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Johnson corporation has the following information about a product that it carries in stock: Average demand= 40 units per day Average lead time= 15 days Item unit cost= $55 for orders of less than 400 units Item unit cost= $50 for orders of 400 units or more Ordering cost=$30 Inventory carrying cost= 20%... The business year is 300 and the standard deviation of demand= 2.5 units and the standard deviation of lead time=1.5days, with desired service level= 97.5% A: What's the annual total acquisition cost of ordering at the price of $55 and $50?... B :What level of safety stock should Johnson maintain for the item? C:If Johnson chooses the ordering policy that results in the lowest total annual acquisition cost , and maintains the safety stock level for 97.5 percent service, what will Johnson's average inventory be for this item? D: what will the annual inventory turnover rate be for this item? E:what will the reorder point be for this item?
She knows that each order for se bills costs $300 for clerical and armored car delivery costs and that order lead time is 6 days. If she were to order 6,000 bills at a time, illustrate what would be average monthly total costs, excluding value of ..
The subject of organization behaviour is sometimes being criticized as being only common sense, when we would rarely hear such a criticism on subject such as statistics. Do you think this criticism of organization behaviour is fair.
You have just notified by the Student Aid and Scholarships Office that you would receive a regent's scholarship of $2000 for the coming academic year.
Explain how many tires should Rocky Mountain order each time it places an order. Illustrate what is the total cost of this policy. Justify your answer and explain how calculations.
Create a hierarchy of five of the most important topics of human resource project. Give a detailed rationale for each of the five topics.
You use a lot of heavy cast gray iron parts in your furniture manufacturing business and you have an American supplier who does not give you very good service.
What are some processes and techniques that you would suggest to make the budgeting process work well? Start with general but also provide some specifics as relate to creating detailed project budgets. Be sure to justify why you think your recomme..
Explain in your own words the differences between a "for-profit" and a "not-for-profit" corporation. What is "looting?" Describe in your own words.
Acme International is thinking about purchasing a new widget making machine. Management is reviewing two proposals
A cosmetics company hiring African-American models with light skin coloration, and not hiring those with much darker skin. This type of issue has become known as 'colorism.
Identify the IP rights that are owned by an organization you currently or formerly have worked at.
Do you think that HR departments should reveal the various diagnoses and proceedures that occur in a company and leads to the various premiums?
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