(Answered) Saga ltd produces electronic toys for children between the

Management Studies

Saga ltd. produces electronic toys for children between the ages of 7-10 years old. The toys use a processor that is imported from Japan. Annual demand for the processor is 12,500. The holding cost per processor per year is $2. Ordering cost per order is $400. Lead time is 7 days and the number of working days in the year is 250.

a. What is the economic order quantity?

b. What is the optimal number of orders per year?

c. Calculate the annual holding cost if the economic order quantity is used.

d. What is the optimal number of days between any two orders?

e. What is the reorder point?

f. Given the EOQ, what is the total annual inventory cost

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92721225
Price:- $30

Verified Expert

Priced at $60 Now at $30, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Briefly discuss the advantages and disadvantages of line

Briefly discuss the advantages and disadvantages of line balancing?

What is transformational leadership what are its

What is transformational leadership; what are its characteristics and are there cautions that should be aware of?

What are some examples of marketing activities that are

What are some examples of "marketing" activities that are associated with the Summer Olympics? How does global marketing and the use of new digital marketing techniques facilitate marketing activities at the Olympics in ...

Briefly explain employee motivation and Briefly explain Employee Motivation and

Briefly explain Employee Motivation and Empowerment.

Johanna likes to drink her coffee with milk and never black

Johanna likes to drink her coffee with milk (and never black!). She requires 3 tbsp of milk to be able to enjoy one cup of coffee. Suppose that Johanna has $22 to spend on coffee and milk per week. Coffee costs $1.25 per ...

A recent article in the myrtle beach sun times reported

A recent article in the Myrtle Beach Sun Times reported that mean labor cost to repair a color TV is $90 with a standard deviation of $22. Monte's TV sales & service completed repairs on two sets this morning. The labor ...

You have now had an introduction to organizational behavior

You have now had an introduction to organizational behavior, scientific management, the human relations school and other classical ways of looking at people in organizations. Focus your discussion on the following: What ...

Roberto is the network administrator for an international

Roberto is the network administrator for an international law firm with offices and customers in North America, South America, Africa, and the Middle East. The lawyers frequently contact each other via e-mail, use the In ...

Let sigmaab give the transition diagram for a

Let Σ={a,b}. Give the transition diagram for a nondeterministic ?nite state machine that accepts the set of strings in {a,b}∗ that contain a substring of length four that begins and ends with the same symbol. For example ...

Dairy cows in most countries calve on a regular annual

Dairy cows in most countries calve on a regular annual basis. Their milk output varies over the year accordingly, with a peak reached a few months after calving, followed by a decline to almost zero in the tenth month. K ...

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 Business Management Expert