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A mail-order house uses 17,620 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.25 2,000 to 4,999 1.20 5,000 to 9,999 1.15 10,000 or more 1.10
a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) Optimal order quantity boxes
b. Determine the number of orders per year. (Round your answer to 2 decimal places.) Number of order per year.
A foundation supports an annual seminar on campus by using the earnings of a $50,000 gift. It is felt that 10% interest will be realized for 10 years, but that plans should be made to anticipate an interest rate of 6% after that time. What uniform an..
A hotel purchases 18,000 gallons of a cleaning product per year. Each gallon costs $10 and the cost of holding one gallon for a day is estimated to be $0.50. Ordering cost amounts to $30 per order.
Consider the last time you had to negotiate something. How do you perceive yourself as a negotiator? What cognitive mistakes have you made in the past and how could you have avoided these mistakes?
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What strategic changes to the product or service will be required to keep it competitive?
Supply chain strategy should be aligned with the firm's competitive strategy. Lower the uncertainty in the firm's business environment, the supply chain's responsiveness level should be higher. Higher the uncertainty, the responsiveness level should ..
How would you be able to determine the difference? Identify what characteristics you would look for and explain each.
What is the percentage of calls being answered by a physician in the US and provide emergency medical consultations.
Non-Value Adding Activity For A Car Manufacturer
Altug’s coffe shop decided to install an automatic coffee vending machine outside one of its stores to reduce the number of people standing in line inside. Mehmet Altug charges $3.50 per cup. However it takes too long for people to make change.
Discuss the tools and methods it uses to evaluate its portfolio, both quantitative and non-quantitative. Discuss the strengths and weaknesses of each approach.
Select a journal article from the Online and Electronic Resources in section 2.5. Your article should be a recently published paper.
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