Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

The following information was collected by the distribution manager

• R (annual demand) in units = 9,750

• V (value) per box = $62.50

• W (inventory carrying cost) = 23%

• A (order cost) = $75

• Y (in-transit carrying cost) = 19%

• tm (motor carrier) = 4 days

• ta ( air carrier) = 2 days

• Weight = 5 lbs per box

• Motor Carrier Rate = $0.40 per 50 lbs

• Air Carrier Rate = $0.75 per 50 lbs

• use 365 days per year

a. What is the economic order quantity? In pounds?

b. What is the total cost (NOT considering transportation - related costs) of the EOQ?

c. What is the total cost for using motor carrier transportation?

d. What is the total cost for using air carrier transportation?

e. Which alternative should GasBag use and why?

f. Discuss EOQ. What is it and why is it important?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M973728
  • Price:- $50

Guranteed 36 Hours Delivery, In Price:- $50

Have any Question?


Related Questions in Business Management

Programming assignment 1a prime number is a positive

Programming Assignment 1: A prime number is a positive integer evenly divisible by exactly two positive integers: itself and 1. The first five prime numbers are 2, 3, 5, 7, and 11. Sometimes two consecutive odd numbers a ...

Define the law of diminishing marginal utility explain two

Define the law of diminishing marginal utility. Explain two instances where the law of diminishing marginal utility applied to households. Give one example when the law of diminishing marginal utility failed for a consum ...

International business questions -1 to export or not to

International Business Questions - 1. To export, or not to export that is the question Why would you be inclined to export? Or, why would you be disinclined to export? 2. Overcoming Challenges How would you overcome the ...

National city financial services corporation information

NATIONAL CITY FINANCIAL SERVICES CORPORATION INFORMATION GOVERNANCE PROGRAM: PHASE I: Please read and familiarize yourself with the general description for your research project included in the CONTENT section of iLearn. ...

Given a string s of length n design an algorithm that

Given a string s of length n, design an algorithm that outputs the smallest number k such that s = w1w2 . . . wk where each wi is a palindrome. In other words, find the smallest k such that s can be written as a concaten ...

Q1 define sexuality and discuss how it influences behaviour

Q1. Define sexuality and discuss how it influences behaviour at work Q2. What part do masculinity and femininity play in organizational life?

Please response to a discussion post below from a

Please response to a discussion post below from a classmate. The three concepts or ideas I have gathered from my time in class are the basic principles of servant leadership, leadership and culture in military operations ...

Suppose a finite deck of numeric cards 1 2 3 have been

Suppose a finite deck of numeric cards 1, 2, 3, ... have been shuffled randomly. Repeat the following step: If the top card is numbered 1, the game terminates. But if it is any number n > 1, then reverse the ordering of ...

Discussion boardwhat is a smart sustainable city in your

Discussion Board: What is a smart sustainable city in your opinion? Course name: NEW Product and Service Innovation

Imagine that your team has a very passionate but powerful

Imagine that your team has a very passionate but powerful older team member who often speaks over others. You know you need to keep everyone equal in the team if you are to hold effective meetings to solve customer servi ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved