Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

You have an order for 500 small widgets and 800 large widgets.

You can only make 900 widgets.

Your cost for a small widget is $2 each and your cost for a large widget is $5 each.  

You can buy small widgets from John for $ 3 each and large widgets for $7 each.

John will NOT accept any order from you unless you order at least 500 units.

How do you determine how many units of each size to buy from John and how many units of each size to make yourself?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92280105

Have any Question?


Related Questions in Operation Management

Purpose of assignmentthe purpose of this assignment is the

Purpose of Assignment The purpose of this assignment is the creation of a research analysis. Every day, consumers make millions of decisions that impact the marketplace and influence firms' decisions. Firms use economic ...

Create a marketing plan in which you feel demonstrates your

Create a marketing plan, in which you feel demonstrates your ability to position a product or service into a marketplace of your choosing. Your marketing plan should include a description of the following: - Market - Pro ...

1 applying concepts of agency law discuss stuffmartrsquos

1. Applying concepts of agency law, discuss StuffMart’s liability for employee torts in the following case study. Be sure to incorporate 2 key terms to explain your analysis. Put the terms in all caps so they stand out. ...

Hennys chocolates is well known for producing only one type

Henny's Chocolates is well known for producing only one type of handmade chocolate and the unit price is $40. The annual demand is 5,000 chocolates on average and the expected inventory holding cost is 10% of the cost of ...

1 describe a time when you experienced a communication

1. Describe a time when you experienced a communication breakdown either in giving or receiving direction on a work-related task. Explain what was misunderstood and how the issue could have been avoided. 2. Estimate by t ...

Define culture how can culture be conceptualized examine

Define culture. How can culture be conceptualized? Examine Geert Hofstede's work and contrast it with the Project GLOBE study. What are your observations? How do US-based companies struggle with diversity and cultural is ...

1 how to develop risk measurements for quantitative

1. How to develop risk measurements for quantitative assessment? 2. Identify and describe the defining principles and the implementing principles of the social justice approach. 3.  Do some research on corporate sustaina ...

1 please elaborate about health and safety in the workplace

1. Please elaborate about Health and safety in the workplace, working conditions. Give your opinion also do a research. Word Minimum 750. 2. Compare the Vacation Pay & Paid Time Off benefits of Target and Walmart. 3. Com ...

1 ken owns a small convenience store in a street corner in

1. Ken owns a small convenience store in a street corner in California. One afternoon, a teenage boy enters his store, looks around, and prepares to walk out without buying anything. Ken is wary of the boy because of the ...

1 average demand for a particular item is 1200 units per

1. Average demand for a particular item is 1,200 units per year. It costs $100 to place an order for this item, and it costs $24 to hold one unit of this item in inventory for one year. If the EOQ model is used what woul ...

  • 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