PRODUCTION/OPERATIONS MANAGEMENT (MGT613)
Due Date: February 10, 2021
Dildar Limited is a private company that deals in the selling of electric cable coils. The company expects to sell around 4,600 coils of cable in the upcoming year. The annual carrying cost is Rs 32 per coil and ordering cost is Rs 800 per coil. The distributor operates around 288 days a year.
A. What is EOQ? (Marks: 3)
B. How many times per year does the store reorder?(Marks: 3)
C. What is the total annual cost if the EOQ quantity is ordered?(Marks: 4)
Note: Do mention the formulas along with calculations to get good grades.
24 hours extra / grace period after the due date is usually available for assignment to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due date should always be treated as final to avoid any inconvenience.
Share the Assignment Questions & Discuss Here....
Stay touched with this discussion, Solution idea will be uploaded as soon as possible in replies here before the due date.
MGT613 SOLUTION FILE