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Mike Brauer uses 4,000 per year of a certain subassembly that has an annual holding cost of $0.10 per unit. Each order placed costs Mike $2.00. Mike Operates 200 dates per year and has found that an order must be placed with his supplier 3 working days before he can reveive that order. For this subassembly, find (a) the economic order quantity. (b) the average inventory level. (c) the optimal number of orders per year. (d) the optimal number of days between 2 orders. (e) the total annual cost (carrying cost + ordering cost). (f) the reorder point
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Analyze the relationship between the basic organizational behavior models of individual, group, and organizational processes, and the productivity of an organization
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Pick an industry that is of interest to you. What did you identify as your indicator of potential market size? What market performance indicator did you use? How different were your CAP and CAGE-adjusted CAPs?
In an attempt to improve quality, the shop superintendent at FWM Inc. has instructed all work cell supervisors to keep records of waste, scrap, and rework items. These records will be reviewed periodically at irregular intervals to identify which wor..
How will you reach the level of detail needed for a complete cost estimate? What items should you include in your cost estimate that are not explicitly present in the project schedule?
Small Business Administration’s article, titled Environmental Regulations, and visits the United States Environmental Protection Agency’s “Laws & Regulations” page. Identify one environmental law that is relevant to your past, current, or future empl..
What factors can impact a company's decision to employ batch, mass, or continuous production? Are these factors consistent in specific industries? Please explain.
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