Andronicorsquos in the financial center is open 300 days a, Ask an Expert

Management Studies

Andronico’s in the financial center is open 300 days a year. They sell Organic Hummus; and sales are approximately normally distributed with an average of 100 tubs/day and a standard deviation of 25 tubs/day. The wholesale cost is $1.80/tub, and they calculate their annual holding costs by using 20% of the wholesale cost. Orders cost $50 to place, regardless of number of tubs ordered and take 4 days to arrive.

a) What is the economic order quantity (EOQ) for Organic Hummus?

b) What are total annual cycle-stock holding costs for Organic Hummus?

c) What are the total annual fixed order costs for Organic Hummus?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92184867

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 assess your followership style using this tool create a

1. Assess your followership style using this tool. Create a post that identifies your followership style, and indicate why you agree or disagree with the outcome. Elite Burger: New Product Launch Case Scenario 2. What ar ...

Case study assignmentinstructions each of you have been

Case Study Assignment Instructions: Each of you have been assigned a company to complete a case study analysis report. The case distribution can be found on BlackBoard (course content -> case study analysis - > case stud ...

Suppose that you are the managing director of mlk auto

Suppose that you are the managing director of MLK Auto Company, which is considering expanding its business to China. You wish to produce your auto parts within Chinese borders so that you can lower your labor costs and ...

A manufacturer is studying a proposal to install an

A manufacturer is studying a proposal to install an automatic device at one of its production operations. The device would perform the operation in exactly 0.5 minutes. At present, there is a (single server) manual opera ...

Case study cable amp moore with the company expanding into

Case Study: Cable & Moore: With the company expanding into several new markets in the coming months, Cable & Moore was anticipating a large increase in sales revenue. The future looked bright for this provider of televis ...

Case studyformal essay formattyped double-spaced and

Case Study: Formal Essay Format: Typed, double-spaced, and written in 3rd person only (i.e., he, she, it, one, etc.) (no I, me, we, or you) utilizing APA or MLA format. If references are used, citations and bibliography ...

1 what are the challenges of managing the outsourced supply

1. What are the challenges of managing the outsourced supply chain in terms of...... -Research -Development -Manufacturing -Distribution -M&S 2. Which of the following techniques uses variables, such as price and promoti ...

Download this assignment in word and type answers directly

Download this assignment in word and type answers directly below the questions. 1. Name the federal agency charged with enforcement of employment discrimination. 2. Name the California agency charged with enforcement of ...

What is a brand what is the difference between a brand and

What is a brand? What is the difference between a brand and a product? Why is it important to know your customer when creating a brand? What are the benefits of a strong brand? Consider one of your favorite brands of foo ...

Do some research on 2 firms in your industry or an industry

Do some research on 2 firms in your industry or an Industry in which you are intrested. Can you get an idea of their working capital management policies from publicly available information? How do the 2 companies differ ...

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