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McBurger orders ground meat at the start of each week to cover the week’s demand which is 300 lbs. The fixed cost per order is $20. It costs about $0.01 per lb. per day to refrigerate and store the meat. It is estimated that the shortage cost is $0.15 per lb. The demand during lead time is assumed to be uniform between 20-30 lbs. Determine the optimal ordering policy for McBurger.
What is social media? Why should a business or organization integrate social media into their branding/marketing strategy? What are the advantages? What are the pitfalls? What types of businesses and organizations are best served by a presence in soc..
Illustrate what about Blockbuster's evolution also current business strategy may pose problems going forward.
Companies drug test to help keep their worker's compensation costs down. Most Companies have a random drug testing policy in place to ward off drug users after they are hired. They have the information in writing in their Employee Handbooks so t..
A copy machine is always in one of two states, either working or broken. If it is working, there is a 70% chance that it will be working tomorrow. If it is broken, there is a 50% chance it will still be broken tomorrow. Assume that one day is a na..
After a successful implementation of ERP at Elf Atochem, a new Demand Manager position was created. Describe the responsibility of this position. In terms of IT-enabled business process transformation, what level of transformation enables the creatio..
The following table presents technical requirements and customer requirements for the output of a laser printer. First, decide if any of the technical requirements relate to each customer requirement. Decide which technical requirement, if any, ha..
While we discuss many benefits of diversity, an alternative view suggests that no empirical evidence exits to show that a diverse workforce has a positive effect on organizational performance, employee commitment, and employee satisfaction.
Hinge Manufacturing Company employs a Kanban system for a component part. The daily demand is 900 hinges. Each container has a wait time of 0.05/day, and a processing time of 0.37 days. The Container size is 60 hinges and the safety factor (a) is ..
Have you ever heard the expression: "If you're not measuring it, you're not managing it?" In this discussion, you will determine how you would measure the results of an intervention. Select an intervention with which you have some experience. Describ..
How would our economy be assessed from the point of view of Rawls' difference principle? Can it be plausibly maintained that, despite poverty, our system works to “the greatest expected benefit of the least advantaged”? Is this an appropriate standar..
Explain how the purchasing function contributes
Once the stores are built or converted, they would be staffed by Canadian foreign nationals. Would you try to entice current employees to take on an extended expatriate assignment or just send employees up to Canada and house them in hotels and pa..
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