(Answered) The demand for a certain item is 16 units per period

Management Studies

The demand for a certain item is 16 units per period. Unsatisfied demand causes a shortage cost of Rs.0.75 per unit per short period.

The cost of initiating purchasing action is Rs. 15.00 per purchase and the holding cost is 15% of average inventory valuation per period. Item cost is Rs. 8.00 per unit. Find the minimum cost and purchase quantity.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92098299
Price:- $5

Verified Expert

Priced at $10 Now at $5, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Bulldescribe an example of a psychic prison experienced in

• Describe an example of a "psychic prison" experienced in an organization • Explain how the concept of the psychic prison could be useful in understanding one's own behavior from managerial standpoint and employees beha ...

In what ways can self-knowledge lead to more effective

In what ways can self-knowledge lead to more effective managerial work?

Do i include an apa outline in the final draft of a course

Do I include an APA outline in the final draft of a course project? I am unsure if I should use the outline, a table of contents, or both. The Professor had asked for an outline as a deliverable earlier in the course but ...

With respect to the different environments within an

With respect to the different environments within an organization (certain, risk, or uncertain), why is it best for an organization to support both systematic or mostly intuitive thinkers?

Since water is heavier to carry than an empty pail it

Since water is heavier to carry than an empty pail, it should take longer to walk when carrying water than when not. Suppose travel time is proportional to distance traveled and that travel takes w ( w > 0) times as long ...

Assignmentnbspon information systems audit and

Assignment on Information Systems audit and controls Assignment purpose: Elaborate on the different types of control that are applied in a hospital (Preventive, detective and corrective control). Evaluate the logical an ...

Assess the organizational dimensions that must be

Assess the organizational dimensions that must be considered when selecting organizational structures.

How can the bangladesh unclean water and sanitation problem

How can the Bangladesh unclean water and sanitation problem be combated?

Miriam is a senior manager for an international chain of

Miriam is a senior manager for an international chain of fitness centers. Two suppliers provide exercise machines for her company. Which of the following is the wisest advice on how Miriam should manage her suppliers? 1. ...

When there is new management employees react in in a

When there is new management employees react in in a negative way sometimes,why? What can leaders do to avoid this skeptical reaction on the part of employees and ensure that the new vision/mission is embraced?

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