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A computer-supply mail order house has a memory chip in inventory that it sells to customers around the country. A Japanese manufacturer supplies the item using airfreight. It has the following characteristics: Average annual demand = 3,200 Replenishment lead time = 1.5 weeks Carrying cost = 15% per year Purchase price, delivered = $55 per unit Procurement ordering cost = $35 per order a. Design a reorder point method of control for this item. b. What are the annual ordering and annual carrying costs if your design is used? c. Suppose that the lead time stretches to three weeks, so that the ROP>Q*. What adjustments would you suggest making in the control policy?
Which of the following statements regarding service companies and activity-based costing (ABC) is true?
When interviewing, why is it important to try to fill in the gaps in a candidate's employment history?
1. Discuss the advantages and disadvantages of the four reward objectives. 2. Identify several team and organizational level performance based rewards. 3. Describe five ways
Do you think that franchisors should allow franchisees to make modifications to the franchisor's product offering, explain? Please put in your own words
If Textile Manufacturing, Inc. reduces the hourly wages of its employees so that it can compete with imported clothing, it can anticipate a significant increase in employee theft o
Information Systems Integration - MRP to ERP ERP (enterprise resource planning) has been defined by Deloitte and Touche as 'packaged business software systems' that allow com
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You are to write a paper analyzing an ethical issue (of your choice) in business. You are to identify the key ethical issues and argue a particular ethical position. In your argume
It is important to have a vision. If you were Jerome Byrd, how would you prepare a new vision for your department?
Which section of the project charter signed by sponsor, project manager and core team members typically describes decision authority and the expected commitment for each of these k
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