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José runs a mail-order business for gym equipment from his house in Dorado. Annual demand for the PuertoFlexers (the best seller) is 25,000 in the US. Assume that the year has 360 days. He sells each product for $350, earning a markup of 20%, including shipping and handling to the US. The annual holding cost per unit is $5.50 and the cost to process an order is $25. It takes ten days to completely process an order. (Write down any assumption that you have to make.) 3. What are the EOQ and Total Cost of this situation? 4. How long does a cycle time last? 5. If José has space for 565 products, can all be stored in his facilities? 6. If José expect demand to rise by 15% next year, does he has to make any arrangements?
Does it make sense any more to talk about the nationality of a car? Is Volvo Swedish car? Volvo is partially owned by FORD of USA, uses many mechanical parts imported into Sweden, and assembles its cars in Sweden for sale in USA. Is a Mercedes Benz a..
You expect that education to cost $20,000 per year for four years. To pay for the education, you will simply withdrawal money from your investment account. In addition, a long-lost relative recently died, leaving you $50,000. A timeline depicting ..
Give three examples of organizations that have acquired or developed new technologies to support the following objectives:
Congress enacted the Controlled Substance Act, 21 U.S.C. §801 (CSA), as part of the Comprehensive Drug Abuse Prevention and Control Act of 1970. CSA establishes or designates certain drugs as “controlled substances” and makes it unlawful to knowingly..
Calculate the schedule variance, schedule performance index, and cost performance index for the project to date. (Round your "performance index" values to 3 decimal places.)
A large manufacturing company is embarking on a project to replace a system that tracks travel expenses within the organization. The current system used is old and outdated. Analyze the given scenario and identify the best method for deriving duratio..
Discuss how the traits of ethical leaders and the influence of the group affect moral responsibility. Provide an example in your writing.
Annual fixed costs are $900,000 and $800,000 for outsourcing and in sourcing, respectively, and variable costs are $32 and $28 for outsourcing and in sourcing, respectively. If current annual demand is 25,000 units, by how much must demand be changed..
Based on what you have read and discussed so far, comment on which system management standard seems to be the most applicable standard for the manufacturing sector to use in the U.S. Are the three primary standards discussed in this unit differen..
Draft a timeline, by using a Gantt chart, showing the major phases of the project cycle (see Figure 17.1 text, "Quality and Performance Improvement in Healthcare 5th edition authors: Elliott and Shaw") and the key tasks for each phase. Develop a team..
Determine how, if possible, international trade-related organizations can assist this expansion effort in the country of choice. If international trade-related organizations will not be helpful, justify this situation.
Describe how images of war shaped have shaped your perception of war? Have you re-tweeted or posted on Facebook photos that impact you emotionally? If Twitter existed during the Vietnam War do you think the war would have ended sooner? Can Twitter re..
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