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A large law firm uses an average of 38 boxes of copier paper a day. The firm operates 261 days a year. Storage and handling costs for the paper are $32 a year per box, and it costs approximately $61 to order and receive a shipment of paper. a. What order size would minimize the sum of annual ordering and carrying costs? (Round your answer to the nearest whole number.) Order size boxes b. Compute the total annual cost using your order size from part a. (Round intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.) Total annual cost $ c. Except for rounding, are annual ordering and carrying costs always equal at the EOQ? Yes No d-1. The office manager is currently using an order size of 202 boxes. The partners of the firm expect the office to be managed "in a cost-efficient manner." compute total cost for this current order size. (Round intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.) TC = $
The operations manager for the Blue Moon Brewing Co. produces two beers: Lite (L) and Dark (D). Two of his resources are constrained: production time, which is limited to 8 hours (480 minutes) per day; What are decision variables. What is the objecti..
Do you agree or disagree with Dahl's interpretations of Madison's positions on each of these questions? Give a brief explanation of why or why not, and be sure to address each of the four questions that comprise this problem.
Discuss the digital disruption that is impacting the traditional print media of newspapers and magazines. What are some of the ways publishers can respond to these changes and attract and retain advertisers?
The good cause exception to employment at will arises during the course of a worker’s employment based on the way the employer evaluates rewards and disciplines the employee. The Family and Medical Leave Act requires, that employees who are out of wo..
The forecast for monthly demand is given below. On average there are 22 production days in a month. It takes one worker three days to complete one unit.
Inventory management is critical to success in the simulation. With respect to your team, discuss how you decide to balance the risk of stockouts against the costs of maintaining excess inventory.
A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a monthly service charge of $20. Plan A has a cost of $.40 a minute for daytime calls and $.20 a minute for evening calls. Sup..
Formulate a linear program to help minimize cost while satisfying demand. Solve the LP using Solver or LINDO and generate the range sensitivity analysis as part of the output.
In the beginning, fitness quest had alliances with trainers and its main competitors have alliances with major retailers. Thus, both companies on the basis of their alliances. Why do you think fitness quest won this competition? To what extent did it..
Using your school, work, or volunteer experience, explain how you believe effective communications help an organization to achieve its goals and how you believe ineffective communications thwart achievement of its goals. Give examples from your exper..
Which of the following statements with respect to the early practice of OD is correct?
Discuss a mental model that you have that needs to be changed. How does your model need to change and what are 3 things you can start doing to change it?
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