Skip to main content

::: vuaskari.com ::: MGT402 PLZ frnds discuss assignment


PUNJNAD Textile Industries (PTI) – a privately owned textile spinning unit is engaged in yarn manufacturing 
since its incorporation. The unit produces high quality yarn which is sold out immediately like a hot cake. 5 
years back, Mr. Entrepreneur - the owner of PTI had signed a contractwith a local cotton supplier – Mr. 
Supplier for supplying fine quality cotton bails to PTI as per specified requirement for five years at a cost of 
Rs. 500 per bail. PTI estimated its requirement of 12,500 cotton bails per year for smooth operations. Both the 
owner and the supplier were happy for signing the contract and a feeling ofearning the good amount of profit. 
Mr. Entrepreneur also estimated Rs. 2,000 as cost on issuing every new order and 10% as carrying and storage 
cost associated with the inventory. 
Mr. Supplier successfully supplied the cotton bails to PTI for 4 years but in 5
th
year of the contract, due to 
heavy flood, cotton crops could not be reaped at full. But, due to the signed contract with PTI, Mr. Supplier 
managed to supply cotton bails to PTI as per the agreed specification and completed the contract period 
successfully. 
This year, due to bumper cotton crop in the region, Mr. Supplier has desired to renew the cotton supply 
contract with the condition to supply 25% extra bails over the previous contract for the next 5 years. Mr. 
Entrepreneur as satisfied with the cotton quality supplied earlier is considering this new option and has called 
upon his manager costing – Mr. Management Accountant to compare the proposal with the contract just 
ended. The manager has advised him to reject the proposal as extra quantity purchased would increase the 
carrying and storage cost by 2%. 
 
REQUIREMENT: 
Being a student of cost & management accounting you are asked to calculate the following: 
1.  The most economical order quantity in case of both the proposals (current as well as previous) 
2.  The total ordering cost which has to be borne by PTI onboth the proposals (current as well as 
previous) 
3.  The total Carrying cost which has to be borne by PTI on both the proposals (current as well as 
previous) 
4.  Using the order quantities, total ordering cost and total carrying costcalculated above; calculate the 
total cost for both proposals. Also suggests the mostsuitable proposal for PTI on total cost basis. 
IMPORTANT: 
--
"The Lord is My Shepherd "I Lack Nothing.
ʃə'zi:ə 'bhæt.i



--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best. Join www.vuaskari.com,
To post to this group, send email to vuaskari_com@googlegroups.com
Visit these groups:
This (Main) Group:http://groups.google.com/group/vuaskari_com?hl=en?hl=en
MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en
Banking Group: http://groups.google.com/group/askari_banking?hl=en?hl=en
Management: https://groups.google.com/group/vuaskari_mgt?hl=en
Marketing: https://groups.google.com/group/vuaskari_mkt?hl=en
MIS Group: http://groups.google.com/group/askari_mis?hl=en
 
 

Comments

Popular posts from this blog

Updating our Google Account inactivity policy

Every day Google works hard to keep you and your private information safe and secure by preventing unauthorized access to your Google Account with our built-in security protections. And keeping you safe means having strong privacy practices across our products that minimize how long we store your personal files and any data associated with them. We want to protect your private information and prevent any unauthorized access to your account even if you're no longer using our services. Therefore, we are updating the inactivity period for a Google Account to two years across all our products and services. This change starts rolling out today and will apply to any Google Account that's been inactive, meaning it has not been signed into or used within a two-year period. An inactive account and any content in it will be eligible for deletion from December 1, 2023. What this means for you: These changes do not impact you unless you h...

Re: ::: vuaskari.com ::: CS408 - FINAL TERM SUBJECTIVE WITH REFERENCE SOLVED BY UMAIR SAULAT

GREAT WORK On Wed, Feb 20, 2013 at 11:30 PM, Umair Saulat < saulat.umair@gmail.com > wrote: CS408- Human Computer Interaction Solved Subjective Fall Semester 2012   QNo.1    it has been observed that most computer users use menu option for input instead of keyboard accelerator. What is the reason behind it? (2 Marks) Answer:- 1.        Menu options are easier to find. 2.        You don't have to memories the keys for menu option but for key board accelerators you have to memories them REF:: Handouts Page No. 127   QNo.2    Define active intervention.  (2 Marks) Answer:- Active intervention with the participant and actively probes the participant understands of whatever is being tested. REF:: Handouts Page No. 276 QNo.3    what is Ubiquitous Computing? (2 Marks) Answer:- The most profound technologies are those that disappear. They weave themselves into the fabric of everyday life until they are indi...

Re: ::: vuaskari.com ::: : CS604 final term sovled subjective part (eagle_eye)

tnkx bhana :) On Thu, Jul 21, 2011 at 8:02 PM, █▓Binish_Awais█▓ < greyferry@gmail.com > wrote: thanks and wonderfull work done by Tabishh ---------- Forwarded message ---------- From: eagle_eye < fantasy.fear@gmail.com > Date: Thu, Jul 21, 2011 at 12:50 AM Subject: CS604 final term sovled subjective part (eagle_eye) To: "Binish(ferry ID}MBA" < Greyferry@gmail.com > --             eagle_eye Live to  EXPRESS  not to  IMPRESS. .!!        ( eagle_eye )                        GMAIL: fantasy.fear@gmail.com   skype ID: fantasy.fear Facebook:  tereass_pass2917@yahoo.com --   ●●Gяєу_Fєяяy ●● --   ●●Gяєу_Fєяяy ●● -- We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best. Join www.vuaskari.com , To post to this group, send email to vuaskari_com@googlegroups.com Visit these groups: This (Main) Group: http://groups.google.com/group/vuaskari...