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Wang Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Wang is $400. Carrying cost is estimated to be 20% of the unit costs, and the ordering is $25 per order. If Ping Wang, the owner, orders in quantities of 300 or more, he can get a 5% discount on the cost of the detectors. Should Wang take the quantity discount?
The linear program MAX 3A+4B St. -1A + 2b ? 8 1A+2B ? 12 2A+1B ? 16 A,B ? 0 1-write this problem in the standard form ? 2-Solve the problem using the graphical solution proced
What is Strategic Human Resources Management and how does it link the people with the strategic needs of the business?
Problem 3-5 A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream. Ft = 80
Consider the cutting stock problem that arises when a company manufactures sheets of standard width 100 and has commitments to supply 40 sections of width 40, 60 sections of width
Supply Chain Strategies In this second section of the chapter we consider: 1. Breadth of supplier base - many or few suppliers? 2. Vertically integrated or virtual or
Define the term productivity (a) Productivity implies more number of goods (output) from the same amount resources (input) (b) Management can play an important role in pro
Which of the following statements regarding service companies and activity-based costing (ABC) is true?
Horizontal integration has benefits to the firms involved. Consider the consolidation in the event-promotion business when Live Nation bought Ticketmaster in 2010. List some spec
How the web site helps UPS to achieve its business objective?
How does mobile technology address day-to-day business pressures?
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