A mail-order house uses 15010 boxes a year carrying costs, Ask an Expert

Management Studies

A mail-order house uses 15,010 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.25 2,000 to 4,999 1.20 5,000 to 9,999 1.15 10,000 or more 1.10 a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) Optimal order quantity boxes b. Determine the number of orders per year. (Round your answer to 2 decimal places.) Number of order per year

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91645600

Have any Question?Write your Review or question?

Related Questions in Operation Management

Given an opportunity to align business decisions with

Given an opportunity to align business decisions with operations functions, apply a sales and operations plan (S&OP) to increase in supply chains. Analyze the relevant costs in creating an aggregate plan. Compare and con ...

Discussion question in your own words and by finding

Discussion Question : In your own words and by finding information in the web, explain the steps and benefits of using a Six Sigma Methodology in a Decision Making Process. Demonstrate your thought using an example of th ...

Respond to these questions using a sample project of your

Respond to these questions using a sample project of your choice: Identify the risks associated planned procurement approach. Describe the probability that risks will occur and the impact if it does. Describe risk respon ...

Express your opinion about ios system determine the

Express your opinion about ios system. Determine the advantages and the disadvantages of the system. Develop your opinion based on : The ease of use Functionality Drill down Words count between 250 to 300 words.

1 suppose you are interested in an investment with an

1. Suppose you are interested in an investment with an uncertain return. You think that the return could be modeled as a normal random variable with mean $2000 and standard deviation $1500. What is the probability that t ...

Management question1 identify the five forces that underlie

Management Question 1. Identify the five forces that underlie Porter’s five forces model of competition. 2. Analyse the industry structure of the public transport industry in Hong Kong and assess its attractiveness with ...

Select one of the 5 major areas of Select one of the 5 major areas of business:

Select one of the 5 major areas of business: Accounting Finance Marketing Management Economics Once selected, elaborated on the importance of the selected area to general business. Reflect on what you have learned in the ...

1 why do you want to work in electronic payment section for

1. Why do you want to work in electronic payment section for a transportation commission company 2. Elaborate and describe the key steps in the marketing research process that Panasonic should take in the context of intr ...

You are having coffee with your long-time friend and fellow

You are having coffee with your long-time friend and fellow employee (but not someone directly in your chain of command), when she discloses to you in-confidence that she has stolen money from the "petty cash" drawer to ...

1 how an organisation to rise to become an employer of

1. How an organisation to rise to become an employer of choice? 2. Culture changes or Improvement initiative needed in an organisation with reference to a successful case study?

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