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ABC Hardware store is open for business 350 days a year. Annual demand for a power cutter at this store is 700 units. Replenishment cost is $15 per order and annual inventory holding cost is 10% of the inventory value. ABC pays $20 for each power cutter. What is the economic order quantity for this cutter, and what is the reorder point if the lead time is 5 days and ABC policy is to keep a safety stock of 10 units?
An air conditioning manufacturer produces room air conditioners at plants in Houston, Phoenix, and Memphis. These are sent to regional distributors in Dallas, Atlanta, and Denver. The shipping costs vary, and the company would like to find the least ..
What is your opinion of Honda's allowed rate and the mechanics' performance?
Stoneware Pottery Company wants to determine how many bowls and mugs should be produced per day in order to maximize profit given the labor and material constraints.What is the optimal solution?
Your firm designs PowerPoint slides for computer training classes, and you have just received a request to bid on a contract to produce the slides for an 8 session class.
Develop your small acquisition project schedule using MS Project (tasks, predecessors, duration, and resources assigned).
Analyze factors that influence each of the following: the company's strategic planning, tactical planning, operational planning, and contingency planning.
The following probabilistic activity time estimates are for a CPM/PERT network. Time Estimates (days) Time Estimates (days) Activity a m b Activity a m b 1 1 2 6 7 1 1.5 2 2 1 3 5 8 1 3 5 3 3 5 10 9 1 1 5 4 3 6 14 10 2 4 9 5 2 4 9 11 1 2 3 6 ..
If the state of California and the federal government both passed laws or regulations related to the sale of video games, which would prevail and why? Discuss the relationship between the states and the federal government, and which has priority. Ana..
What do you think are the main differences between the business strategies of Apple versus Microsoft? Both are very successful companies and yet they seem to have taken a very different approach to winning and keeping customers. What is your predicti..
An injured third party has the right to recover the full amount of her damages from one, some, or all of those who caused her harm. First, consider the following scenario: Betsey has a two-year contract as a producer at Jackson Movie Studios. She pro..
Answer the questions based on the information provided in the case. How is operational performance measured in the case? What were the performance levels before and after process improvements
Compute the annual total cost (i.e. the Purchase cost + Ordering cost + Holding cost). (Please read the question more than once)
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