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A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,700 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. a. Determine the economic order quantity. (Do not round intermediate calculations. Round your final answer to the nearest whole number.) Economic order quantity bags b. What is the average number of bags on hand?(Round your answer to the nearest whole number.) Average number of bags c. How many orders per year will there be? (Round your final answer to the nearest whole number.) Number of orders per year d. Compute the total cost of ordering and carrying flour. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Total cost $ e. If holding costs were to increase by $9 per year, how much would that affect the minimum total annual cost? (Round intermediate order qty to nearest whole number and round your answer to 2 decimal places. Omit the "$" sign in your response.) Increase by $
Restorative Justice takes the idea of Community Policing to a different level by focusing on the needs of the victims and offenders. Compare and contrast the elements of Community Policing and Restorative Justice.
There are 360 working days per year and the lead-time is 5 days. If Mark orders 200 units each time he places an order, what would his total ordering cost be for the year?
Research as necessary Peter Senge's Organization Learning Disabilities to enhance your understanding. Now describe a situation where you have either seen, or been part of, one of these disabilities. Talk to the "who, what, where, when, and why of the..
Identify what techniques you can implement to improve the likelihood that your communications will be received and understood as you intended.
Which of the following describes a focal firm retaining core activates within its own organization and delegating distribution and customer service responsibilities to an independent contractor?
When great technological projects, such as venturing farther into the galaxy or developing new life-extending medicines, are proposed, how should government officials make decisions about how tax dollars should be spent?
Compare and contrast the different types of drawings and discuss their importance to an effective and efficient construction process. Support the paper with research from the online course material, text, and outside sources if necessary.
A computer technician arrives at work at 8AM and finds a department manager delivering three malfunctioning laptop computers. The computer technician begins to repair the problems as soon as possible. What is the total process velocity?
What are the pros and cons of quoting project times aggressively? Conservatilvely?
Define the concept of collecting data. You are the director of quality at a new managed care organization who has been tasked with training new full-time employees in the area of collecting and organizing data for an upcoming committee meeting.
Determine the types of inventories these companies currently manage and describe their essential inventory characteristics. Analyze how each of their goods and service design concepts are integrated.
Which system do you recommend they install?
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