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Michael Traci, the new inventory manager at Magyar Golf Supplies, is considering using the economic order quantity for controlling inventory. He wants you to apply the EOQ to a sample product, the Super?Z Wedge. The Super?Z Wedge has an average demand of 30 units/period with an ordering cost of $30/order. The cost of carrying a Super?Z Wedge in inventory is $2.00/unit/period. No safety stock is carried for this item. a. Calculate the economic order quantity. b. Calculate the average cycle stock for this item using the order quantity in part a. c. Assuming there are 12 periods per year, calculate total cost per year.
Elucidate the entities affected by industrial regulation in terms of market structure. Elucidate why industrial regulation affects those entities you identified.
Elucidate how Elucidate how an increase in the marketplace demand elasticity affects the elasticity of the residual demand curve.
Explain why the R-squared from the regression from F test will always be at least as large as the R-square from the BP regression.
What value of y survives as a solution if all firms are competing for high ability workers.
Illustrate what can you conclude about the structure of the industry in which this firm is operating.
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Illustrate what is the opportunity cost (in civilian output) of a defense buildup that raises military spending
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Explain it surprising that the company's revenue increased when it decreased the average selling price of its phones.
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