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A refinery in Houston replaces all of the 3" full-open ball valves in its facility according to a very strict maintenance policy which spaces replacements fairly uniformly throughout the year. The refinery has approximately 1000 of these valves in place and safety regulations call for annual replacement. Ball valves are priced according to the schedule below. It costs $30 to place an order for valves and spare parts carrying costs are estimated at $7 per valve per year.
AMOUNT PRICE 1 to 75 $22.50 76 to 119 20.00 120 + 18.25
What order quantity will enable the refinery to achieve the lowest total cost for the year in purchasing the 3" ball valves?
if the average worker can produce 15 widget an a hour/which goal is likely to lead to the best performance/1.10/2 15/3.
In the food processing sector of a country, 100 identical small firms produce frozen fruits. Each producer is a price-taker in the market and faces the following cost conditions:
The average age of the US workforce is increasing and will continue for several years.
1. The monthly sales for Telco Batteries, Inc., were as follows: Month Sales Jan 20 Feb 21 Mar 15 Apr 14 May 13 Jun 16 Jul 17 Aug 18 Sep 20 Oct 20 Nov 21 Dec 23 a. Plot the m
The number of students enrolled at Spring Valley Elementary has been steadily increasing over the past five years. The school board would like to forecast enrolment for years 6 and
what is learning curve?
what are the elements of production forecasting?
Risk prevention strategies should include less detailed planning training static designs and traditional systems all of the above none of the above
Explain important provisions of factory act, 1948. The significant provisions of Factories Act, 1948 are given below: a) Health: The following are the significant provisions
1) In your opinion, how does the visioning phase of the Bombardier ERP project impact the rest of the project? 2) What organizational outcomes did Bombardier expect with a succe
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