Flipco carries a basic black dress shoe that sells at an, Ask an Expert

Management Studies

FlipCo carries a basic black dress shoe that sells at an approximate constant rate of 320 pairs of shoes every four months. It costs FlipCo $36 to place an order. The annual holding cost rate is 15%. FlipCo’s current buying policy is to order 90 pairs each time an order is placed at a unit cost of $24 per pair. Other quantity discounts offered by the manufacturer is as follows:

Order Quantity /Price Per Pair

0 - 75 $30

76 - 150 $24

151 - 225 $18

226 or more $12

a) What is the recommended order quantity and total cost associated with the recommended order quantity?

b) What are the annual savings of your inventory policy over the policy currently being used by FlipCo?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92595354

Have any Question?Write your Review or question?

Related Questions in Operation Management

Think of an organization that has been in existence for as

Think of an organization that has been in existence for as long as you can remember. A Fortune 500 company for example. Why and how has the company managed to survive all the years despite radical growth in technology, p ...

Global warming wrap prompt 2013you are a consultant for

Global Warming: WRAP Prompt 2013 You are a consultant for Con-Glom Inc., an industrial equipment manufacturing firm. A coalition of concerned scientists and environmental groups has issued a report on global warming, the ...

1 customer value is defined as the customers evaluation of

1. Customer value is defined as the customer's evaluation of the perceived difference between all the benefits and all the costs of a marketing offer relative to those of competing offers. T/F 2. An aspect of managing se ...

1 what are the advantages and disadvantages of starting a

1. What are the advantages and disadvantages of starting a business from scratch? Please explain in 350 words or more 2. Based on what you analyzed, what is the most important factor in a successful new product and why? ...

Discussion board due thursday 250 300 words read carefully

Discussion board due thursday 250 300 words read carefully MY RESEACH IS ON LONG-TERM CARE FOR ALZHEIMER'S The collection of data can be the deciding factor as to whether research is considered valid or not. In this Disc ...

1 use the point method to evaluate jobs including front

1. Use the point method to evaluate jobs including Front Desk Receptionist, Administrative Assistant, Security Guard, Manager of Information Systems, and Payroll Assistant. It is the set of compensable factors that are i ...

Consider an invenotry model for a product where the demand

Consider an invenotry model for a product where the demand is constant at rate 12 per unit time. Assume that once an order of size y is placed, units arrive at a rate of 20 unit per time. Suppose the cost of placing and ...

A real estate investor has the opportunity to purchase land

A real estate investor has the opportunity to purchase land currently zoned residential. If the county board approves a request to rezone the property as commercial within the next year, the investor will be able to leas ...

Proofreading to catch errorsafter you compose your message

Proofreading to Catch Errors After you compose your message, you need to proofread. The proofreading process may take longer than the composition process. You don’t want to spend a lot of time composing the message and t ...

This is the essay section i have no idea how to add more to

This is the essay section i have no idea how to add more to the question if you think that i do not have enough information posted could you please tell me what i need to add as well as how i can just edit the question a ...

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