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Please see the problem set out below, and answer A & B. Please show all your steps in arriving at the answer. Clearly state the definitions of terms used, and also state any formulas used.
A. The BOYLEN OIL COMPANY sells empty barrels. The forecasted annual demand for its barrels is 1600. The order processing cost is $10, and inventory holding cost is $25 per item per year. How many barrels should it order in one shipment?
B. The BOYLEN OIL COMPANY has set its order quantity at 35. However, to allow for uncertainties in the market, it wants to hold 2 weeks of safety stock. What should its reorder point be, if the delivery time is 1 week.
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In Chapter Five of the textbook, e-learning as a method of training is discussed. In Chapter Six, potential barriers of e-learning readiness to implementing e-learning as a training method are examined. In a two- to three- page paper (excluding th..
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corporate strategy and portfolio management1 - explain hw can an organization transfer corporate strategy into
a transfer method in which a small business is bought by a larger firm for the purpose of quickly growing the larger firm?
The place of delivery is Lumber Jack's as well as the time for delivering the lumber is a reasonable time based on normal trade practice. The place of transfer is Regency Construction as well as the time for shipping is within 30 days.
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