Huckaby motor services inc rebuilds small electrical items, Ask an Expert

Management Studies

Huckaby Motor Services, Inc. rebuilds small electrical items such as motors, alternators, and transformers, all using a certain type of copper wire. The firm's demand for this wire is approximately normal, averaging 20 spools per week, with a standard deviation of 6 spools per week. Cost per spool is $24; ordering costs are $25 per order; inventory handling cost is $4.00 per spool per year. Acquisition lead time is four weeks. The company works 50, 5-day weeks per year.

a. What is the optimal size of an order, if minimization of inventory system cost is the objective ?

b. What are the safety stock and reorder point if the desired service level is 90% ?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92184993

Have any Question?Write your Review or question?

Related Questions in Operation Management

Make a list of ten very effective leaders individuals whom

Make a list of ten very effective leaders (individuals whom most everyone would recognize as leaders). 1. What do these leaders have in common? 2. What behavior theory would you use to describe each one? type the answer ...

Choose a concept or theory from the reading this week and

Choose a concept or theory from the reading this week and respond to the following: The Theory is : The I-IT,I-YOU, I-THOU Communication 1. Why did you choose this theory or concept? What is the theory or concept importa ...

1 think of an occasion when you faced a miscommunication

1. Think of an occasion when you faced a miscommunication problem. What do you think caused the problem? How do you think it should have been handled better? 2. Report examples of “mixed signals” you have received (or se ...

1 using a major search engineresearch the sale of nbc

1. Using a major search engine,research the sale of NBC Universal . In the context of business portfolio analysis, why did GE decide to sell ,and Comcast decide to buy NBC University? 2. How does power influence the acti ...

1 the belif that you are a valuable and unique human being

1. The belif that you are a valuable and unique human being who has something positive to offer the world is called: a. self-esteem. b. goal setting. c. awareness. d. self-consciousness. 2. All of the "I am" statements a ...

How is emigration relocation of people from other countries

How is emigration (relocation of people from other countries to the U.S.) is taken in those "other" countries? The stereotype is that people from "developing" countries come to the U.S. and "steal" jobs that Americans us ...

1 what should be the vision mission and objectives of

1. What should be the vision, mission and objectives of ministry of tourism of jammu and kashmir, india alongwith the organisational structure/scaling to make it successful 2. Discuss ways in which uncompensated care del ...

Thomas turcott was acting as an agent of dolores mendez

Thomas Turcott was acting as an agent of Dolores Mendez when Mendez instructed Turcott to purchase a quantity of fur products for her. Turcott ordered the fur from Teodore Thompkin Fur Co in his own name. The fur product ...

1 product placement decreases realism in programming which

1. Product placement decreases realism in programming, which is why producers rarely want to use them. Select one: True False 2. One disadvantage of consumer generated advertising is that consumer’s often resent being as ...

1 discuss how a company uses intranets and extranets to

1. Discuss how a company uses intranets and extranets to communicate with employees and outside companies/workers. 2. What social media platforms do you find helpful for work/school. 3. Discuss the advantages and disadva ...

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