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Ford and GM carry spare parts for their dealers at a third-party warehouse in Michigan's Upper Peninsula. Demand for Ford spare parts is 100 units per month, whereas demand for GM parts is 120 per month. Each spare part costs $100 and both companies have a holding cost of 20%. Currently, each company uses a separate truck to ship these parts. Each truck has a fixed cost of $500. What is the optimal order size and frequency for Ford? For GM? What is the annual ordering and holding costs for each inventory?
A third-party logistics provider has offered to combine shipments for each of the two companies on a single truck. This will increase the cost of each truck to $600. If the two companies agree to the joint shipment, what is the optimal order frequency and size? What is the annual ordering and holding costs for the two companies combined? Should Ford and GM accept the third party's proposal? How should they divide the fixed cost per truck among themselves?
Illustrate the importance of societal wealth ventures, social responsibility, community outreach, and giving back to the community in order to ensure balance between private and societal interests
The Buy-More electronics chain store tags its inventory of Apple iPads with radio frequency ID tags to discourage theft and allow it to track sales across its stores. With the "Black Friday"/"Cyber Monday" Christmas shopping season approaching Buy-M..
Illustrate under what circumstances would GMA or cognitive ability tests be appropriate for promotion decisions. Are there other methods that might be more valid.
All of the following are reasons for the popularity of values as a topic of organizational behavior except ______.
Create a worst-case scenario for a project lacking a time-phrase baseline. Also discuss if you were ever in such a situation, the outcomes of the situation and what you learned. The situation can be professional or personal.
What is meant by an indemnity plan, and how is managed care different from traditional indemnity insurance? What do you see as some of the most significant impacts of managed care for patients?
Develop the management-research question hierarchy for a management dilemma
A company is about to begin production of a new product. The manager of the department that will produce one of the components for the product wants to know how often the machine will be available for other work. The machine will produce the item at ..
Consider the globalization debate. Which side do you most agree with? The trickle-down case or the contrary case? State your position and provide examples defending your position.
Which regression output allows us to conclude that there is a statistically significant relationship between Y (dependent variable) and any single X variable (independent variable)?
What is the significance of designing a production system that has “robust” behavior?
Titan Corporation provides a retirement plan for itd employees. One of its employees has vested benefits under the plan which will pay her $30,000 annually for life starting with the first $30,000 payment on the day she retires at the age of 65. T..
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