Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A local nursery, Greens, uses 2184 bags of plant food annually. Greens works 52 weeks per year. It costs $8 to place an order for plant food. The annual holding cost rate is $2 per bag. Lead time is two weeks.
a. Calculate the economic order quantity
b. Calculate the total annual cost
c. Determine the reorder point

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M9390537

Have any Question?


Related Questions in Operation Management

Scenarioas a healthcare provider how would you deal with

Scenario: As a healthcare provider how would you deal with the above situation? While treating a patient in the ER with a leg laceration, a provider notices a visitor with the patient who is talking on a cell phone in th ...

What are the definition of the following terms1-project

What are the Definition of the following terms: 1-Project Charter Purpose 2. Statement of Work (SOW) Purpose 3-Importance of Project Planning 4-Components of a total project plan 5-Scope Planning Documents 6-Project plan ...

1 under what circumstances should nonprofits offer

1. Under what circumstances should nonprofits offer compensation that is competitive with what for-profit employers are offering for the same position? When, if ever, is it all right to pay less? 2. Why is it so hard to ...

Negative reply you work for a digital marketing firm and

(negative reply): You work for a digital marketing firm and one of your client sends you a complaint that their video ad which ran on YouTube was just a placeholder/dummy video and not a real advertisement. After your in ...

1 letrsquos pretend you have to choose a franchise to own

1. let’s pretend you have to choose a franchise to own and run. What would it be? Why? (Note: Please don’t pick one based on size because then everyone would pick McDonalds. Try to be creative? Look on the internet for i ...

Assignmentfor most goods and services bought and sold in a

Assignment For most goods and services bought and sold in a marketplace, prices are determined by supply and demand. Exchange rates are no different. Absent government or central bank interference, the supply of and dema ...

Using the sample data given in table 2-20 make a

Using the sample data given in Table 2-20, make a recommendation for how many units of each style Wally should make during the initial phase of production. Assume that all of the 10 styles in thesample problem are made i ...

Acme stamping produces seat brackets for a major

Acme stamping produces seat brackets for a major manufacturer of stadium seating. They sell an average of 53,000 brackets per year. Their stamping machine operates for 8 hours per day, 250 days per year and can produce 1 ...

Freeport corporation finds that demand for surfboards has

Freeport Corporation finds that demand for surfboards has average demand of 27 units per day, with a standard deviation of 3 units. Lead time from the supplier averages 13 days, with a standard deviation of 2 days. The i ...

Select a company that has violated an hr lawimagine that

Select a company that has violated an HR law. Imagine that you are a HR manager within that organization. You have been tasked with developing a training to help prevent future violations of the HR law. Compile research ...

  • 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