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Your options for shipping $100 000 of machine parts from Hamilton to Kuala Lumpur, Malaysia, are (1) use a ship that will take 30 days at a cost of $3800, or (2) truck the parts to Vancouver and then ship at a total cost of $4800. The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30% of the value per year.
a. Which option is more economical?
b. What customer issues are not included in the data presented?
Written contracts provide certain advantages that oral contracts lack. Disputes about the specifics of the terms in an oral contract are easier to settle when the terms are solidified in writing. Based on the terms of this contract, how long would th..
A sales project at month 5 had an actual cost of $34,000, a planned cost of $42,000 and a value completed of $39,000. Find the cost and schedule variances and the CPI and SPI.
question 1 which of the following would be an example of an innovation and learning performance measure?question 2 the
Assuming that 1 worker is required for each activity, prepare a resource-levelled schedule. Illustrate what is maximum number of workers required to finish project on time.
Following expectancy theory, how can a leader: Determine what rewards employees value?, Determine each employee's desired performance standard?, Ensure that performance standards are attainable?, Guarantee rewards are tied to performance?, and Be cer..
You purchase a $100 face value U.S 10%, 30-year bond for $110. What is the duration of the bond. what is the current yield of the bond? is it higher or lower than the bond’s ytm? why?. If you sold the bond a the end of 1 year what return would you ha..
Why is it hard to come up with a single, concise definition of conversion? Provide at least two examples of different definitions of conversion and explain why different definitions are needed.
How does PAC (Production activity control's) provide feedback on costs, efficiency, utilization, and schedule performance? What specific examples can you provide?
Review three or four key principles that are important in understanding a Biblical view of business ethics. Give examples of how you have (or might in the future) apply these principles.
Tristian Oil estimates that a prospective field has 20 million barrels; If there is a 60% chance that there is 30million barrels and a 40% chance ?f XXXX million barrels. present value will be only $4million. It costs 6million to drill the well; that..
A machine shop has received an order to manufacture 10 large drum rollers. After examining the design of the rollers, the production engineer expects 55 labor-hours to be required for the first drum roller and a learning rate of 75 percent. How many ..
With respect to a firm's supply chain design, what are some key challenges in terms of achieving an optimal level of mass customization?
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