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The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves is the Western, which has an annual demand of 2,500 units. The price of each valve is $118, the inventory carrying cost is $3, and the ordering cost is $150 per order.
What is the optimal number of orders per year? Specify as a whole number by rounding. Do not round the EOQ that you obtain in the process of determining the number of orders.
What are the pros and cons of updating the product design based on incrementalism? Besides the iPod, identify at least two products that use this approach for product design
Discuss transportation and logistics management policy. Illustrate what impact does policy (local, state, and/or federal) have on transportation.
determine an order size which will minimize the sum of ordering also carrying costs for every of the six-month periods.
A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variable costs as follows: Site Fixed Cost (Annual) Variable Cost (per unit) A $100,000 $10 B $120,000 $8 C $150,000.
Using aggressive mail promotion with low introductory interest rates, Yeager National Bank (YNB) built a large base of credit card customers throughout the continental United States.
Explain how organizational behaviour influences us in our workplace. Any ideas about explain how you might be able to improve explain how you get along in your work.
The manager has assigned an annual carrying cost of 35% of the purchase price per crate. Ordering costs are $28. Currently the manager orders once per month.If the order lead-time is two weeks (ie 0.5 month) what is the re-order point?
Evaluate the ATAR model, including its purpose, application, and so forth. Compare how that model might be used in developing a new product versus a new service.
Now suppose that if a slot is not sold in advance and is not sold at last minute, it may be used for a promotional message worth $2500. Now explain how many slots should WZMU sell in advance.
1) Draw a project network 2) What are the critical values 3) What activity has the most slack time 4) Will the prokect be completed by September 1?
Determine elucidate how you would use these figures to monitor productivity over time. Calculate breakeven point using subsequent information.
A bank is planning to serve the rural communities shown in figure 10.8 with automated teller machines (ATMs). the travel time in minutes between communities in the service area is shown on the network figure 10.8.
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