OPERATIONS MANAGEMENT CUSTOM ACCESS
OPERATIONS MANAGEMENT CUSTOM ACCESS
11th Edition
ISBN: 9780135622438
Author: KRAJEWSKI
Publisher: PEARSON EDUCATION (COLLEGE)
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Chapter C, Problem 5P

A

Summary Introduction

Interpretation: The number of baseballs per order by the Bucks Grande baseball team as cost per order is $100, holding cost of 38% of purchase price and following information

Concept Introduction: Ordering Optimum size (creating no additional or shortage of materials in stock) at minimum ordering cost is EOQ

B

Summary Introduction

Interpretation: The total annual cost for best ordering quantity is to be calculated.

Concept Introduction: Aggregation of annual holding & ordering &material costs gets total cost

C

Summary Introduction

Interpretation: Identifying affect on order quantity when there is additional purchase of 15000 base ball and reduction of price to $6.25 each

Concept Introduction: Aggregation of annual holding & ordering &material costs gets total cost.

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Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY