Question annual demand for a made-to-stock product is 60000, Ask an Expert

Management Studies

Question: Annual demand for a made-to-stock product is 60,000 units. Each unit costs $8.00, and the annual holding cost rate = 24%. Setup time to change over equipment for this product = 6 hr, and the downtime cost of the equipment $120/hr. Determine:

(a) economic order quantity and

(b) total inventory costs.

View complete question

Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M92262791

Have any Question?Write your Review or question?

Related Questions in Management Theories

Benchmark - community teaching plan community

Benchmark - Community Teaching Plan: Community Presentation Note: This is an individual assignment. Based on the feedback offered by the provider, identify the best approach for teaching. Prepare a presentation to accomp ...

Identify how protecting sovereign boundaries in regards to

Identify how protecting sovereign boundaries in regards to intellectual property has a positive effect on the GDP . Your answer should be in complete sentences

Team projectprepare an evaluation of quality within the

Team Project Prepare an evaluation of quality within the organization chosen by the team Use information learned in this course and in prior courses in statistics or quantitative methods, apply the appropriate tools to f ...

A how can use the criteria for evaluating alternative

a) How can use the criteria for evaluating alternative methods of government finance to assess the most important revenue proposals of the 2018/19 budget. b) In the case tax is most important revenue proposals of the 201 ...

Assume that a perfectly competitive firm has the following

Assume that a perfectly competitive firm has the following revenue and cost functions: TC= 5625 +5Q + 0.01Q^2 AVC=5 + 0.01Q MC=5 + 0.02Q TR=20Q A) what is the level of output that maximizes profits, if any? Compute profi ...

Discussion post in a minimum of 150 words select one of the

Discussion Post: In a minimum of 150 words, select one of the discussion questions from the case study and answer the discussion question you selected. (The list of discussion questions from the case study are listed bel ...

Assessment descriptionthis assessment is a culmination

Assessment Description This assessment is a culmination piece, in which you will be given an opportunity to combine the information you have accumulated in Assessments 1 and 2. More importantly, you will need to showcase ...

In-depth evaluation of a retailers sustainability impacts

In-Depth Evaluation of a Retailer's Sustainability Impacts and Policies/Initiatives Coursework requirement This coursework requires that you prepare a report based on an in-depth evaluation of the sustainability impacts ...

Discussion - this discussion deals with the important topic

Discussion - This Discussion deals with the important topic of whether money is a motivator for increased job performance and satisfaction. Look at your own history of how you have been compensated, what problems you saw ...

Two goods cloth and wine two countries a and b suppose that

Two goods: cloth and wine; two countries A and B. Suppose that the autarky relative price of cloth in country A is 1.2 and in country B is 2.5. Suppose cloth is on horizontal axis and wine on the vertical. If the relativ ...

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 Management Theories Expert