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A produce distributor uses 760 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. 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 "tiny_mce_markerquot; sign in your response.)
Whatever your management role in an organization, one of your responsibilities is to control operating costs. In the 21st Century, all organizations face rising information technology costs.
South Central Utilities has just announced the August 1 opening its second nuclear generator at its Baton Rou, Louisiana, nuclear power plant. Propose this staffing problem using LP. Solve problem. How many trainees should begin each month?
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.
calculate the dividend yield, the capital-gain yield, and the total return to the stock. Express your calculations in percentage terms.
Service/ Manufacturing process design is based on a considerable number of different variables and shows, in essence, a number of trade-offs.
For this payoff table find Transrail's optimal decision using (1) the conservative approach, (2) the optimistic approach. and 3) the minimax regret approach
Define the decision variables and write the linear program appropriate for maximizing monthly profit contribution. What is the optimal solution?
Illustrate what is a vehicle for communicating proprietary information with authorized users outside organizational boundaries.
Illustrate what term best expresses placement of workers and machines in a single location to make a product. Discuss role and importance of Information Systems Management (ISM) in a named organization.
Illustrate what are some of key technology elements that you see in your daily shopping. Illustrate what do you think will be next big technology development in order processing.
Illustrate what conflicts or barriers internal to Barilla doe JITD program create? Illustrate what causes se conflicts. As Giorgio Maggiali, explain how would you deal with se.
Illustrate explain how you believe of a person will have to proceed in establishing herself as legitimate possessor of supervisory authority on unit also illustrate sources also forms of his authority that he can use it.
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