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ABC Aircraft uses 2,000 drill bits annually. Each drill bit costs $50 and each order ABC places costs $30. The annual carrying rate is 20% of unit cost. ABC has contracted with the supplier of the drill bits to use an order quantity of 200 by doing which they receive a 3% discount on purchase price. Compute the annual total cost (i.e. the Purchase cost + Ordering cost + Holding cost). (Please read the question more than once)
Calculate the annual inventory holding costs based on the average inventory level and annual holding cost per box. Calculate the annual inventory ordering costs based on the number of orders expected to be placed during the coming year.
The annual demand for a product is 16,200 units. The weekly demand is 312 units with a standard deviation of 90 units. The cost to place an order is $30.50, and the time from ordering to receipt is eight weeks.
Charlie Jones, a fireman for Boulder County, Colorado, saw an ad for the vacation of his dreams in the local, "Boulder County Gazette." The ad read, "Seven days at the wonderful luxury Windell resort
The supplier would like to deliver sweatshirts once a week. Explain how much will this price the co-op per yr. Under illustrate what conditions would you agree to the supplier's proposal.
Illustrate what recommendations can you offer Dick Enrico to improve his chances of staying successful for the rest of his career.
This was expected to cost a total of $8,501,000. To date they have spent $5,001,000 on the superstructure. Computes the schedule variance, schedule performance index also cost performance index for the project to date.
Companies that give part of a procurement contract to multiple suppliers do so to:
The goal is to choose a design that maximizes the expected profit at a typical restaurant over a 300-day period. Designs K1, K2, and K3 cost $100 000, $130 000, and $180 000 respectively.
The system will cost $50,000 and will have no market value at the end of five year study period. The store's MARR is 20% per year. Use the AW method to evaluate this investment.
Explain how can this model be abused also illustrate what can do done to remove any biases. Explain how can a regression model be used to product to produce results which favour over another.
Write TWO PAGE about your position on Is gender discrimination the primary reason why men are paid more than women for the same position?
If the labourer productivity at the plant is 0.15 hot water heaters per labour hour, how many laburers are employed at the plant?
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