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The annual demand for an item is 2400 units. The inventory holding cost is $ 6.00 per unit per year. The demand is continuous and constant, that is, 200 units/month. The item is purchased in two lots. The size of the first lot is 1600 units and the size of the second lot is 800 units. Find the total annual cost of holding inventory.
How can I effectively concentrate resources on activities to speed up the project completion date?
His contribution margin is about 19% and he figures he loses about 20% of his customers. Which of these two customers is more valuable with respect to the value of loyal customer calculation?
The manager is reluctant to specify a backorder cost because she feels that substantial goodwill is also lost. She is willing to state that 98 percent of the customer demand should be satisfied immediately.
How effective are actions by project managers (or individuals in other business leadership positions) in accomplishing company objectives?
Office Equipment, Inc (OEI), leases automatic mailing machines to business customers in Fort Wayne, Indiana. The company built its success on a reputation of providing timely maintenance and repair service.
A small rural county has experienced unprecedented growth over the past 6 years, and as a result, the local school district built the new 500-student North Park Elementary School.
Categorize different scheduling procedures for various types of service operations, such as restaurants, hospitals, and airlines. Your initial post should include explanations and examples and be 200-250 words.
Graphically decide a daily production plan that minimizes the cost of meeting Leary Chemical's daily demands.
Compare and contract unsecured credit and secured credit, and explain the key differences.
Describing illustrate what office automation also group collaboration software is used in an organization.
Compare the human resources philosophy of two companies from the same industry. Comparison should include their similarities, differences and at least one item that gives that company a competitive advantage.
Illustrate what performance appraisal system would you develop for the secretaries if you were robbing Winchester? Defend your answer.
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