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A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, and $1.20 a box for smaller quantities. Ordering cost is $80 per order and carrying costs are $10 per box a year. The firm uses 3,600 boxes a year. The manager has suggested a “round number” order size of 800 boxes. The manager’s rationale is that with a U-shaped cost curve that is fairly flat at its minimum, the difference in total annual cost between 800 and 801 units would be small anyway. What order size would you recommend? (Round intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
Recommended order size: _________
Review nursing informatics competencies such as those outlined by the American Nurses Association (ANA), the Technology Informatics Guiding Education Reform (TIGER), and the Quality and Safety Education for Nurses (QSEN).
Operations differ in terms of their volume, variety, variation and visibility (see Diagnostic Question). Critically examine the inter-links and relevance of these four Vs for the operations function of the organisation where you are currently, or ..
What is the probability that the "BX" tire will last beyond 46,000 miles? Unrelated to part a. Goodstone Tire Company manufactures the "BX" Tire that has an expected life that is exponentially distributed with a mean of 35,000 miles
1 discuss at least 3 theories of change management eg. kotter lewin nadler action research and appreciative inquiry.2
Presumably, information about the new line has been shared with supply chain partners. Explain what information should be shared with various partners and why sharing that information is important?
Describing Rough-cut Capacity Planning (RCCP) or Capacity Requirements Planning (CRP) in manufacturing or service organizations. Provide description of the source.
a local radio call-in show has about 25 calls arrive each hour and the radio host spends about 1.1 minutes per caller
Prepare a fact sheet convincing the board of the need for effective financial reporting with arguments about why it helps the organization's fundraising goals.
A project manager for a large manufacturing company is working on a project that calls for a new building to be constructed to house a new clean system manufacturing process that is critical to the success of the project. Construction is not a core c..
Norman is a quality engineer at WestCo Manufacturing. He wants to determine the likelihood of observing a value between 12.25 PSI (Pounds per Square Inch) and 13.00 PSI on the injection molding machine on line 2. Norman has determined his data is nor..
Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs. Explain how your ethical perspective has evolved throughout the program.
A mass merchandiser has four distribution centers to supply 201 retail stores in the Indiana/Ohio area. The distribution centers can supply any store. How many constraints will be in a problem to determine which distribution center supplies which ..
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