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Jose runs a mail-order business for gym equipment from his house. Annual demand for its best seller item is 25,000 units. This best seller item has a cost of $292 per unit and Jose sells it at $350/unit, including shipping and handling. The annual holding cost per unit for this best seller is $5.50. The cost to process an order of this item is $25. It takes ten (10) days to completely process an order. The working period is 360 days per year.
What should be the minimum storage capacity that Jose needs to accomodate this annual demand? Please provide detailed calculations.
A chemical firm produces sodium n 100-pounds bags. Demand for this product is 25 tons per day. The capacity to produce the product is 75 tons per day
If your organization has a vision, how strong is it in fostering passion and drive to creativity and innovation? If your organization does not have a compelling vision, post your version of such a vision.
a flight from la to san jose has 200 seats. the airline knows that the number of no-shows will vary between 1 and 4 all
A pharmacist has been monitoring sales of a certain over the counter pain reliever. Daily sales during the last 15 days were Which method would you suggest using to predict future sales a linear trend equation or trend-adjusted exponential smoothing..
according to yukl 2013 people resist change for many reasons. choose one reason listed in the leadership in
No longer than a decade ago, IT security professionals had to work hard to persuade organizational leaders about the importance of developing effective risk management plans.
Discuss how transportation managers should be involved with or operations of firm. Please support your answer with an example.
Stimulating an improvement culture concept - This concept, in this context, is based on organizations supporting continuous improvements within the organization.
Provide some examples of static and dynamic scheduling problems.
Reduce employee benefit contribution by 30% effective immediately. Eliminate all vacation/holiday pay for the remainder of the year effective immediately
Define Lawn Care's current strategic mission, strategy, competitive priorities, value chain, and how it wins customers. What are the order qualifiers and winners? Draw the major stages in its value chain without an application service.
Which of the following statements about systems theory is NOT true? It concentrates on individual components and the input and output of those components. It provides the conceptual foundation on which the development of information systems is based...
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