Leaky pipe a local retailer of plumbing supplies faces, Ask an Expert

Management Studies

Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of 30,000 units per year. It costs Leaky Pipe $10 to process an order to replenish stock and $1 per unit per year to carry the item in stock.

Stock is received 4 working days after an order is placed. No backordering is allowed.

Assume 300 worldng days a year. What is Leaky Pipe's optimal order quantity?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92679783

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 what were hyatt hotels corporationrsquos motives in

1. What were Hyatt Hotels Corporation’s motives in expanding its brand portfolio? 2. What are HHC's motives in choosing an internationalization strategy for its lower category Hyatt Place brand? 3. What modes of entry mi ...

1 are applied practices of the ethical frameworka valuesb

1. ____________ are applied practices of the ethical framework. a. Values b. Morals c. Principles d. Both values and morals e. None of these is correct. 2. are responsible for incorporating ethical frameworks and moral p ...

1 do you believe americans concern for the environment is a

1. Do you believe Americans' concern for the environment is a stronger value than their materialism? What ethical issues do you see relating to green marketing? 2. What guidance does your official code offer? What does y ...

Calculate the unweighted average and identify the median

Calculate the unweighted average and identify the median for the following company's wages. also calculate the weighted average for both companies wages together. Company a. 8.00 8.15 8.25 9.00 8.00 Company b 8.25 10.00 ...

1 what administrative powers does the eeoc have and what

1. What administrative powers does the EEOC have, and what remedies can it exercise against a discriminating employer? How long does an employee have to file a claim with the EEOC? 2. Describe how the performance managem ...

Wendy the director of research at stott associates has

Wendy, the director of research at Stott Associates, has asked Simon, one of the senior consultants, to manage a project team that will be researching cost-cutting measures for the firm. Wendy gives Simon her view of the ...

1 describe a business you are familiar with discuss one way

1. Describe a business you are familiar with. Discuss ONE way this firm adjusts its short-term capacity levels. Make sure to provide enough information on the business. 2. Define and describe Moral intensity. 3. Provide ...

1 research at least two articles on the topic of the

1. Research at least two articles on the topic of the strategic importance of cloud computing in business organizations. Write a brief synthesis and summary of the two articles. How are the topics of the two articles rel ...

1 describe the significant changes in the health industry

1. Describe the significant changes in the health industry that prompt an integrated approach for utilizing health information from multiple areas to make good decisions for health-services delivery and improved health s ...

The motivatorsrewards of profit independence and personal

The motivators/rewards of profit, independence and personal satisfaction are three reasons individuals enter entrepreneurial careers. What problems might be anticipated if an entrepreneur were to become obsessed with one ...

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