Sample Resume Mr. M. T. H. J. D. C. R. - 1122 Words

Introduction Mr. Busfield accepting the possession at his direct cost would entail his effort to find the Economic Order Quantity for measuring cups. This is accomplished by combining the inventory carrying and ordering cost. In the event of calculating the EOQ through ordering and maintaining inventory product quantities have to be at a stable demand and cost level throughout the year. (Bowersox, D. J., Closs, D. J., Cooper, M. B., Bowersox, J. C. p. 156. 2013) Mr. Busfield’s company would have to calculate this level accurately from the information that he gathers from the cost of orders products, annual inventory carrying cost, annual sales volume, units; and cost per unit. There the calculations would be calculated from figures from the previous question of finding the reorder point for spatulas. (R=DXT+SS) calculated from = 400 x 14 + 500 = 6,100 (Bowersox, D. J., Closs, D. J., Cooper, M. B., Bowersox, J. C. p. 157. 2013). To find the economic order quantity (EOQ) would be the squar e root of the product of the numerator two times order cost and demand divided by the product of the annual total cost. â€Å"Inventory Carrying Costs = (2,797/2) x 0 .75 x 12% = $ 125.87. (44,000/2797) = Order costs= 16 orders x $8 / order = $ 128.00. Transportation Costs = 44,000 units x $0 .05 / unit = $ 2,200. Total Cost (EOQ = 2,797 units) $ 2,453.87 /year. Annual total cost with order quantities of 4,000 cups (Ultimate Calculators 2010).† Current Situation Transportation is a veryShow MoreRelatedManagement and Feasibility Study7141 Words   |  29 Pagescopy on LCCM thesis papers. They are stored as a soft copy of the thesis in PDF file. c. The hardbound copy of a feasibility study and business plan has a royal blue cover with gold lettering. The Cover Title is copied from the Title Page. Book spine should follow the format shown in Figure 1. EVALUATING THE EFFECTIVENESS OF THE QUALITY DELA CRUZ, J .B. 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