Every month abc computers uses 2000 units of a fan in, Ask an Expert

Management Studies

Every month, ABC Computers uses 2,000 units of a fan in assembling laptops. The fan's unit cost (value) is $20. It costs ABC $100 to place an order with the fan supplier (including shippment and receiving costs) and the fan's annual holding cost is $4.80 per unit. Once placed, it takes 3 days for an order to arrive in stock. (Assume there are 360 days in a year not 365)

1) Compute EOQ

2) How many orders does the firm place in a year if order quantity is equal to EOQ?

3) What is the annual Inventory holding cost for this product at EOQ?

4) What is Total Annual Cost?

5) What is the re-order point?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91630008

Have any Question?Write your Review or question?

Related Questions in Operation Management

Your consulting firm just granted an exclusive contract for

Your consulting firm just granted an exclusive contract for Vanda Laye Corporate. You now must decide your pricing policy. The firm will encounter no fixed costs and all revenue is after taxes. As your firm has been gran ...

For this discussion think about a favorite product or

For this discussion, think about a favorite product or service. Briefly describe its function, purpose, use, and benefits. Next, identify (a) three types of needs that this product or service may fulfill and (b) three po ...

1 discuss the 4 parts of a feasibility study what factor or

1. Discuss the 4 parts of a feasibility study. What factor or variable is the most important in forecasting market demand for a new major league baseball stadium in Indianapolis? Provide supporting evidence for your sele ...

1 research at least two articles on the topic of

1. Research at least two articles on the topic of Information systems infrastructure: evolution and trends. Write a brief synthesis and summary of the two articles. How are the topics of the two articles related to the t ...

We have had numerous disasters both natural and man made we

We have had numerous disasters both natural and man made. We have had Hurricanes Irma, Jose, and Maria as the largest hurricanes. We have had the mass shooting in Las Vegas, the shooting in Paris, the shooting in Manches ...

Societal marketing directly challenges the credo of the

Societal marketing directly challenges the credo of the 1970s that “The business of business is business.” Societal marketing often focuses on environmental issues, such as reducing greenhouse gases (e.g. hybrid cars, so ...

Cato boldon 32 ceo and founder of optimum athletics reside

Cato Boldon 32, CEO and founder of Optimum Athletics, reside in the island of Trinidad and Tobago with his wife and children. The business has been in operation since 2008. He decided to start the business during the fin ...

Case 7 ldquoinvitrogen ardquocase study 7- strategic

Case 7 “Invitrogen (A)” (Case study 7- Strategic Management: Competitiveness and Globalization 12e: Hitt, Ireland, Hoskisson (page 78) Invitrogen was founded in 1987, the firm was one of the largest catalog life science ...

1 what is the cost of a chase-strategy based on the

1. What is the cost of a chase-strategy, based on the following information. Changes in capacity can only be made through 'layoff and hiring' personnel (Note: Assume that during March the company had the same number of p ...

Please read the ldquoshouldice hospital limited b case

Please read the “Shouldice Hospital Limited (B) Case Study and answer the following case questions: 1. As an advisor to Chairman Jack Shevell and his management team at Centric, what advice would you give them concerning ...

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