A produce distributor uses 771 packing crates a month which, Ask an Expert

Management Studies

A produce distributor uses 771 packing crates a month, which it purchases at a cost of $9 each. The manager has assigned an annual carrying cost of 31 percent of the purchase price per crate. Ordering costs are $26. Currently, the manager orders once a month.

How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.)

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93121382

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 you are asked to give a speech to a high school fbla

1. You are asked to give a speech to a high school FBLA (Future Business Leaders of America) class that will introduce them to business ethics. Write a 1-2 page outline of your speech. Also include why you will cover the ...

A identify three 3 financial strengths for facebook

A. Identify three (3) financial strengths for Facebook including one using a financial ratio. The strengths must be specific and actionable. B. Identify three (3) internal weaknesses that are not financial but represent ...

1 cost allocation to different departments products

1. Cost allocation to different departments, products, processes within a business is an often contentious issue in managerial accounting systems. Most businesses allocate at least some costs. Some division managers argu ...

What is strategy by michael eporterread what is strategy

What is Strategy ? By Michael E.Porter Read "What is Strategy" by Michael Porter. Answer: 1. What is the root of the problem? 2. Describe the Productivity Frontier 3. What are the challenges with benchmarking 4. What are ...

Assignmentyou have been assigned by your manager to provide

Assignment You have been assigned by your manager to provide the acquisition strategy to acquire 10,000 Widgets for a multi-year requirement within a notional budget of $100M. The major Line Items are 1) Required Hardwar ...

Put yourself in the shoes of a purchasing agent for a

Put yourself in the shoes of a purchasing agent for a medium sized corporation. (In other words, take off your government hats for a moment.) Answer one of the questions below and comment on one other student’s posting. ...

1 how has the history of health care compliance changed

1. How has the history of health care compliance changed since its inception? (Hint: Look at the ways in which penalties have increased in various ways.) What do you think will be the key to getting control of the issue ...

Using bmw as the company describe the nature of business of

Using BMW as the company describe the nature of business of the selected organisation and explain the impact of fluctuations of the exchange rate on business performance. Identify and explain three factors that may have ...

This chapter addressed computer-delivered training

This chapter addressed computer-delivered training. Let’s discuss the pros and cons of that method, as opposed to face to face traditional training. (Of course, all of you taking this course have distance learning and tr ...

Improvement in standard of living education gives a person

Improvement in Standard of Living: Education gives a person all necessary knowledge and tools about how he can earn his daily bread and butter. He also gets knowledge about how he can raise standard of living with fulfil ...

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