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The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet, they did not have enough knives. She decides she needs to order some more silverware, but wants to take advantage of any quantity discounts her vendor will offer.>For a small order (2,000 pieces or less) her vendor quotes a price of $1.80/piece.>If she orders 2,001 to 5,000 pieces, the price drops to $1.60/piece.>5,001 to 10,000 pieces brings the price to $1.40/piece, and>10,001 and above reduces the price to $1.25/piece.Lisa's order costs of $205 per order, her annual holding costs are 5%, and the annual demand is 47,000 pieces. For the best option, (the best option is the price leve that results in an EOQ within the acceptable range).A) What is the optimum ordering quantity?B) What is the annual holding cost?C) What is the annual ordering cost?D) What are the annual cost of the silverware with an optimal order quantity?E) What is the total annual cost, including ordering, holding, and purchasing the silverware?
Put yourself in the position of an entrepreneur who is developing a new product to introduce into the market. Briefly describe the product. Then develop the segmentation, targeting, and positioning strategy for marketing the new product.
As a CEO, you are trying to acquire a foreign firm. The size of your firm will be double and it will become the largest in your industry. What does your firm do and what does the foreign firm you are trying to acquire do?
The coffeehouse estimates that it costs $45 in paperwork and labor to place an order for the coffee, and the annual holding cost is 15% of the purchasing price.
Windy City Balloon Port ran a balloon launching facility in Illinois, offering sightseeing flights in hot-air and helium balloons owned by third parties.
based on this information and the multiplicative seasonal model, illustrate what will the demand level be for mark's sailboats in the spring of 2011
The United Auto Workers union enters into contract negotiations with the Ford Motor Company in Michigan. What are the three main subject areas the UAW can negotiate with Ford?
Draw a decision tree showing the decisions, chance events, and their probabilities, as well as the profitability of outcomes, and solve the decision tree EVsmall expansion = $, EVlarge expansion = $
Evaluate the challenges that for-profit public companies face from recurrent scandals, political attacks and alternative corporate structures such as the B-corp
In brief discuss the marketing research process. How can firm leverage its marketing information system (MIS) to yield the greatest value for its research efforts?
Define the decision variables clearly. Write the objective function also the of the decision variables. Plot the constraints also show the feasible region.
Analyze the impact of collections and claim denials on managing receivables and the revenue cycle of a healthcare organization.
illustrate what retailer will give it also product will be offered at a competitive price. Assume new diaper's name will not be associated with or known products.
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