A particular raw material is available to a company at, Ask an Expert

Management Studies

A particular raw material is available to a company at three different prices, depending on the size of the order: Less than 100 pounds $ 20 per pound 100 pounds to 1,999 pounds $ 19 per pound 2,000 pounds or more $ 18 per pound The cost to place an order is $60. Annual demand is 4,200 units. Holding (or carrying) cost is 30 percent of the material price. What is the economic order quantity to buy each time, and its total cost? (Round your answers to the nearest whole number.)

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92448220

Have any Question?Write your Review or question?

Related Questions in Operation Management

Patents provide protection for new products in the

Patents provide protection for new products in the marketplace. Patent protection allows pharmaceutical companies to sell drugs for a number of years without direct competition. This can result in extremely high prices f ...

The purpose of the second part of the comprehensive project

The purpose of the second part of the comprehensive project is to compute financial statement ratios. Based on the company you selected in Part I, complete the following: Based on formulas in your textbook, compute the f ...

1 develop a report explaining how leaders might make use of

1. Develop a report explaining how leaders might make use of Maslow's hierarchy of needs to shape public opinion. Be specific with your examples. 2. Present a scenario (fictitious or factual) where an authentic leader mi ...

1 what kinds of people make good project champions how can

1. What kinds of people make good project champions? How can a firm ensure that it gets the benefits of championing while minimizing the risks? 2. What are some advantages and disadvantages of collocation? For what types ...

Task the argumentative essay must be 1500 words -10 in

Task: The argumentative essay must be 1500 words (+/-10%) in length. Format and layout in professional manner ( i.e. 1.5 spacing, 12-size font, Times New Roman). Assessment cover page included, within the word count. T ...

Crises at toyota and your client companyin this discussion

Crises at Toyota and Your Client Company In this discussion, review Gerondeau's 2015 article, "How Toyota Recovered From a Huge Crisis. What Can Be Learned From It." (as found in this unit's Studies). Respond to some or ...

Angels inc is considering bringing the garage fabrication

Angels Inc. is considering bringing the garage fabrication process (which is currently outsourced) in-house. If garage fabrication were brought in-house, the factory would be structured as follows. Roofs are punched in a ...

Module overviewmostly consumers benefit from competition

Module Overview Mostly consumers benefit from competition through greater choices and lower prices. However, not all markets are equally competitive. Consider the airline industry. Would prices of commercial aircraft-and ...

Individual assignment suggested level of effort 3 hoursread

Individual Assignment (suggested level of effort: 3 hours) Read the Suburban Homes Construction Project case study CPM 4e and answer the following questions in a paper formatted using a question-response format: Question ...

1- how are customer expectations related to customer

1- How are customer expectations related to customer satisfaction? How does customer satisfaction fit into overall CRM? 2-What are the different “types” of loyalty that may be considered relevant for the organization? Ho ...

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