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A produce distributor uses 780 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Currently the manager orders once a month. How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.) Savings $ per year
Which of the following statements is true regarding quality improvement?
What is the recommended production rate if a level strategy is adopted with no backorder or stockouts? What is the ending inventory for month 4 under this plan?
In this assignment you are to write a 4 - 5 page research paper in current APA format on collaborative networks in which you develop a model for an effective global network supporting a distributed team. The paper should be structured as follows:
MT is a manufacturer of small camping and snowmobile trailers. The demand for camping trailers occurs between January and June of each year (mostly in April and May). MT makes camping trailers during January to June, shuts down in July, and then make..
What types of special materials handling equipment can be identified on local building sites? Do they take advantage of certain properties of the material being handled (e.g., the fluidity of concrete)?
What is the minimum number of workstations that will ensure an output rate of 43 units per day? (Assume that all of the individual task times are smaller than the obtained cycle time.)
Although we share a common border with Canada, its labor relations system is affected by a number of variables that do not greatly affect the United States. Enumerate and explain these variables.
Every company finds it challenging to recruit and select top executives for an international location. The nationals of the host country will be aware of the local laws and customs and may accept a lower wage as well, but may not be familiar with ..
If you read the theories of absolute/comparative advantage, you would expect that tropical countries will grow and export bananas while temperate countries will grow and export wheat. What theory of international trade might offer an explanation for ..
Select any service organization with which you are familiar. Write a paper about it with the following sections: Introduction - Give a brief overview of the company including its services, location & history. Product - Describe the service in more de..
Depend on the prices which have been computed, a net savings should be evident to allow for major or minor price savings for JVA Corp.
When is a company likely to choose related diversification and unrelated diversification? Discuss two companies that pursue related and unrelated diversification.
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