What is the ideal amount of inventory what is the amount of, Operation Management

+44 141 628 6080
[email protected]

What is the ideal amount of inventory what is the amount of

GIVEN:Annual Units:126,000

Cost per order:$4

Carrying cost per unit:$1.008 per unit

Lead Time:4 weeks

1. What is the ideal amount of inventory?

2. What is the amount of Safety Stock?

3. When do you place an order?

4. What is the order size?

5. What is the average inventory on hand?

6. What are the annual ordering costs?

7. What are the annual carrying costs.

8. Give an example of an ordering cost. Give an example of a carrying cost.

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Operation Management: What is the ideal amount of inventory what is the amount of

Reference No:- TGS02895731

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

How protein is an essential part of our health

Protein is an essential part of our health as it forms building blocks for all of our cells, which then use amino acids to repair muscle, skin, organs, and bone

Discuss about health information exchanges in the niles

Review the information about Health Information Exchanges in the Niles (2024) textbook. Match the description to the term as best as you can

Discuss education and care services national regulations

According to the Education and Care Services National Regulations, when children attend the service there must also be at least one staff

How to determine if there is a quality issue

In Lesson, we discussed how to determine if there is a quality issue to measure and access. Meaning, once you have determined there is a quality problem

What inter-professional involvement needs to be considered

You have less than 10 minutes to identify the health and social concerns/needs and interventions you believe should be considered for Lorena

Why should contraception be a reproductive right

According to our textbook, lack of access to contraception negatively impacts women Why should contraception be a reproductive right?

Problem regarding childhood education and care services

In early childhood education and care services parents must always be fully informed in advance about anything that is provided for their child

Request for Solution File

Ask an Expert for Answer!!

Operation Management: What is the ideal amount of inventory what is the amount of

Reference No:- TGS02895731

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : Identify the steps associated with making decisions within

Q : Research inventory management

Q : Submit to complete this assignment locate two articles on

Q : How is sexual harassment negatively impacted by the

Q : What is the ideal amount of inventory what is the amount of

Q : Describe the positive and negative characteristics of the

Q : You and four other members of your team have been

Q : Think of an organization that does or could experience

Q : How do you think leadership negatively impacts sexual