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Q. A produce distributor uses 770 packing crates a month which it purchases at a cost of $10 each. Manager has assigned an annual carrying cost of 35 percent of purchase price per crate. Ordering costs are $28. Currently manager orders once a month. Explain how much could industry save annually in ordering and carrying costs by using EOQ?
Illustrates what are the components of procedural rationality and explain the general findings from research and best practices.
Elucidate what is the average cost per unit if the work force is maintained at a level so which overtime can be used to the maximum of 25% of regular hours during the peak period in period 5.
Determine which elements of administrative law will be most relevant to the upcoming initiative (s) and what the impact of those laws will be.
What should a firm do to promote voice in organizations, and why is this important in promoting organizational justice?
The researcher select four different detergents based on several properties also conducted a series of experiments at 3 different water temperatures. Cleanliness was quantified using a construct measure. The code data is shown in the subsequent ta..
Management wants each employee to learn several jobs so that the production group can be more flexible. Describe one type of reward system that would best motivate employees to learn several jobs and identify a potential disadvantage of this rewar..
Corporation B's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. Which option would have the highest productivity in terms of revenue per dollar of input.
Based first on your analysis of survey data and n on your analysis of crossover charts, give a justification for each location. Give a complete list of reasons for not selecting each of 3 sites. Prepare a crossover chart based on information given.
Determine the economic order quantity, the reorder point, total annual cost using the EOQ, if cost per tire is $35.00, holding cost is 20% of tire cost per year, demand is 1000 per year ordering cost is $20.00.
You have to select a organization of your choice, and after that you have to write down an Operational Plan which addresses the following
Illustrate the linear programming model with its decision variables and its constraints. Use the computer solution generated by Excel (Solve) to see which team works with which project. Provide the Excel file.
Of 3 options which do you feel is best. I think TQM covers a wide range. It practically encompasses both Lean also Six Sigma however Lean also Six Sigma are more detail oriented. Explicate what do you understand
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