A store has an annual demand for 2800 bicycles the cost of, Ask an Expert

Management Studies

A store has an annual demand for 2800 bicycles. The cost of purchase for each bicycle is $535. The ordering cost is estimated to be $141 and holding cost rate is 33% of unit cost. Order lead time is 12 days and the store is operating 365 days a year.

Calculate the Total Annual Inventory Cost using the information provided above.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92274852

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 write a research on how to build a positive employee

1. Write a research on how to build a positive employee relationships in a modern work environments. 2. Write a research paper on discrimination in the workplace: analyzing issues for today’s corporations. 3. Assume a no ...

1 what is an accord and satisfaction explain2 youre having

1. What is an Accord and Satisfaction? Explain. 2. You're having a dispute with Ford Motor Credit. You're sure you made last month's $800 payment, but they claim they never received it. You decide to refinance your loan ...

1 how should mcdonaldrsquos respond when ads promoting

1. How should McDonald’s respond when ads promoting healthy lifestyles featuring Ronald McDonald are equated with Joe Camel and cigarette ads? Should McDonald’s eliminate Ronald McDonald in its ads? 2. Discuss the merits ...

1 what are the five types of power according to french and

1. What are the five types of power according to French and Raven and what are the effects of these types of power? 2. Can you help me write an essay not more than 1000 words about marketing budget? 3. What characteristi ...

A manager wants to determine the number of containers to

A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month. The process will have a usage rate of 77 pieces per hour. Because the process is new, the ma ...

Michaelrsquos had 32 stores each in illinois and arizona

Michael’s had 32 stores each in Illinois and Arizona and sourced its products from eight suppliers located in the Midwest. The company began in Illinois and its stores in the state enjoyed strong sales. Each Illinois sto ...

Think about an advertisement in any medium that had either

Think about an advertisement (in any medium) that had either a strongly positive or strongly negative effect on your attitude toward the product being advertised or the advertiser itself. Why did the ad have this effect? ...

A what would be your first choice for an advertising medium

(a) What would be your first choice for an advertising medium for an entrepreneur owning a rental car agency? Why? (b) List three other possible advertising methods.: How can an entrepreneurial firm benefit from the serv ...

Meta education enters into the employment agreement with

Meta Education enters into the employment agreement with Hallie that contains a one-year non-competition provision. Six months after the parties sign the agreement, Hallie discloses that she wishes to go work for a compe ...

Turnaround at nissanin 1999 nissan was in a state of

Turnaround at Nissan In 1999, Nissan was in a state of serious decline and had lost money in all but one of the previous eight years. Only Renault’s willingness to assume part of Nissan’s debt saved the Japanese company ...

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