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Determine how many gallons (rounding off at two digits after the decimal point) should be ordered each time to minimize the annual total costs in the following scenario. The item cost per gallon is $5, variable costs of storing one gallon in inventory per year amount to 25% of the item cost, paperwork and shipping costs for placing an order are $10 per order, and the demand is fixed at 500 gallons per month.?
If it takes 6 days for the order placed to arrive, at what point should the product be reordered, assuming a 30-day month??
make decisions about a new company policy for the use of personal devices in the workplace.
Which of the following generally applies the same criteria to acceleration as to initial unit determination?
Select a foreign company that has come to the US (not the other way around!), describe how employees communicate between subsidiaries, how do they handle the time differences?
Alice Agent is an employee of Patti Principal. She negligently runs a stop sign in the course of her employment and injures Bart Bikerider. Can Bart sue Patti for his damages from Alice’s Negligence? Why or why not?
Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of call minutes for daytime calls) would she be indifferent between plans A and B?
A firm has redesigned its production process so that it now takes 10 hours for a unit to be made. Using the old process, it took 15 hours to make a unit
There is no simple solution to the distractions we face in our personal and work lives. Is the solution self-discipline? Are many distractions self-initiated?
Using examples show how good management of "change-over/set-up" brings benefits to the company.
We examined nine different types of selection methods in this chapter. Assume that you were just rejected for a job based on one of these methods. Obviously, you might be disappointed and angry regardless of what method was used to make this decision..
In the calculation of variance for optimistic and pessimistic activity duration estimates made at the 95 or 90 percent level, the denominator of the fraction that approximated the standard deviation of the time distribution changes from the tradition..
Why should marketers try to benefit society at large?
Brandon's computer shop has hired a consultant to help apply operations management techniques to increase profits. Currently the shop sells most of its computers to a high-end customized online retailer and sales are steady at 250 per mth. what is th..
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