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The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves, the Western, has an annual demand of 6,000 units. The price of each valve is $76, the inventory carrying cost is $5, and the ordering cost is $150 per order. What is the economic order quantity?
The lead time for an order is 1 week also the standard deviation of demand is 25 tubes per week. Elucidate what is A1Õs optimal order quantity. Elucidate what is the optimal number of orders per year.
ou have received a call from the manager of a firm where you helped set up a forecasting system. Illustrate what would you suggest.
What is the optimal production run size? How many production runs must be made each year?
What claims could she raise and in what court would she raise them? Explain your answer from a jurisdictional standpoint using the above scenario. What types of jurisdiction are at play?
is emotional labour more troublesome for college instructors or for telephone operators working at an emergency service. four drives should parallel seven needs which Maslow identified
Imagine that you are the chief operations officer (COO) of Amazon.com. You are interested in creating a competitive advantage for your company (compared to other online retailers)
A supplier of instrument gauge clusters uses a kanban system to control material flow. The gauge cluster housings are transported four at a time. A fabrication center produces approximately 12 gauges per hour
Are long-term objectives helping the enterprise make appropriate strategic choice decisions? How do distinctions between value disciplines
Suppose which instead of a faucet, a 60 gallon container is used for filling the tan. Elucidate in words the number of gallons in the open tank is changing over time also draw a graph of the situation
Each year firm, on a random basis, uses about 2,000 of item X, which costs $25 each. Storage costs, which include insurance also cost of capital, amount to $5 per unit of average inventory. Illustrate what is annual cost for ordering item X.
Illustrate what is primary reason also Explain why retailers tend to locate high-draw items around periphery of store
Elucidate what volume of demand would the manager be indifferent between the 2 cities Which city should be chosen if demand is higher than this volume.
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