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The weekly requirement of a part is 5910 units. The order cost is $260 per order. The holding cost is $11 per unit per year, and the part cost is $850 per unit. The firm operates fifty-two weeks per year. 1. Calculate the following - Economic order quantity, annual holding cost, annual order cost and the annual purchase cost, and inventory turns per year 2. Suppose the firm is currently ordering once every six weeks. How much can the company save per year by using economic order quantity instead of ordering once every six weeks?
Macromedia is a relatively new company that offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the activity that the instructor is presenting.
Edwards Engineering has a new injection system for your countertop production line. Your process engineering department has conducted experiments and determined that the mean is 8.01 grams with a standard deviation of 0.03.
The topic is about Information Technology in a Supply chain , specificly write about Warehousing Managment System (WMS) and Transportation Managemnet System (TMS) in a supply chain.
Suppose you are the owner of a GLOBAL business enterprise, develop: 1. The vision and mission for your company; 2. Create three goals; and 3. For each goal, adopt three objectives. Goals and objectives must be attainable. Objectives must be measurabl..
You described the importance of the 5C's and of these, customer focus as one that is very important to a company. However, the customer is not always the end user,
Stanley Harris, traffic manager of This n’ That Manufacturers, is considering the negotiations of a freight-all-kind (FAK) rate for shipment between Atlanta and Lansing. Should Mr. Harris accept a FAK rate of $10 per hundredweight? What factors aside..
Identify and briefly descibe the six environmental factors affecting international projects. Which factor may have the biggest impact on American project managres operating in a foreign country and why?
Define the type of organizational structure you’ve chosen to investigate and briefly describe its pros and cons. Find an article (in the library or on the Internet) about a company that is structured this way. Chose a company that has sufficient info..
Supply management question: Explain strategic issues encountered in developing a strategic sourcing plan. Discuss which stage(s) these issues could become problematic in.
Our instructor want us to write that we meet veterans and thank them for what do for The United States. I could not actually meet anyone so can you please write something about that. Just suppose that you meet and write a story about what happened be..
Reliable Beer Distribution In this problem, we will producing and transporting beer to customers in such a way that the resulting beer supply chain is robust to failures. Specifically, you are given a set I = {1, 2, . . . , m} of production facilitie..
A risk management plan must be detailed to the point that every aspect of the crisis is considered. Suppose you own a small convenience market, about the size of a 7-11 or a Circle K, or any other comparable franchise outlet that you might be more fa..
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