Ahmad is attempting to perform an inventory analysis on one of his most popular products: Production Operation Management Home Work, UUM, Malaysia
| University | Universiti Utara Malaysia (UUM) |
| Subject | Production Operation Management |
Question 1 (10 Marks)
Ahmad is attempting to perform an inventory analysis on one of his most popular products. Annual demand for this product is 5,000 units; carrying cost is RM5SO per unit per year; order costs for his company typically run nearly RM30 per order; and lead time averages 10 days (assume 250 working days per year}
a) What is the economic order quantity (EOQ)?
b) What is the average inventory?
c) What is the optimal number of orders per year?
d) What is the optimal number of working days between orders?
e) What is the total annual inventory cost (carrying costs + ordering costs)?
f) What is the reorder point?
Get Help By Expert
Struggling with Production Operation Management homework? Don't worry, we've got you covered! As the best assignment helper in Malaysia, we provide top-quality Homework Aid Services In Malaysia. Malaysian students can confidently pay our experts at assignmenthelper.my to receive tailored assistance for their homework. Let us help you excel in your studies - visit our website today!
Recent Solved Questions
- Financial Accounting & Reporting 3 Assignment, SU, Malaysia Foreign subsidiaries financial statements are generally prepared in the local currency of the country it is operates in
- BBPB2103: Human Resource Management Assignment, OUM, Malaysia Select any organization of your choice. Explain the environmental factors and the impacts on the practices of human resource
- Final Year Project Report malaysia To examine the two-way inflation-growth nexus across CPI sectors of Malaysia
- Master of Policy Sciences Assignment, CU, Malaysia Students are required to extract data on the performance of a country in terms of sustainability policies and management practices
- OUMH1603 Tugasan OUM – Semester Mei 2024: Kemahiran Belajar Untuk Abad Ke-21
- BIS3043: Critical Appreciation of Drama Assignment, UPSI, Malaysia Explain two of the character flaws of Oedipus and Explain whether Oedipus is trapped by the fate designed
- Master of Energy Systems Assignment, UOM, Malaysia Conventional energy sources like coal, gas, and oil are rapidly depleting while the world energy demand is growing more rapidly
- Early Childhood Education Assignment, UIU, Malaysia You are required to design an integrated pedagogical approach for five-year-old children
- LAW 3711: Equity & Trusts II Assignment, IIUM, Malaysia Mee Lan left RM 3000 for the maintenance of aged and poor people at Gunung Ledang
- Fast Mawar Bhd is a company that manufactures box mowers, It had net income of $ 15 million on revenues of $ 50 million last year: Financial Management, Case Study, UTM, Malaysia
