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A large bakery buys flour in 25-pound bags. The bakery uses an average of 5 bags a day. The bakery operates 243 days a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.Determine the EOQ.What is the average number of bags on hand?How many orders per year will there be?Compute the total cost of ordering and carrying flour.If holding costs were to increase by $9 per year, how much would that affect the minimum total annual cost?
Suppose the production manager is asked to reduce the safety stock of this item by 45 percent. If she does so, what will the new service probability be
Competitive environment affects number also types of competitors marketing manager must face also how they may behave, how has this affect your career.
Acting as supervisor for a company of your choice, draft two examples of formal company e-mails to employees.
Employees at Foxconn factories described in the e-Activity worked more hours than allowed under Chinese labor laws. Yet the violation of these standards is widespread in manufacturing
An enterprising student has set up an internship clearinghouse for business students. Each student who uses the service fills out a form and lists up to 10 companies that he or she would like to have contacted.
daily demand for a product is approximately normally distributed with a mean of 138 and a standard deviation of 24 units. Order lead time is 9 days. Illustrate what is appropriate reorder point (in units) if target service level is 82%.
Within the food service industry, find examples of firms that have sustained competitive advantage by competing on the basis of Cost leadership, Response, and differentiation.
Explain however, the cost to produce a can would be $0.07 also the distribution cost would be $0.04 per can. Over Illustrate what range of product would each plant be preferred.
Riverside oil company in eastern Kentucky produces 3 different grades of gasoline. They are regular, premium, and supreme grades. Each barrel of regular grade sells for $82 while premium grade sells for $88 per barrel and supreme grade sells for $..
Each unit of product must be processed on two assembly lines, where the required production times are as follows.
Suppose your boss asked you to develop a scheduling plan for a project. Describe what approach you would take also the steps you would follow to develop the plan.
For this question suppose which all 699 of units of Cedar are sold in the Nano segment. If the competitive environment remains unchanged. Elucidate what will be the Cedar product's demand next year (in 000's).
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