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A produce distributor uses 750 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.)
Discuss the reasons behind the new expansionism that characterized US foreign policy in the 1890s?
Jason and Natalie are neighbors that live on Guerrero Street. Fifteen years ago Natalie built a gazebo. She frequently used the gazebo, but she was not aware that actually the gazebo was on property belonging to Jason. A month after the gazebo was bu..
What is the best approach for me to take in creating or implementing an order taking system and how do I deal with Privacy issues?
A time study analyst observes a worker over a period of time and calculates that the worker required 20.0 minutes per unit produced. The worker was rated at a 115 percent performance rating, and a 10 percent allowance for personal time and fatigue ap..
Company A has four plants locating in different cities across the region. There are three markets the company is selling its products to. Currently, each plant can only produce 500 units of products, and Market 1 needs 800 units of the product.
The Metropolitan Bus Company (MBC) purchases diesel fuel from American Petroleum Supply. In addition to the fuel cost, American Petroleum Supply charges MBC $250 per order to cover the expenses of delivering and transferring the fuel to MBC’s storage..
On average, the pharmacy prepares 500 CSP doses per day. Use Little's law to calculate how many doses in total are prepared for a single order on average.
Describe the employer-sponsored sales process? What is the goal of this process once it is completed? Why is accreditation important?
The fundamental aspects of Operations & Quality Management
What is meant by 'relative factor intensity of a commodity' and 'relative factor abundance of a country'? How are these concepts used to explain the commodity composition of trade? Demonstrate that under this analysis commodity movement and factor mo..
You find out from billing that a growing number of processed claims are returning as denied. Upon further investigation, you find that the root cause seems to be the inconsistency of checking eligibility of patients. Goal – Develop a solution to redu..
Explain why an organization needs a strategic vision. What purpose does a strategic vision serve? How can one tell if a company has an ethical strategy?
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