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

Assignment lasa- ikea analysis reportwhat is values-based

Assignment: LASA- IKEA Analysis Report What is values-based service? How can a company create value for customers and other stakeholders? Values-based service is defined as service that is firmly based on the core compan ...

Questionas a supply chain consultant for a global company

Question: As a supply chain consultant for a global company one has to be aware of the extra costs of importing goods into the US. US Customs can add significant costs to ownership when you add Anti-Dumping (AD) and Coun ...

Instructionsresearch and write a brief answer to the

Instructions: Research and write a brief answer to the following question. Your response should be between 300-400 words. Your work should follow the conventions of Standard American English (correct grammar, punctuation ...

You have just been promoted from front-line supervisor to

You have just been promoted from front-line supervisor to be one of the firm's senior managers. During your business education, you learned that the primary role of a manager is to make good decisions. As a supervisor, y ...

The fine garments company sells fashion clothing the

The Fine Garments Company sells fashion clothing. The forecasted annual demand for their premium leather jacket is 2,000. The order-processing cost per order is $40, and the inventory holding cost is $35/item/year. How m ...

This milestone focuses on the topic of compensating

This milestone focuses on the topic of compensating employees. Using the material on compensation provided in this week's lesson and the case study, write a short paper in which you: Describe the compensation philosophy ...

Question 1 what are the seven major elements of a customer

Question 1: What are the seven major elements of a customer vignette? Question 2: How do you make sure that image files are the right size for your Dreamweaver web page templates, and what file format do they need to be ...

1 a is an example of a first-line managera shift managerb

1. A ________ is an example of a first-line manager. A. shift manager. B. division manager. C. store manager. D. regional manager. 2. Establishing strategies for achieving organizational goals is a part of the ________ f ...

1 summarize the life cycle of a product introduction growth

1. Summarize the life cycle of a product (Introduction, Growth, Maturity, Decline) and explain how the stage of the life cycle impacts price. Provide two examples of products where you have seen this occur. 2. This modul ...

Building the new billing system for irtc customer service

Building the New Billing System for IRTC Customer Service Department. Project Stakeholders Describe how stakeholders were identified and analyzed, what tools and techniques were used to categorize and understand stakehol ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

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