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A company is negotiating with a potential supplier for the purchase of 100,000 widgets. The company estimates the suppliers variable costs are $5 per unit and that the fixed costs, depreciation, overhead, and so on, are $50,000. The supplier quotes a price of 10 per unit. Calculate the estimated average cost per unit. Do you think $10 is too much to pay? Could the purchasing department negotiate a better price? How?
Provide examples of consumers, external customers and internal customers, and ways in which their expectations can be met or exceeded. Do you feel the organization is applying the principles of quality? Why or why not?
Discuss the use of PERT/CPM techniques for managing projects. Describe what PERT/CPM does. Discuss advantages and disadvantages of using it.
Should a firm install an expensive safety device that will increase cost but that customers do not want. Are same principles involved in both these questions. Explain.
Image text transcribed for accessibility: In what way can improper incentives lead to a lack of coordination in a supply chain? What countermeasures can be used to offset this effect?
What is the difference between data and information? Why is the distinction important? Identify and describe the characteristics and costs of useful information.
Calculate the average time it takes a plane to clear the runway once it has notified the airport that it is in the vicinity and wants to land
Mars Inc. is considering the purchase of a new machine that will reduce manufacturing costs by $5,000 annually. Mars will use the MACRS accelerated method to depreciate the machine
Sudson Washer and Dryer Service is in the business of leasing used washers and dryers to apartment landlords for a contracted lease term. The coin-operated machines are used by apartment tenants.
If Joe and Bud have an e-mail exchange that documents their agreement, does this change your answer? Why or why not?
Ten samples of a process measuring number of returns per 100 receipts were taken for a local retail store. Find out his standard deviation of sampling distribution.
why does the collective behavior of supply managers have such an impact on economic trends?
What is the average and the standard deviation of demand during the protection interval?
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