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A manufactured product has a constant monthly demand of 1,200 units. The machine used to manufacture this product has a constant yearly production rate of 18,000 units and a setup cost of $120. The unit variable production cost is $100 and the annual inventory carrying cost is 0.1.
1- Find the minimum yearly total system cost when shortages are not allowed.
The production manager would like now to allow for shortages provided that the maximum stockouts will remain equal to one sixth (1/6) of the minimum batch size. Find the unit yearly shortage cost. What is the minimum inventory cost in this case?
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Evaluate three (3) factors that influence employee motivation and provide one (1) original example of each. Compare and contrast three (3) motivation theories, choose one to support and defend, and provide one (1) original example that illustrates ea..
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Which license enables anyone on the network to install and use the software?
Calculate the appropriate loan table, showing the breakdown in each year between principal and interest
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A firm hosts data-mining servers and performs data mining for other companies that do not desire the costs of hardware, software, or expertise to data mine their data. The firm is planning to roll out faster data-mining software that will reduce the ..
Riverside Metal Works produces cast bronze valves on a 10-person assembly line. On a recent day, 160 valves were produced during an 8-hour shift.
Using an example of your own choice, describe how the cost of the operation might be affected by changing the levels of performance of quality, speed, dependability and flexibility.
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