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A local Toyota dealership has to decide how many spare shock absorbers to order for a small selling model of car. This shock absorber has an average demand of four units per month. It sells for $25. The carrying charge on this part is 30 percent per year. The dealership has calculated that it costs $15 in overhead to place an order. Determine the EOQ (round to the nearest whole number).
A medical facility does MRIs for sports injuries. Occasionally a test yields inconclusive results and must be repeated.
If the carnival has the option of hiring one or two repairers, which option should the company choose?
Demonstrate how the government can use authentication and authorization technologies to prevent information theft.
Which of the following suggests a process that is not in control?
Do not take age into account when making employment decisions. Understand the purpose of the Age Discrimination in Employment Act.
What are the pros and cons of doing business in China? Why America outsource so much? Summarize doing business in China.
A company uses rivets at a rate of 5,000 kg per year, rivets costing Rs.2 per kg. It costs Rs.20 to place an order and the carrying cost of inventory is 10 % per annum. How frequently should order for rivets be placed and how much?
The annual demand for a product is 16,000 units. The weekly demand is 308 units with a standard deviation of 80 units. The cost to place an order is $30.50, and the time from ordering to receipt is six weeks.
Name three examples of firms conducting a cost leadership strategy that use no advertising. Should they start advertising? Why or Why not.
An engine system consists of three main components in a series, all having the same reliability. Determine the level of reliability required for each of the components if the engine is to have a reliability of 0.998. (Round answer to 4 decimal pla..
Do wholesaling intermediaries provide any ultimate value to customers, or do they just interfere with the process of retailing? Explain the reasons for your answer. Has the emergence of the Internet played a role in retailing and wholesaling trans..
Calculate the item's EOQ. What is the average time between orders, find the safety stock and reorder point that provide a 95% customer service level
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