Holding costs of inventory are 24 of the purchase price per, Ask an Expert

Management Studies

The They Hatch'em, You Scratch'em, We Catch'e, Pet products company has an annual demand of 2,000 flea collars. Each collar costs $1.75 in quantities of less than 700 and $1.35 in quantities of 700 of more. Ordering costs are $12.00 per order. Holding costs of inventory are 24% of the purchase price per year. How much should be ordered each time to minimize total cost?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M979403

Have any Question?Write your Review or question?

Related Questions in Operation Management

Reorder point the same jewelry maker has recorded the

Reorder Point. The same jewelry maker has recorded the information below to calculate the reorder point. (Hint: Use the Z value corresponding to 95% confidence, Z = 1.96. Round all intermediate values (calculations not a ...

In this exercise i want you to discuss some of the problems

In this exercise I want you to discuss some of the problems a company faces with global supply chain management. Research a global firm such as Walmart, Apple, Nike or an automotive company. Describe the supply chain; wh ...

1 when can a carrier withhold delivery of a shipment

1. When can a carrier withhold delivery of a shipment because the shipper or consignee has not paid past freight bill obligations? 2. “Greed, for lack of a better word, is good,” (Wall Street, 1987). Is greed good or bad ...

What if any are the ethical reasons why rjr should change

What, if any, are the ethical reasons why RJR should change its promotions and what, if any, changes should it make? Are any of the arguments tobacco companies make in their defense legitimate? Explain. What would each o ...

1 what role does society through its government structures

1. What role does society, through its government structures, play in business? Can they mandate ethical behavior? 2. Is there any potential for FedEx to enter into (additional) long-term cooperative relationships with s ...

Persuasive speech outline draft estimated time to complete

Persuasive Speech Outline Draft Estimated time to complete: 2 hours Please complete the following steps for your discussion post and response. The post should be written in outline form. To prepare the outline, use the f ...

Effective procurement is about selecting the right sources

Effective procurement is about selecting the right sources (Ward, 2016). The most common measures of success are completing the project on time, on budget, and according the specifications. That cannot be achieved, howev ...

1 what role does middle management play in the overall

1. What role does "middle management" play in the overall performance of an organization and how vital are these personnel to the core function of the organization? 2. Can a PMO accelerate the implementation process? 3. ...

Questions for discussion1does monsanto maintain an ethical

Questions for Discussion 1. Does Monsanto maintain an ethical culture that effectively responds to various stakeholders? 2. Compare the benefits of growing GM seeds for crops with the potential negative consequences of u ...

1 which of the following strategies for reducing the common

1. Which of the following strategies for reducing the common information effect has been found to be most effective? 2. Which of the following actions by the team or their leadership can result in reduced team performanc ...

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