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Rocky Mountain Tire Center sells 14,000 go-cart tires per year. The ordering cost for each order is $35, and the holding cost is 40% of the purchace price of the tires per year. The purchase price is $20 per tire if fewer than 200 tires are ordered, $19 per tire is 200 or more - but fewer than 5000 - tires are orderd and $16 per tire if 5,000 or more tires are ordered.
a. How many tires should Rocky Mountains tire order each time it time it places an order?
b. What is the total cost of this policy?
Draw ER diagram 1) entity types 2) Relationship types 3) keys 4) Cardinality ratio 5) Connection. One employee must work for one and only one department. One department must have 4 or more employees. One employee may manage one and only one departmen..
Select an organization that either has or is experiencing challenges with its compensation and benefit system. The student will provide a brief historical view of the organization.
Explain why have OSHA's ergonomic requirements been a source of controversy. Illustrate what position do you think OSHA should take on ergonomics.
A film company needs to cut 15 long rolls and 10 short rolls of film from stock pieces. Each stock piece can be cut in one of two patterns. The first produces 5 long and 2 short rolls; the second yields 3 long and 5 short. Formulate the problem as an..
what is the dilemma facing Lexus and the important factors in understanding this decision.
Identify some of the key processes that need improvement in your organization associated with the following: sales, marketing, customer service, supply chain management, human resources, manufacturing, etc.
What are the risks and rewards of changing from a current supplier to a new supplier ? How can you balance these risks and rewards?
It’s clear that, in general, the company’s growth initiatives were sound in terms of generating the growth expected by Wall Street. But which of Starbucks’ initiatives, in retrospect, were sound decisions for the brand and which were inconsistent wit..
Explain the application of ISO 9001 to the Service Sector
Explain briefly how techniques described in this chapter could be used to improve operations. Be specific about which techniques could be used, how they could be used, and why you think those techniques would be helpful.
What is the general purpose of the technique? How does or should this help operations in general? What are the limitations of the technique? What are the costs involved? What training is needed to use the technique? What else is needed?
Sands Company sold goods with a total selling price of $808,650 during the year. It purchased goods for $389,900 and had beginning inventory of $74,440. A count of its ending inventory determined that goods on hand was $56,990. What was its cost of g..
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