Maurice Tutor

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About Maurice Tutor

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Expertise:
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Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 22 Jul 2017 My Price 3.00

Jambawan Ltd

The Jambawan Ltd uses about 75,000 valves per year and usage is at 6,250 values per month. The cost of the valve is Rs. 1.50 per unit, when bought in quantities and the carrying cost is estimated to be 20% of average inventory investment on the annual basis. The cost to place an order and to process the delivery is Rs. 18. It takes 45 days to receive delivery from the date of an order, and the safety stock of 3,250 valve is desired. You are required to determine:

  1. the most suitable EOQ and
  2. the order point

Answers

Maurice Tutor
(5)
Status NEW Posted 22 Jul 2017 04:07 PM My Price 3.00

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