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Rocky Mountain Tire center 11,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 50% of the purchace price of the tires per year. The purchase price is $21 per tire if fewer than 200 tires are ordered, $19 per tire if 200 or more - but fewer than 8000, tires are orderd and $18 per tire if 8,000 or more tires are ordered.
a. how many tires should rocky mountains tire order each time it time it places an order?
b. what is the total cost of this policy?
c. what is the optimal order size?
Howard Weiss, Inc., is considering building a sensitive new airport scanning device.His managers believe that there is a probability of 0.35 that the ATR Co. will come out with a competitive product.
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Compare and contrast accessing the Internet via a modem, DSL, a cable modem, and satellite. Identify which of these access mechanisms is the most popular today, and identify which will be most widely used five to ten years from now.
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