Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Project Management Expert

A computer-supply mail order house has the memory chip in inventory that it sells to customers around country. A Japanese manufacturer supplies the item using airfreight. It has following characteristics: Average annual demand = 3,200 Replenishment lead time = 1.5 weeks Carrying cost = 15% per year Purchase price, delivered = $55 per unit Procurement ordering cost = $35 per order

a. Design the reorder point technique of control for this item.

b. What are annual ordering and annual carrying costs if your design is employed?

c. Assume that the lead time stretches to three weeks, so that the ROP>Q*. What adjustments would you recommend making in control policy?

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M914779

Have any Question? 


Related Questions in Project Management

One of the most common reasons for not wanting to adopt a

One of the most common reasons for not wanting to adopt a matrix is the excessive administrative costs and accompanying overhead costs. Would you expect the overhead rates to decrease as the matrix matures? (Disregard ot ...

1 how do efficiency and effectiveness metrics differ2 what

1. How do efficiency and effectiveness metrics differ? 2. What are some commonly used infrastructurecentric metrics? 3. What are some commonly used Web-centric metrics?

1 for advanced students determine mathematically

1. For advanced students, determine mathematically (analytically) if there is a minimum limit on the depth and width of the square well in order to bind the second electron. 2. The experimental electron affinity to an is ...

Jordans furniture shoppertaining its target marketsamuel

Jordan's Furniture: Shoppertaining Its Target Market Samuel Tatelman began selling furniture out of the back of his truck in Waltham, Massachusetts, in 1918. Today, his grandsons, Eliot and Barry, sell more furniture per ...

1 how do industry profits change as a product moves through

1. How do industry profits change as a product moves through the four stages of its life cycle? 2. What are the stages in the product adoption process, and how do they affect the commercialization phase? 3. How does bran ...

For each measure listed below indicate whether it is

For each measure listed below, indicate whether it is measured on a nominal, ordinal, interval, or ratio scale of measurement. a. body temperature b. sexual orientation c. the number of times that a baby smiles in 5 minu ...

1 how do environmental business interpersonal and

1. How do environmental, business, interpersonal, and individual factors affect business purchases? 2. What function does an industrial classification system help marketers perform? 3. List some sources that a business m ...

Coursework briefcompany and project descriptiondementor

COURSEWORK BRIEF: Company and Project Description: Dementor Fracking Ltd employs 50 people and is proposing to develop a Shale Gas drilling site, which is to be located one mile from each of three surrounding rural villa ...

1 what factors influence a buyers willingness to spend2

1. What factors influence a buyer's willingness to spend? 2. What are the goals of the Federal Trade Commission? List the ways in which the FTC affects marketing activities. Do you think that a single regulatory agency s ...

Closing the great health care divide with pattern

CLOSING THE GREAT HEALTH CARE DIVIDE WITH PATTERN RECOGNITION AND DATA - MINING TECHNOLOGIES In today's world, people, cultures, and nations are distinguished by which side of the " great divides" they are on. There are ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen