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A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The carrying cost is $0.75 per yard and the demand is 10,000 yards per year. The production facility operates the same days as the retail store is open (i.e. 311 days) and produces 150 yards of the denim cloth per day. Determine:
a) The optimal order size
b) The total inventory cost
c) The length of time to receive an order
d) The number of orders per year
e) The maximum inventory level.
The Internet and the Web are not the same thing. What is the difference between the Internet and the Web? Let's discuss what the Internet is and how many kinds of traffic
How is fast tracking also crashing different? How are they similar. Provide examples. Choose a business also evaluate beneficial influences of changing technological forces on that business.
Illustrate what is the worst which can happen to the organization as a result of this particular decision. Illustrate what is the best which can happen.
The second subsystem consists of 5 elements in series every with a failure rate of 1/200. Elucidate what is the overall reliability of the system.
Would American companies do more good by refusing to cooperte with Chinese authorities and risk not being able to do business in china
Illustrate what percentage of parts will not meet the weight specifications. Within illustrate what values will 95.44 percent pf sample means of the process fall, if samples of n=16 are taken also the process is in control.
Categorize the following causes of complaints into a cause-and-effect diagram: tools, scheduling, defective parts, training, billing system, performance measures, diagnostic equipment, and communications.
The daily demand for solution A lies between 30 and150 units also for solution B between 40 and 200 units. Find out the optimal production amounts of A also B utilizing the Graphical Method. Solve the above problem utilizing the Excel Solver.
Search the library also provide 2 research citations that illustrate examples of companies that are utilizing e-business strategies (e.g., B2B, B2C), also discuss explain how your organization could benefit from employing similar strategies.
William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics. Illustrate what are the Yearly holding costs for the workbooks.
A single pigeon has a 0.7 probability of arriving at the proper destination in a timely fashion. How many pigeons, each carrying an identical set of orders, must Grant send in order for him to have 98% confidence (reliability) that the orders reach G..
Illustrate what is the theoretical minimum number of work stations. Assign tasks to work stations utilizing the longest task time heuristics (longest operating time rule). Explain how much total idle time is present each day.
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