Operations Management Principles IP 4

Essay specific features

 

Issue:

Business

 

Written by:

Samantha O

 

Date added:

February 10, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 783

 

Was viewed:

1479 times

 

Rating of current essay:

 
Essay content:

The larger each order quantity, the fewer the number of orders placed in a year and hence, the lower the annual ordering cost. However large order quantities lead to higher levels of inventory and therefore higher annual inventory holding costs. Unfortunately, the ordering cost is incurred by the purchase department and the inventory holding cost by the operations department...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

The director of purchasing is reducing his department??s cost (by having a large order quantity) while increasing the operation department??s cost. (Stevenson, 2007) Both departments should be working towards minimizing the total cost to the company. Hence, the economic order quantity (EOQ) should be determined such that the total cost to the company is minimized...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services