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Your company manufactures bowling balls in Akron, Ohio. The primary raw material is polyurethane that you order from suppliers. The cost to place each order is $250. The price of the material is $4000 per ton delivered to your plant regardless of lot size. Annual demand for polyurethane at your plant is 76,000 tons. Your company uses 4.5% to calculate its annual cost of carrying materials in inventory. What is the optimal lot size in order to minimize the sum of annual ordering costs and inventory carrying costs of polyurethane? What is the total annual cost based on your optimal lot size?
Luthans and Doh (2012) discuss two major forms of communication flow. Briefly describe why it is important to know if an organization uses upward communication or downward communication.
Of the examples given showing how URT has been applied, which research seems the most relevant to your work or personal communication experiences? Can you use this theory, its axioms, principles and theorems to better manage your feelings of uncertai..
Identify and describe the benefits that outsourcing logistics will bring to the organizations. Explain the various steps of the project procurement process.
The cost of assigning the 30-ton truck to the three counties is $100 to Polk, $85 to Dallas, and $50 to Jasper. Formulate and solve a mixedinteger linear program to determine how much to ship to each county.
Discuss the purpose of OM and how it could improve things like production, quality assurance, resource management, and customer stratification.
According to federal requirements, there must be at least 40 units of nutrient A and 60 units of nutrient B in a package of the new mix. In addition, the company has decided that there can be no more than 12 liver- flavored biscuits in a package. If ..
Pretentious the problem can be found also corrected, illustrate what impact do you think this would have on the capability of the process
Discuss whether the product or service met your product or service quality standards and compare the quality of the product or service to those of the industry.
Develop your own forecast for bow rakes for each month of the next yr (yr 5). Justify your forecast also the method you used.
calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project. find the critical set of activities for the project.
What is the most significant impact of IT on organization design?
As the owner of your fictitious company, please develop a new model for an effective communication strategy as you are not happy with the one that is currently in place.
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