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The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet, they did not have enough knives. She decides she needs to order some more silverware, but wants to take advantage of any quantity discounts her vendor will offer.>For a small order (2,000 pieces or less) her vendor quotes a price of $1.80/piece.>If she orders 2,001 to 5,000 pieces, the price drops to $1.60/piece.>5,001 to 10,000 pieces brings the price to $1.40/piece, and>10,001 and above reduces the price to $1.25/piece.Lisa's order costs of $205 per order, her annual holding costs are 5%, and the annual demand is 47,000 pieces. For the best option, (the best option is the price leve that results in an EOQ within the acceptable range).A) What is the optimum ordering quantity?B) What is the annual holding cost?C) What is the annual ordering cost?D) What are the annual cost of the silverware with an optimal order quantity?E) What is the total annual cost, including ordering, holding, and purchasing the silverware?
company will offer staples and frozen foods in a large metropolitan area and then deliver them within a customer-defined window of time. You plan to partner with two major food stores in the area
What are the advantages of financing via the Internet as Marrone did? Are there any disadvantages to financing via the Internet?
Alternative One reduces wasted motion (walking) to 1% of total labor used on the assembly line. Physical lifting is reduced to no more then 12 pounds. Six people will be required on the assembly line. Productivity in finished goods per 8-hour shif..
You are the owner of a software technology firm located in Lafayette, LA. You have launched a new social media portal that will allow adopted individuals to trace their roots
Monthly demand of an inventory item follows a mean of 20 units and a variance of 4. Demand of the inventory is 12 units / month. When the inventory reaches a pre-determined level
As a company grows illustrate what challenges might it face in replicating in different locations which made it successful. Elucidate how might these challenges be addressed.
Explain how many DVDs should Blockbuster order. Illustrate what is its expected profit. Illustrate what is the profit that the studio makes given Blockbuster's actions.
Illustrate what is the probability of completing this project among 38 and 40 days. Illustrate what are the slack values for activities C and F? Interpret the meaning of their slack values.
Discuss Wal-Mart's strategic social challenges from the standpoint of Bonini, Sheila M. J.; Mendonca, Lenny T.; Oppenheim, Jeremy M. When social issues become strategic.
Pete, a Quality Company employee, is authorized to use Quality checks to buy supplies. Pete alters one of the checks to increase its $700 amount by $100, and exchanges it at Retail Office Supply for $700 worth of supplies and $100 cash.
Find the solution that minimizes moving costs using Microsoft Excel. Illustrate what would you have to do to the costs to assure that A always sends a car to D as part of the optimal solution.
The activities needed to build an experimental chemical contaminant tracking machine at Charlie Cook Corp. are listed in the following table. Construct an AON network for these activities.
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