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Problem 1
The annual demand of training shoes is 12,500 units. The cost to place an order is Dhs 150 and the holding cost is 20% per year of the cost of the pair of shoes. The purchase price schedule is as follows:
Less than 300 pairs Dhs 100
300 to 499 pairs Dhs 95
500 to 999 Dhs 90
1000 and more Dhs 85
Compute the economic order quantity.
Problem 2
The maintenance center of Baghdad Taxi Airport receives cars at an average rate of 3 cars per hour for different operations (repair, or oil change). There are 3 mechanics that perform the maintenance at a mean time of 30 minutes. Assume that the arrival and service times are exponentially distributed. Compute:
a) The probability that the mechanics are free.b) The probability that there are three cars in the maintenance center.c) The average number of cars in the queue.d) The average number of cars in the maintenance center.e) The average time that a coming car will spend in the queue.f) The average time that a coming car expects to stay in the maintenance center before leaving it.
Jerry Eller purchases a laptop computer for $995 from the local Preferable Purchase electronics store. He charges the $995 amount on Preferable Purchase "instant credit," and the store has guaranteed him no finance charges
Determine the optimal production run quantity and Total annual inventory costs.
Describe the each level of diversification an be utilized in a corporate-level strategic plan.
1. A literature review of key theories of how strategy is developed and implemented, and the relationship between strategy, innovation and change
Describe the importance of the implementation phase of strategic planning?
Write a one page description of your business plan
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Explain Resource Base View theory versus Positioning theory
the senior management of your company has already made the strategic decision to allocate annual funding to each of the
Strategies in embryonic and growth industries
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