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High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse. Customer orders are placed, the order is picked and packaged, and then shipped to the customer. A fixed order quantity inventory control system helps monitor and control these SKUs. The following information is for one of the calculators that they stock, sell, and ship.Average demand 12.5 calculators per weekLead time 3 weeksOrder cost $20/orderUnit Cost $8.00Carrying Change rate .15Number of weeks 52 weeks per yearStandard Deviation of weekly demand 3.75 calculatorsSKU service level 90 percentSchedule receipts 20 calculatorsBackorders 2 calculatorsCurrent on-hand inventory 35 calcutors
What is the EOQ.What is the total annual order and inventory holding costs for the EOQ.What is the reorder point without safety stock. What is the reorder with safety stock.
A major issue facing many states is whether to legalize casino gambling. Suppose the governor of one state believes that more than 55% of the state's registered voters would favor some form of legal casino gambling
You are an experienced audit senior. The new staff accountant on your audit team does not understand what a control deficiency is.
You are a manager of Bank of America and have to decide to open new branches in Oklahoma. You have no idea about the number of new accounts that would be opened (Uncertainty).
Natural Furniture Company manufactures three outdoor products, chairs, benches, and tables. Each product must pass through the following departments before it is shipped: sawing, sanding, assembly, and painting.
To determine the feasible region associated with less than or equal to constraints or greater than or equal to constraints
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.
Define liability of foreignness and regionalism. Describe corporate strategic alliance and discuss why a company would want to develop one. Are strategic alliances necessary for a company to expand internationally?
Assume that Arthur Rabe is suing Anna Soto for breaching a contract in which Soto promised to sell Rabe a Van Gogh painting for $3 Million. Statutory law or the common law?
Jocelyn has little interest in sales or management but would like to invest a large sum of money that she has inherited from her aunt. What factors should Jorge, Marta, and Jocelyn consider in deciding which form of business organization to adopt.
Use an ? of 0.1 and a B (beta) of 0.2 to make a forecast for july and august. Calculate the MAD for your january through june forecasts. 15 demand units for January, 18 for february, 22 for march, 23 for april, 27 for May, 26 for june.
What are the motivational implications of organizations having reserved parking for certain members? What are the pros and cons of reserved parking from an expectancy theory perspective?
Select an organization and discuss what type of information should be protected in a BIA plan. How would you ensure protection of the confidentiality
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