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A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier charges $20 per stone, annual carrying costs are 50%, and the cost of processing orders is $40. The jewelry firm operates 200 days per year and their usage rate is 36 stones per day.a. Determine the economic order quantity.b. Compute the total cost of ordering and carrying semiprecious stones.
There is no length requirement for these questions. Elucidate how does technology transform information in P/OM. Does technology play a role in job design.
Osakwe, an enterprising student, has set up an internship clearinghouse for business students. when should each be used.
Pepsi uses six-sigma technique to evaluate whether its 15 oz Gatorade has consistent weight. Pepsi took a sampling of 1000 15 oz Gatorade and found out that the average weight was 15.12 oz with a standard deviation of 0.3 oz. Pepsi considers a to..
What capacity planning approaches should retailers use for Black Friday?
explain how educational institutions can use the fruits of new technologies to transform illustrate what they do also thereby improve education. IBM is using a (n) strategy to show its social responsibility.
Every four years, Blockbuster Publishers revises its textbooks. It has been three years since the best-selling book, The Joy of OR, has been revised.
You are designing a grocery delivery business. Via the Internet, your company will offer staples and frozen foods in a large metropolitan area and then deliver them within a customer-defined window of time
Evaluate characteristics of new workplace. Assume you are a manager with over 20 years of experience. Illustrate what challenges have you faced as required competencies have changed.
strive to compete on the basis of low-cost/low-price rather than on the basis of strong product differentiation or best-cost.
Explain how will growth impact Fresh Connections' operations. Illustrate what capabilities should Fresh Connections emphasize in its strategy.
Twelve samples, each containing 5 parts, were taken from a process that produces steel rods. The length of each rod in the samples was decided. Draw the charts and plot the values of the sample means and ranges.
The solution offers step by step guidance on how to formulate the problem mathematically. It comprises a solution to problem instance using Excel Solver.
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