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A manufacturer is sourcing a component for a new product. Expected monthly demand is 705 units. The component can be purchased from either supplier A or supplier B, with the following price breaks: SUPPLIER A SUPPLIER B Quantity Unit Price Quantity Unit Price 1–199 $14.00 1–149 $14.10 200–499 13.80 150–349 13.90 500 + 13.6 350 + 13.5 Ordering cost is $31 and annual holding cost is 25 percent of unit price per unit. a. Which supplier should be used? b. What order quantity is optimal if the intent is to minimize total annual costs? c. What is the minimum annual inventory cost?
A small grocery store has a single checkout line. On Saturdays, customers arrive at the checkout at the average rate of 7.5 per hour (according to a Poisson distribution). The cashier takes an average of 6 minutes to process a single customer. We ass..
In the context of direct conflict management approaches, what are assertiveness and cooperativeness? How are assertiveness and cooperativeness related to each of the five basic direct conflict management approaches?
Compare the steps described for the B2B buying process with the steps your own consumer buying process.
Construct a market value balance sheet for QTI without the planned project. Determine the project's NPV, assuming it is all equity financed.
Shockingly, demand for this item is 8 per week, with a variance of 60, corresponding to the product Nega BynoMeal
Describe the role of organizations such as Joint Commission (JC), the ANA and the Centers for Medicare and Medicaid Services (CMS) as well as others in establishing standards of practice in the health care industry. Discuss quality control and identi..
Some courts have held that certain shareholders are fiduciaries of each other. These are shareholders of:
What has made Louis Vuitton's business model successful in the Japanese luxury market? What are the opportunities and challenges for Louis Vuitton in Japan?
selecting the best supplierinterview a senior project or program manager in your organisation and ask them to walk you
In what ways do persuassive arguments and presentations directed toward general audiences creat a call to action for reform? (Like in the case of obesity.)
Why does total system inventory increase as a company increases its number of stocking locations? Early in the chapter it was stated that planning inventory levels is both an art and a science.
You have just been hired as a Consultant/Supplier by the Global Olympic Game Committee to manage all the internal and external risks that can negatively impact the upcoming Olympic Games successful execution in Nigeria-West Africa. Thoroughly explain..
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