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A company must decide on the type of equipment to buy in order to manufacture a new product line. The company can purchase an all-purpose machine, with fixed costs amounting to $20,000 per year, and it will cost $40 / unit to produce the new line on this machine. It can also buy a special-purpose machine, with fixed costs of $50,000 per year, and the per unit cost on this machine is $30
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.
An auto-rental agency has two employees at its service counter. Customers arrive at an average rate of 18 per hour. The service times mean a service rate of 15 customers per hour. The coefficients of variation of the inter-arrival times and the servi..
sources must be cited in apa format. your response should be a minimum of one 1 single-spaced page to a maximum of two
If the replenishment lead time in 10.6 months, what is the re-order level based on the on-hand inventory?
a firm is considering a new project whose risk is greater than the risk of the firms average project based on all
Which of the following forecasting methods gives a responsive forecast?
Describe “reciprocal obligation” as an ethical source of the right to privacy.
Use the internet to conduct research on popular simulation modeling software applications. Find two applications to compare by examining the costs, features, and training requirements.
Provide your rationale as to whether or not the use of data analytics has helped the company accomplish its goals. Describe the challenges the company may have faced by choosing to utilize business analytics that the other company did not face.
How much safety inventory does the store carry? What service level does Sam's club achieve as a result of this policy?
determine which of the planning opportunities could be beneficial in a corporate and independent business setting. In detail, convey why or why not? Using the text for this class, describe the pros and cons in business law regarding capital gains...
Is it better to minimize the cost of the inventory with a method like EOQ or to order only to meet demand? Why?
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