Your company makes all the bobble head dolls for major, Ask an Expert

Management Studies

Your company makes all the bobble head dolls for Major League Baseball. The doll making procedure is the same for all bobble heads, they are then sent to the painter to make each bubble head match the look of a specific player. The annual demand from MLB is 100,000 bobble heads. it costs you $60 to setup for a production run of the bobble heads, and the annual holding cost per unit is $15. The company that paints the bobble heads is willing to wait if you run out of inventory, but instead of paying $9 per unit, they require the price to be reduced to $5 per unit.

a) How many units should be ordered each time that an order is placed?

b) An order should be placed whenever total back-ordered demands sum to what?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9356611

Have any Question?Write your Review or question?

Related Questions in Operation Management

As employee relations manager of prudential financial one

As employee relations manager of Prudential Financial, one of your tasks is to promote Project H.E.L.P. (Higher Educa- tion Learning Program), an on-the-job learning opportunity. Project H.E.L.P. is a combined effort of ...

A project is 40 complete cost schedule and scope baselines

A project is 40% complete. Cost, schedule, and scope baselines are all being met. Two crucial stakeholders approach you with a request to implement a new software package that could significantly impact external interfac ...

1 explain circumstances in which it is possible to improve

1. Explain circumstances in which it is possible to improve maintainability to counteract poor reliability, and also identify circumstances where this approach is unrewarding. 2. What is multiple constituency model's str ...

Sean is the head of the logistics group at a medium-size

Sean is the head of the logistics group at a medium-size company that makes plastic parts for other companies, including manufacturers of printers, television sets, computers, and washing machines. His department provide ...

Explain and discuss the following questions by including

Explain and discuss the following questions by including the applicable example. As a brand manager, you submit a recommendation to the board of directors to implement a corporate policy on umbrella branding. Provide an ...

Consider your local video rental store it certainly has an

Consider your local video rental store. It certainly has an operational database to support its online transaction processing (OLTP). The operational database supports such things as adding new customers, renting videos ...

1 as noted some people like dogs in the workplace but what

1. As noted, some people like dogs in the workplace, but what about people allergies, dogs that bark, or dogs that get into trouble? What happens when a dog has an accident or bites someone? What about the person who tak ...

1 define american expressrsquos overall business-level

1. Define American Express’s overall business-level strategy. 2. Does Bank 2.0 fit into American Express’s overall business-level strategy? 3. How does Bank 2.0 stand up against the competitors in the industry? 4. What i ...

1 pick a brand and go to its website locate as many forms

1. Pick a brand and go to its website. Locate as many forms of communication as you can find on the website. Conduct an informal communications audit. What do you notice? How consistent are the different communications ...

Many companies have incorporated ethic policies to guide

Many companies have incorporated ethic policies to guide their staff. Additionally, almost all professional organizations have ethic policiesto guide their professionals behavior. Tasks:Using the Argosy University online ...

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