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A food processor uses approximately 27,000 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding cost is 18 cents per jar, and reordering cost is $ 60 per order. The company operates an average of 20 days a month.a. What penalty is the company incurring by its present order size?b. The manager would prefer ordering 10 times each month but would have to justify any change in order size. One possibility is to simplify order processing to reduce the ordering cost. What ordering cost would enable the manager to justify ordering every other day (i. e., 10 times a month)?
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Using the case scenario above, provide an assessment of the current business. Describe the company in terms of size, type of business, etc. Explain why you think an HRIS is needed
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The cost of each unit is $10, the inventory carrying cost rate is 0.10, the cost of making a review and placing an order is $15, and the cost of backorder is estimated to be $30. Find the optimal quantity and period for this problem.
While talking to her coworker Binai, Corrine learns her coworker graduated from the same university as she did. Corrine had previously thought that Binai and she had nothing in common since Binai was from India originally and Corrine is American. Cor..
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Interpret the significant impact of New Public Management on Non-Profit Reform. Next, infer two (2) challenges that are associated with implementing the reform in non-profits. Provide a rationale for your response.
What is the optimal production quantity for the card? (Round your answer to the nearest whole number.)
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