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Does the EOQ increase or decrease if estimates of setup (order) costs include fixed, semi-variable, and pure variable costs while inventory-holding costs include only pure variable costs? Vice versa? What are the implications? Explain.
About explain how many runs per year would there be. Explain how much could business save annually if setup cost could be reduced to $25 per run.
Analze the primary causes of information management/ information technology project failures and recommend at least three best practices that could be adopted
EXPLAIN the significance on the design and use of various variables and attributes control charts of being based on different distribution.
Minimal-spanning tree technique and Shortest-route technique
Given Gasoline production function of QG = 72MG 1.5 MG2, illustrate what is gasoline marginal profit. Given fibre production function of QF = 80MF 2MF2, illustrate what is fibre marginal profit.
Compute the single exponential smoothing forecast for this information using an ad of .30 and an initial forecast. Compute the mean absolute deviation (MAD) for each forecast.
A builder has located a piece of property that she would like to buy and eventually build on. The land is currently zoned for four homes per acre, but she is planning to request new zoning.
Corporate governance can be defined as the relationship between a corporation and its shareholders.
Calculate the average time it takes a plane to clear the runway once it has notified the airport that it is in the vicinity and wants to land
Elucidate what are the conditions which would have to exist for driving a car which are analogous to the assumptions made when using exponential smoothing.
Articulate key aspects of operations management. Explain why operations management is important to managers in various organizational areas. Please provide specific examples
Sid Das Brick Distributors currently employs 1 worker whose job is to load bricks on outgoing company trucks. An average of 24 trucks per 8 hour shift, arrive at the loading platform, according to a Poisson distribution.
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