M. P. VanOyen Manufacturing has gone out on bid for a regulator component Expected demand is 725 units per month. The item can be purchased from either Allen Manufacturing or Baker Manufacturing. Their price lists are shown in the table. Ordering costis $45, and annual holding cost per unit is $6. Baker Mfg. Allen Mfg. Quantity Quantity 1-399 400-799 800+ Unit Price Unit Price 1-499 500-999 1000+ $16.00 15.50 $16.10 15.60 15.10 15.00 a) What is the economic order quantity if price is not a consideration? units (round your response to the nearest whole number).

M. P. VanOyen Manufacturing has gone out on bid for a regulator component Expected demand is 725 units per month. The item can be purchased from either Allen Manufacturing or Baker Manufacturing. Their price lists are shown in the table. Ordering costis $45, and annual holding cost per unit is $6. Baker Mfg. Allen Mfg. Quantity Quantity 1-399 400-799 800+ Unit Price Unit Price 1-499 500-999 1000+ $16.00 15.50 $16.10 15.60 15.10 15.00 a) What is the economic order quantity if price is not a consideration? units (round your response to the nearest whole number).

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Specific Task Performed WEEK 1 Problems Encountered Canvassing for a Some prices are not We searched for cheaper purchase updated. another file that was updated in price. Answering phone The voice of the calls from other employee departments is low/weak counting materials, equipment, merchandise, or supplies in stock. Solutions Applied I Assist in stocking The office is not and distributing supplies in different departments. wide, so that we encounter problem to where we can put the large number of supplies ask employee on what she is saying. the supplier. Assist in the There are supplies We checked the I learned the basics of that lack of numbers. past request of activities related and to form receiving logbook to confirm the lack of supplies. Learning Outcomes Ma'am Joy- the property specialist, said that we can put the extra supplies in our office. I learned that if you want to get the best price, you cannot simply purchase a single from Summary report: inventory management tasks.…
Subject: Product Design and Development Make sure your answer is right if not surely it will be reported. Which of the following is/are not variable cost(s) Select one: a. direct labour b. materials c. selling expenses d. investment cost
Put (T) in front of the correct sentences, and (F) in front of the wrong ones and correct them. In either case discuss the correct/corrected sentence Generally speaking, Goods manufacturing needs more labor content than service providers From the sources of process variation is the seasonal structural variation in demand some organizations perform poorly because they neglect investments in capital and human resources Middle management provides long term planning including mission.
Discuss the Resource Planning for Information System, consisting of the following categories: a. Human Resource Planning b. Enterprise Resource Planning c. Information System Redesigning Strategies d. Business Process with E-business e. Business Process with ERP f. Resource Planning in Logistics and Transportation system g. Planning for Transportation and Information Network Infrastructure h. Planning for Tracing and Tracking System
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2-19. EXCEL APPLICATION: IT Benchmarks Jay's Bikes is a family-owned and operated business that stocks a wide range of bikes designed to fit the needs of professional riders, your child's first bike, and everything in between. The business has 12 full-time employees. Download the Excel file Ch02Ex01 (Figure 2.21) to calculate average IT spending so that it can be compared with the retail industry average. Recall that average IT spending in the retail industry is about 2 percent of revenue. How do Jay's IT expenditures compare with the industry average? How much would Jay need to change spending in order to match the retail industry average? Figure 2.21 Jay's Bikes revenue and IT expenditures. A 1 2 3 34 Revenue B Apparel & shoes Bike accessories New bikes Used bikes Bike repairs 5 6 7 IT Expenditures Hardware 8 9 10 11 12 13 с $ 1,250,000 $ 550,000 $ 2,650,000 $ $ $ 15,000 18,000 4,500 4,500 5,000 5,000 $ 1,200 sssssssssss Software updates Software licenses Software support Employee…