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Suppose my office uses ten different kinds of inkjet printers, and as a result I need to maintain inventory of ten different types of ink cartridges. This is a large office, and the average demand for each type of cartridge is 15 cartridges per month. My ordering cost is $10.00 per order, and the carrying cost is $2.00 per cartridge per month. What is the optimal order quantity for the inkjet cartridges? (Note, I will need to be maintaining separate inventories and placing orders for each of the ten different types of cartridges. Assume we are using a Q,R system and the different cartridges will be hitting their order points at different points in time.) What is the total annual ordering plus carrying cost of the inventory system, for all ten items? HINT: Find the optimal order quantity and total cost for one of these cartridges. The total cost for all ten types of cartridge is ten times the cost for one.
describe three management skills necessary for the effective management of an organization. Outline three management roles in relation to the management of people and organizational processes.
Shirley Hopkins is developing a program in leadership training for middle managers. Illustrate what is total project completion time. Illustrate what is slack time for each individual activity.
List and briefly explain the five-component model of an information system. How can you use them?
which serves both types of customers and the service times follow exponential distribution with a mean of 10 minutes. if a type 2 arrives and the type 1 being served, what is the distribution of the waiting time for this time 2 customer?
List at least FIVE sources you will use to obtain information about the firm's strengths, weaknesses, opportunities, and threats. Discuss what categories of the SWOT elements of information are readily available on the Internet.
the steps to building a wbs are as follows1.start with the scope statement of the project.2.decompose the scope into
although it was designed to make four copies per second. Data suggests that about 3% of the copies pages must be scrapped and recopied. What is the overall equipment effectivness of the high-speed copier?
In the face game, OP1 can draw 82 circles in 2 minutes, OP2 can do 59 faces in 2 minutes, OP3 can add hair to 21 faces in 2 minutes. Who is the bottleneck?
Name a company (other than those already discussed in this course) that you are familiar with or has been in news that seems to have a strong corporate cultures. Describe the type of culture it is, and the impact the culture has on the organization ..
Defend your answers. You may not simply say that they all the same. Give at least one example of each one that tends to make it more or less of a challenge.
If the factory produces 18,170 units in October, what is the capacity utilization rate in October for this factory?
After some thought, you feel that it might be embarrassing if you run out of shillings and need to ask to convert additional dollars, so you really do not want to run out of shillings
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