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Important information about Introduction to management science
The 23,000-seat City Coliseum houses the local professional ice hockey, basketball, indoor soccer, and arena football teams as well as various trade shows, wrestling and boxing matches, tractor pulls, and circuses. Coliseum vending annually sells large quantities of softdrinks and beer in plastic cups with the name of the coliseum and the various team logos on them. The local container cup manufacturer that supplies the cups in boxes of 100 has offered coliseum management the following discount price schedule for cups.order quantity (boxes) price per box($)2,000-6,999 477,000-11,999 4312,000-19,999 4120,000 plus 38
The annual demand for cups is 2.3 million, the annual carrying cost per box of cups is $1.90, and the ordering cost is $320. Determine the optimal order quantity and total annual inventory cost.
From the e-Activity study the company you investigated and your results from the self-assessment. Propose ways to confirm that you use your power appropriately and effectively.
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Lori produces Final Exam Care Packages for resale by her sorority. She is currently working a total of 5 hours per day to produce 100 care packages.
What is the SEC? How does it impact financial decision-making? What constraints might it put on a company?
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