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A produce distributor uses 777 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 37 percent of the purchase price per crate. Ordering costs are $25. Currently the manager orders once a month. How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.)
Find the schedule variance for a project that has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000.
Throughout its existence, Saturn has never turned a profit for General Motors. Research the history of Saturn and GM’s decision to continue funding it (although GM has now decided to close down the auto maker). Why hadn’t Saturn made a profit? Was es..
Research indicates that many employees who have input into job design and who are given greater responsibility frequently show far greater motivation. These innovative ideas are considered forms of employee empowerment.
Superb Consultants has submitted a proposal to analyze the cultural values of your organization. The proposal states that Superb has developed a revolutionary new survey to tap the company’s true culture. The survey takes just 10 minutes to complete,..
Whats the Evaluation and Management code for this? A full-term healthy newborn girl received initial and subsequent hospital care services on July 7 and July 8, respectively.
A manufacturer of thermostats uses a kanban system to control the flow of materials. The packaging center processes 10 thermostats an hour and receives completed thermostats every 30 minutes. How many kanbans are needed for the packaging center? If m..
What factors affect the status of women in a society beside the cultural tradition? In what way the attitudes toward women in conservative Moslem countries may be reminiscent of those prevailing in America, at an earlier time?
An entrepreneur is planning to go into the food business.
Using the information below develop a linear program to determine the best course of action for Harvest Farm Enterprises. Using the results of the linear program prepare an executive summary of 1-2 pages outlining the best plan of action and justify..
What is the throughput time? What is the value-added time for this process? What is the percent value-added time?
the number of girls who attend a summer basketball camp has been recorded for the seven years the camp has been offered. Use exponential smoothing with a smoothing constant of
Define the term model and give some examples of models you see around you every day. Classify models based on the degree of their abstraction, and provide some examples of such models.
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