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A manufacturing operation must periodically purchase bulk quantities of machine screws. The operation expects to consume 18,200 boxes of screws over the coming year. Each box costs $400, the annual holding cost per box is $29, and the cost of placing an order is $50 (regardless of the quantity ordered). For the following questions, use the basic economic order quantity model (without quantity discounts).1. What is the economic order quantity?2. Calculate the annual inventory holding costs based on the average inventory level and annual holding cost per box.3. Calculate the annual inventory ordering costs based on the number of orders expected to be placed during the coming year.
Describe the characteristics of effective business communication and give examples. What tools can you use to be more persuasive?
Suppose which you decided to use a conventional method going through major retailers such as Best Buy, Sam's Club, etc. Elucidate what vertical integration method would you pursue to minimize channel conflict.
If you had been IS head at NIBCO, illustrate what approach would you have recommended also explain why.
Briefly describe the company you researched, its compensation strategy, best practices they are applying
Samuelsson Industries can produce its own motors for a $60,000 fixed monthly cost and a $50 variable cost per unit. Illustrate what option should be chosen if monthly demand is 1200 units.
You are an OD consultant for the Working Better Group. The President of a firm, BARTH Inc., requested a meeting with you to explore how you can help him
Effective human resources professionals have a solid understanding of the changing nature of work and the workplace
Phelps Petroleum Company must decide between two methods of processing oil at a refinery. Method 1 has fixed costs of $22000 for depreciation
Each employee is paid $50 a day for each of first five days worked during a week also $62 for overtime day (if any). Formulate an LP whose solution will enable post office to minimize cost of meeting its weekly work requirements.
Why did Auto systems decide to install Active Entry system. Why did they feel it necessary to integrate it with their TRANS4M ERP system.
Evaluate the challenges that for-profit public companies face from recurrent scandals, political attacks and alternative corporate structures such as the B-corp
the following questions using the data relevant to Jollibee at the time of the case writing. Do not update the case information to current time. Analyze the structure of the global hamburger chain industry relevant to Jollibee.
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