Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

problem 1: What is marketing? Describe the functions of marketing in today’s global business environment.

problem 2: What do you mean by the term inventory control? Give a brief categorization of inventories.

A manufacturer needs 2000 units of an item per annum. The cost of placing an Order is Rs. 10 per order and inventory carrying cost is 16% per year per unit of average inventory. The purchase price is Re. 1 per unit on the quantities below 1000 units.  A discount of 5% is ordered if the item is purchased in lots of 1000 units or above and there is a 7% discount if the whole annual requirement of 2000 units is purchased in a single lot. Find out the economic order quantity and the number of orders to be placed in a year.

problem 3: Marketing must aim at meeting a given consumer need instead of selling a given product. Comment on it.

problem 4: What is material management? Describe its importance.

problem 5: A manufacturer of Gen motors is needed to purchase 2400 castings per year. These castings are subject to quantity of Rs. 0.75 from a quoted price of Rs. 10, if the quantity purchased is 3000 numbers at any time. If the ordering cost is Rs. 100 and inventory carrying cost is 24% per year. Determine:

a) Economic order quantity.
b) Number of orders to be placed in a year.
c) Order interval, when working days in a year are 300.

problem 6:

a) Describe various steps involved in Always Better Control approach for categorizing items.
b) Illustrate drawbacks of the above approach.

problem 7: What do you understand the term called channels of distribution? State the factors influencing the choice of channel distribution.

problem 8: Derive an expression for an economic order quantity, clearly stating all the suppositions made in derivation.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M93591

Have any Question? 


Related Questions in Management Theories

Innovation and it in supply chainsinstructions on

Innovation and IT in supply chains Instructions on Assessment: The assessment for this module is comprised of two parts. You MUST complete both parts. Part 1: The first part is a group presentation, which accounts for 25 ...

Why do many organizations ban port scanning activities on

Why do many organizations ban port scanning activities on their internal networks? Why would ISPs an outbound port scanning by their customers? Why is TCP port 80 always of critical importance when securing an organizati ...

In 2000 words summarise and analyse at least 6 scholarly

In 2000 words, summarise and analyse at least 6 scholarly sources on the topic of CSR and the Ecological Environment. The Literature Review should be based on scholarly articles written on the topic between 2008 and 2016 ...

Write a 1050- to 1400-word paper addressing the following

Write a 1,050- to 1,400-word paper addressing the following: Identify two jobs within the company of your choice. Describe the general function of performance management systems. If your assigned company does not use a p ...

Team building project - team communicationyour new team for

Team Building Project - Team Communication Your new team for Health Care, Inc may consist of team members from different locations. Construct a plan that ensures a virtual team's performance will meet the team's goals. Y ...

For this assignment write a minimum of 4 pages in length

For this assignment, write a minimum of 4 pages in length describing your intervention plan to lead the people in conflict toward transformative change. Be sure to use the unit lesson as a guide. Incorporate at least fiv ...

Discussion question - five bases of powerconduct research

Discussion Question - Five Bases of Power Conduct research on French and Raven's five bases of power, which include coercive, legitimate, reward, referent, and expert power. For the first part of your post, choose five l ...

What four types of controls or applications can be used to

What four types of controls or applications can be used to avoid risk? Describe how outsourcing can be used for risk transference? What conditions must be met to ensure that risk acceptance has been used properly? What i ...

Assignment - conduct an interviewthis assignment has been

Assignment - Conduct an Interview This Assignment has been designed to allow you to demonstrate your communication, facilitation, negotiation, analytical and evaluation skills to complete client assessment. You are requi ...

1 describe each of the six steps involved in developing a

1. Describe each of the six steps involved in developing a project strategy. 2. Describe the advantages and disadvantages of functional, projectized, and matrixed organizational structures.  Turner, J. R. (2014). Handboo ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen