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Given the following data for a particular inventory item: Usage 500 units/week Ordering $40 per order Carrying Cost $.01 per unit per week Lead Time 3 weeks Price $.50 per unit a. What is the economic order quantity for this item? b. For the economic order quantity, what is the length of an order cycle? c. For the economic order quantity, what is the reorder point? d. For the economic order quantity, what is the average inventory level? e. For the economic order quantity, what are average weekly ordering costs? f. For the economic order quantity, what are average weekly carrying costs? g. For the economic order quantity, what are average weekly total costs, including the cost of the inventory item?
What factors are most significant to you in determining the research design? Why do some researchers change their hypotheses after selecting the theoretical framework?
Harbor Dunes Golf Course was recently honored as one of the top public golf courses in South Carolina. The course is situated on land that was once a rice plantation, offers some of the best views of saltwater marshes available in the Carolinas.
produced free of a particular defect and passed inspection. Based upon Six-Sigma theory, explain how you would rate this performance, other things being equal.
A key issue in international labor relations is the degree to which organized labor can limit a firm's ability to pursue a global or a transnational strategy
Discuss the project environment and illustrate what adjustments would desire to be made if the project was conducted in the United States versus this country.
What aspects of HRM are you using, or have used, in your current or former jobs? If you do not have experience with HRM, does a career in Human Resource Management.
You have been asked to evaluate whether a companys pay structure is fair to women and minorities.
Phelps Petroleum Company must decide between two methods of processing oil at a refinery. Method 1 has fixed costs of $22000 for depreciation
Illustrate what are some of the possible explanations for not finding any causes. Illustrate what should the manager do.
Multiple regression analysis based on the assumptions of linearity and normality.
The local convenience store makes personal pan pizzas. Currently, their oven can produce 50 pizzas per hour. It has a fiixed cost of $2,000, and a variable cost of $0.25 per pizza.
Over last year 1,400 injections were administered at a clinic. In five of these instances, incorrect dose was given. Illustrate what is epmo metric also illustrate what six sigma level does it correspond to.
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