Wilson industries sources from multiple suppliers and is, Ask an Expert

Management Studies

Wilson industries sources from multiple suppliers and is considering the aggregation of inbound shipments to lower its costs. Truck load shipments costs $500 per truck along with $100 per pickup. Average annual demand from each supplier is 10,000 units. Each unit costs $50 and Wilson incurs a cost of 20%.

What is the optimal order frequency and order lot size if Wilson decides to aggregate 4 suppliers per truck? What is the annual ordering and inventory carrying costs for Wilson? (You do not need to compute the material cost).

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91753297

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 in your opinion what are some indicators of a good leader

1. In your opinion, what are some indicators of a good leader? Why are these indicators important to you? 2. Analyze the steps of knowledge discovery of data processing. Give an example. IN 200 WORDS OR MORE 3. What are ...

Assignmentemployee turnover in the hospitality industry

Assignment Employee turnover in the hospitality industry averages 400% annually. This means that, on average, 100% of the staff of a restaurant, hotel, airline, cruise ship, etc. is replaced four (4) times per year. Ther ...

Background island palms general hospital ipgh is in the

Background: Island Palms General Hospital (IPGH) is in the process of joining BeachNet—a health information exchange (HIE) organization in the community. IPGH will need to incorporate new policies and procedures for gove ...

1 name a specific company or organization that you are

1) Name a specific company, or organization that you are interested in, and identify 3 specific strategies that they should consider to improve their operational performance. In your answer discuss the obstacles to their ...

Chapter 1explain fully superior customer value and

Chapter 1 Explain fully superior customer value and synergies. Explain fully corporate strategy and all the components of corporate strategy. Explain fully strategic business unit. Explain fully market segmentation and m ...

1 the case involving new haven connecticut fighters ricci v

1) The case involving New Haven Connecticut fighters, Ricci v. DeStefano. What's an employer to do? The fire department management it thought the promotion exam had a disparate impact on minorities, and they threw out th ...

Two twelve year old children are playing at one childs home

Two twelve year old children are playing at one child's home when they find that the parents have accidentally left unlocked the cabinet in which a loaded gun is kept. One child carefully shows the other how the clip is ...

A management meeting for 12 section managers is due to be

A management meeting for 12 section managers is due to be held on Tuesday, 24 November commencing at 9.30 am and finishing at 4.00 pm. The CEO of the company will attend. The meeting is usually held in the boardroom at t ...

1 how can an employer exhibit discrimination during the

1. How can an employer exhibit discrimination during the selection and recruitment stages? How can this risk of discrimination be reduced or eliminated? 2. How can an employer exhibit discrimination during the compensati ...

1 vicky is acting as kevins agent in negotiating an

1. Vicky is acting as Kevin's agent in negotiating an important business deal with carl. Carl know that vicky is acting on Kevin's behalf and as his agent. Vicky agreed only to the erms kevin gave her the authority to ag ...

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 Operation Management Expert