<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[MGMT714 Assignment 1 Solution and Discussion]]></title><description><![CDATA[<p dir="auto">SEMESTER FALL 2019<br />
ADVANCED SUPPLY CHAIN MANAGEMENT (MGMT714) ASSIGNMENT NO.01<br />
Total Marks: 10<br />
Question:<br />
Due Date: 28th January, 2020<br />
“Let’s Build” a construction company has been assigned a project of constructing a multistory<br />
building in the center of city. At the moment, the company is looking for vendors who could supply electric switches for the building.<br />
“Smart Switches”, a newly established firm, has offered its products to the company. To secure the business, “Smart Switches” is offering quantity discounts to the company as given in the following table:<br />
No. of Switches<br />
up to 1999 2000 to 4999 5000 to 9999 10000 or more<br />
Price per Switch<br />
Rs.1.25 Rs.1.20 Rs.1.18 Rs.1.15<br />
The demand for the switches is 60 units daily and the company operates 300 days a year. It costs Rs.32 to place an order of switches and the holding cost per switch is 20% per annum of the price.<br />
Task:<br />
a) Being procurement manager of the construction company, it is your task to find an optimal<br />
quantity based on the Economic Order Quantity Model.<br />
b) Calculate the number of orders that the firm needs to place for this building.<br />
Instructions:<br />
 Show the necessary calculations in solution.<br />
 No theoretical definitions and explanations are required.<br />
 Watch video lectures and consult book/notes to complete the assignment<br />
(8 marks) (2 marks)</p>
<p dir="auto">Important:<br />
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Deadline:<br />
 Make sure to upload the solution file before the due date on VULMS.<br />
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Referencing Guidelines:<br />
 Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit<br />
<a href="http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html" target="_blank" rel="noopener noreferrer nofollow ugc">http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html</a><br />
Rules for Marking<br />
Please note that your assignment will not be graded or graded as Zero (0), if:<br />
 Any of the given instructions is not followed<br />
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 The file you uploaded does not open or is corrupt.</p>
]]></description><link>https://community.secnto.com//topic/1323/mgmt714-assignment-1-solution-and-discussion</link><generator>RSS for Node</generator><lastBuildDate>Tue, 09 Jun 2026 01:55:07 GMT</lastBuildDate><atom:link href="https://community.secnto.com//topic/1323.rss" rel="self" type="application/rss+xml"/><pubDate>Mon, 27 Jan 2020 20:20:07 GMT</pubDate><ttl>60</ttl><item><title><![CDATA[Reply to MGMT714 Assignment 1 Solution and Discussion on Mon, 27 Jan 2020 20:20:38 GMT]]></title><description><![CDATA[<p dir="auto">solution idea?</p>
]]></description><link>https://community.secnto.com//post/3548</link><guid isPermaLink="true">https://community.secnto.com//post/3548</guid><dc:creator><![CDATA[zareen]]></dc:creator><pubDate>Mon, 27 Jan 2020 20:20:38 GMT</pubDate></item></channel></rss>