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Your bar uses 5,000 quarts of wine each year and is open 50 weeks a year. The wine costs $3 per bottle, each time you order it costs $10 and holding costs are 20% of the purchase price of a bottle. If the standard deviation of use is 30 bottles per week and you want a 95.5% service probability, then:
a. What is your economic order quantity?
b. What is your reorder point?
What is Raisio's initial strategy for launching Benecol? What are the risks associated with the partnership with Johnson & Johnson? What strategy do you think they should employ after the dissolution of the J&J partnership (your recommendations)?
What is negotiation? What are the common negotiation pitfalls? What are the strategies to overcome them?
The Economy, Social Responsibility and ustainability, When there has been a significant downtown in the regional economy, how can Tim's Coffee Shoppe take social responsibility? What social responsibility does Tim's Coffee Shoppe have to the communit..
Suppose a manufacturer has identified the following options for obtaining a machined part; It can buy the part at $200 per unit (including materials); it can make the part on a numerically controlled semiautomatic lathe at $75 per unit (including mat..
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A Treasury bond that matures in 10 years has a yield of 4%. A 10-year corporate bond has a yield of 8%. Assume that the liquidity premium on the corporate bond is 0.8%. What is the default risk premium on the corporate bond?
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Variance, or variation in the way we present a product is one of our greatest hurdles in quality management. Just consider. If you have a favourite pizza shop, and one time you get a bad one, are you finished doing business with them? The "bad" one m..
Many firms fail when they enter into strategic alliances with firms that link up with companies based in other countries. What are some reasons for this failure? Provide an example.
How do follower perceptions affect a leader’s style? How might you best assess follower perceptions of your leadership style? What can/should a leader do when the perceptions of the followers are not aligned with the leader’s self-perceptions? Why do..
an item is demanded at the rate of 2000 units per year at a uniform rate. order cost is rs.350 per order. inventory
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