An organization has had a policy of ordering 70 units at a, Ask an Expert

Management Studies

An organization has had a policy of ordering 70 units at a time. Their annual demand is 340 units, and the item has an annual carrying cost of $2. The assumptions of the EOQ are thought to apply. For what value of ordering cost would this order size be optimal? A. $14.41 B. $73.62 C. $28.82 D. $7.20 E. $25.00

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92185073

Have any Question?Write your Review or question?

Related Questions in Operation Management

Prepare a 10- to 15-slide powerpointreg presentation with

Prepare a 10- to 15-slide PowerPoint® presentation with Speaker Notes addressing the following: Convoy Trucking just won a large bid with a new customer called H2Glow. The new customer is in the contaminated water busine ...

Assignment1 after reading the case scenario in the

Assignment 1. After reading the case scenario in the document linked above, make an argument for one of the actions: staying with your teammate or descending alone. The technical aspects of mountain climbing are not impo ...

Digirolamo j 2015 coaching for professional development -

DiGirolamo, J. (2015). Coaching for professional development. - Pulakos, E. D., Mueller-Hanson, R. A., O’Leary, R. S., & Meyrowitz, M. M. (2012). Building a high performance culture: A fresh look at performance managemen ...

Annual demand for an item is 6500 units with the cost per

Annual demand for an item is 6,500 units with the cost per unit at $380. The inventory holding rate is 18% and the ordering cost is $15.00 per order. The standard deviation of daily demand is 7 units. Assume 261 days in ...

Explain the origin or reason for these internal or external

Explain the origin or reason for these internal or external driving forces. Explain how these forces directly affect the viability of your organization. Choose one of the driving forces. Describe the specific issues this ...

1 list any two of the business conditions that make a

1. List any two of the business conditions that make a company's supply chain operations a good candidate for postponement. 2. How does outsourcing and supply chain IT solutions play a role in implementing a postponement ...

1- when we discussed nursing in hospitals we talked about

1- When we discussed nursing in hospitals, we talked about the use of 12-hour shift. from whose perspective is this an attractive use of flexible staffing and why? from whose perspective would this not be attractive and ...

Given that supply chain decisions rely on accurate

Given that supply chain decisions rely on accurate inventory balances, demonstrates the ability to maximize and control inventory across the entire supply chain. Analyze computer asset productivity and customer service r ...

Jan tuttle is the inventory manager of an art supply store

Jan Tuttle is the inventory manager of an art supply store. She uses a periodic review system for all oil paints. The number of periods between orders (P) for red #68 is 15 workdays. (The store operates 50 weeks per year ...

1 there are 8 dimensions of effective microsystems which

1. There are 8 dimensions of effective Microsystems. Which two (2) do you believe are the most important and why? Please provide examples to illustrate your position. Don’t forget to cite sources to support your position ...

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