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A flower shop uses 800 clay pots per month. The pots are purchased at $2 each. Annual carrying costs are estimated at $.60 per pot per year and ordering costs are $20 per order. The manager has currently been using an order size of 1600 flower pots per order. Considering this, please answer the following questions :
- What is the number of orders per year if the manager uses the current order quantity of 1600?- What is the number of orders per year if the manager uses the Economic Order Quantity?- What is the maximum number of flower pots that are held in inventory in a given ordering cycle?
Use EPQ to calculate the the order quantity? What is the total annual inventory cost of the EPQ plan?
Evaluate the various claims made by the union and counterclaims made by the company regarding the charges of unfair labor practices
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Based on se needs, explain how would you structure various types of communications-memos, voice mail message, also so forth-for a virtual worke.
Find a business or organization, preferably one where you are working used to work, or know an employee or owner. (You can use anything such as retail or finance departments)
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An organization recently developed a new compensation system, which has moved the organization from a static grade-based salary to a performance-based compensation system with possible yearly increases determined by yearly performance reviews.
Inventory holding costs are $2 per unit per month. Given the estimates of demand below, create an aggregate production plan for Slopes also Sleds utilizing.
Executives at your company are now interested in motorcycles with larger motors and would eventually like to produce motorcycles in the touring class
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