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Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs are $20 per order. Calculate the optimal order size and the corresponding total cost. The manager has been ordering two months of demand (1500 pots) at a time. How much money has he been losing with this practice?
Create a process chart/flow chart to map the process of taking a license plate at Department of Motor Vehicle. Here are the process details: You enter the office and take a number, then walk 50 feet to the waiting area. During the wait, you count add..
What strengths and weaknesses do traditional organizational structures provide? How do boundaryless and learning organizations impact strategic capability in a global environment?
The Drebb Root Beer Company distributes their soft drink at a constant demand rate of 22,500 cases per year. A case cost the company $8.75 with an ordering cost of $18 per order. Determine the EOQ, the Total Annual Cost and the Reorder Point
A coffee maker vendor has set up two coffee machines, Machine 1 and Machine 2, inside an organization. The service cost incurred on Machine 1 and Machine 2 is $100 and $80, respectively. The production cost of coffee is $2 per mug for Machine 1 and $..
The Buy-More electronics chain store tags its inventory of Apple iPads with radio frequency ID tags to discourage theft and allow it to track sales across its stores. With the "Black Friday"/"Cyber Monday" Christmas shopping season approaching Buy-M..
Research a company of your choice and determine which of the four quadrants of the BCG Matrix you feel it fits into. Justify your response
One state legislature was taking up a measure to ban the use of fluoride in toothpaste to prevent cavities. Said one state senator, "Everyone knows that fluoride is poison. Do we really want to be poisoning our kids every morning?" Which congnitive b..
Describe ways in which you might increase your personal power. Include a title page and 3-5 references. Only one reference may be from the internet. The other reference must be from the Grantham University online library.
What are the specific concepts that underlie the strategy consulting company's products or services. Where does the strategy consulting firm concentrate its efforts within the processes of strategy assessment, formulation, decision making, impleme..
Briefly explain Evolution and contributor of Operations management.
Explain with at least two examples why “a knowledge and proficiency in HR management concepts and techniques is important to all supervisors and/or managers.”
Question: The following table gives the historical data on the number of passengers traveling by Super City Bus service. Decompose the time series data into trend and seasonal factors and make forecasts for each quarter in 2007.
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