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A produce distributor uses 720 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.)
Savings $ per year
It is generally agreed that HR planning involves four distinct phases or stages, the first being situation analysis or environmental scanning. What are the next three stages?
your employer has been going through many challenges this past eighteen months due to the recent financial crises.
What percentage of organizations do you believe really understand (thoroughly) what resources and capabilities they own, which they need to develop or acquire, and how they should effectively deploy those resources and capabilities? Provide a rationa..
List and briefly describe the two (2) reasons given in your textbook for why developing software for wireless devices is challenging. Include and describe five (5) of the major software components associated with mobile computing in your response..
New software has been purchased to reduce time in calculating customers accounts. Establishing raport and effective communication with team members is primary importance to make this situation successful
Operations management is a very broad field of study and you have covered a lot of material in the first half of the course. Using a real service or manufacturing operation that you have experience with, evaluate the elements that they would have to ..
a describe the most common types of teams used in organizations today and specify which type has the greatest impact on
What do you think are the risks involved (to HR and the organization as a whole) if HR does not make this a priority and instead remains a purely task-oriented department mostly administrative in nature.
Explain how external conditions and group member resources affect group performance and satisfaction.
Boilermakers, Inc. produces 3 products: A, B, and C. The unit prices of product A, B, and C are $5, $50 and $200, respectively. Assume that these products can be sold in unlimited quantities.
Describe the elements of an organization's external environment. Why is it important to understand the external environment?
Clearly organizations can do better in managing change. Using your knowledge of change management gained in this class, discuss the following points.
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