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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 4,000 units. The price of each valve is $86, the inventory carrying cost is $12 per unit per year, and the ordering cost is $30 per order. What is the optimal annual cost of ordering and carrying inventory? Specify as a whole number by rounding the final result. If you are using a hand-held calculator, use at least 4 decimal digits for computations.
Coupling can be marked at a rate of 200 per day. Annual storage cost is $2 per coupling also machine cost is $70 per run. Determine economic run quantity.
Elucidate how well is project doing in terms of priorities. If one of industrial engineers assigned to your project would be available to work on project from Aug 22-27, 2008. Illustrate what would you tell him.
Discuss what categories of SWOT elements of information are readily available on Internet. Illustrate what categories of data are difficult or impossible to find out on Internet.
Analyze and evaluate the processing of new application at the CEUPU. Create a process map for new applications - Calculate the time needed to process an individual application cycle time for the process
Evaluate the pros also cons of each alternative also suggest a course of action to your CEO.
Four hospitals located in one county are cooperating to establish a centralized blood- bank facility to serve them all. On an xy coordinate grid of the county, the hospitals are found at the following locations
Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These are to be combined into workstations to create an assembly line.
Illustrate what are some of the problems AECS facing. Are they inherent in its model or they could be rectified while keeping the model intact.
How is environment scanning helpful to a manager and the organization? Distinguish between internal and external recruitments. Give examples of each. What are the benefits and drawbacks of each of the two recruitment methods?
Managers like Janis Blancero face a more complicated decision when evaluating personal requests of employees versus evaluating employees individual work performance. Explain.
Explain Non-negativity constraints - restrict the decision variables to zero. restrict the decision variables to positive values
Flextora Inc sells a product called SKU561. This is a seasonal product and only sold in the spring. Seasonal demand is normally distributed with mean 10,000 and standard deviation 1,000.
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