter: Enterprise Applications: Business Communications Need Answers for below DQ(Discussion Questions) 300 words, APA 6 edition, No palgiarism, use 3 references for each DQ and in-text ci ...

What criteria should be used during the process of

What criteria should be used during the process of selecting amongst strategic alternatives? WHY? What criteria should be taken into account when debating strategic alternatives. You should list possible strategic option ...

A regional distributor purchases discontinued appliances

A regional distributor purchases discontinued appliances from various suppliers and then sells them on demand to retailers in the region. The distributor operates 6 days per week, 52 weeks per year. Only when it is open ...

Assignment project execution control amp closure

Assignment Project Execution, Control, & Closure Proposal Your Project Sponsor has approved your project proposal and has asked you to come up with a proposal for the execution, control, and closure for the project. Inst ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As