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A mail-order house uses 16,820 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.25 2,000 to 4,999 1.20 5,000 to 9,999 1.15 10,000 or more 1.10 a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) Optimal order quantity boxes b. Determine the number of orders per year. (Round your answer to 2 decimal places.) Number of order
A strongly implanted culture provides a huge assist in executing strategy because company managers can use the tradition, beliefs, values, common bonds, or behavioral norms
(Teddy Bower Boots) To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. If Teddy Bower decides to include these boots in its assortment, how many boo..
Based on these ratings from the supplier assessment, which supplier appears to be the best? Why? How would the final selection decision be made?
Give two examples of possible net surpluses that three voters get from each of two possible political alternatives A and B. Construct your first example so that the alternative that wins a majority vote generates the maximum total net surplus. Make y..
Golden Valley Cannery uses 64,000 size 7X cans annually and can purchase any quantity up to 10,000 cans at $.040 per can. At 10,000 cans the unit cost drops to $.032 per can, and for purchases of 30,000 it is $.030 per can. What is the EOQ, disregard..
A hotel purchases 18,000 gallons of a cleaning product per year. Each gallon costs $10 and the cost of holding one gallon for a day is estimated to be $0.50. Ordering cost amounts to $30 per order.
Consider two systems, C and D. System C has three serial components each with reliabilities of 0.95. Two of the components have backups with reliabilities of 0.90. System D has three serial components with reliabilities of 0.90. Each of these compone..
An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $300 at the end of Year 5, and $500 at the end of Year 6.
If the number of additional police officers available is less than demand, the city will have to use overtime to meet the demand. What is the cost of underestimating demand?
In light of "Wrestling With Ethics" and other research/articles that you are able to draw upon, should profitability drive social responsibility.
Is there a fundamental difference between regional and global products?
Haply Inc. contracts with Barksdale LLC to have an engine repaired. After much negotiation, the parties agree that the engine will be repaired and reinstalled at Haply’s facilities in 5 days. Haply plans on losing $40,000 a day for each day the engin..
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