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A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, and $1.20 a box for smaller quantities. Ordering cost is $80 per order and carrying costs are $10 per box a year. The firm uses 3,600 boxes a year. The manager has suggested a “round number” order size of 800 boxes. The manager’s rationale is that with a U-shaped cost curve that is fairly flat at its minimum, the difference in total annual cost between 800 and 801 units would be small anyway. What order size would you recommend? (Round intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
Calculation Of Ratio Of Prevention Of Costs To Sales
Radovilsky Manufacturing Company, in Hayward. California. Makes flashing lights for toys. The company operates its production facility 300 days per year. What is the optimal size of the production run? What is the average holding cost per year? What ..
Assume your manager has given you this task and you need to come up with a solution. Use the first worksheet, denoted Part 1, to determine a feasible solution that meets monthly staffing needs. You will likely use trial-and-error.
What are the primary reasons for the decline of organized labor during the 20th century especially within private sector of the economy? What strategy would you propose unions adapt to specifically increase membership? 3. Why have unions not done so ..
Consider the benefits and challenges linked with project teams as shown in Exhibit 1.8 of the text. Assess the team contributions and determine which you think provides the biggest benefit. Determine which team contribution you think is the biggest c..
Which one of the 5 generic competitive strategies is most likely to be best suited for an industry whose product is a commodity? Explain.
According to Shaw and Barry, in answering the question "In the case of sexual harassment, who determines what is objectionable or offensive." the courts have asked what the reasonable woman would find offensive. However there are a number of peopl..
Case Change Agent in Waiting: - What are the key characteristics of government organizations, like the Housing Development Board of Singapore, and not-for-profits which help explain the content for this case? - What is the change challenge for HDB an..
Should a researcher always obtain information on the structural aspects and job characteristics from those interviewed? What are the most important differences between positivism and constructionism?
Explain how the cell concept works to improve productivity and quality, and how it acts as a means to support lean manufacturing.
Emergency management is defined as the discipline dealing with risk and risk avoidance and involves a diverse set of players. Who are the primary stakeholders in emergency management? Who would you list as the secondary stakeholders? Why? What has be..
Knoll Corp., after several years of existence, has decided to institute a formal product development department. Where should this deparment look first for product problems: What types of information might be obtained form this source?
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