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A grocery store carries a particular brand of coffee that has the following characteristics:
Sales = 8 cases per week
Ordering cost = $10 per order
Carrying charge = 20 % per year
Item cost = $80 per case
a. How many cases should be ordered at a time?
b. How often will coffee be ordered?
c. What is the annual cost of ordering and carrying coffee?
d. What factors might cause the company to order a larger or smaller amount than the EOQ?
What is the standard deviation of demand during replenishment of blue diamond if the standard deviations of demand per period and lead time are 1.2 and 1.5 respectively.
Production hall was not cleaned and it was leaving a very bad effect on the health conditions of workers, resultantly, they were unable to work efficiently and effectively.
Draw an organizational chart of the business school or college that you attend. Outline its major roles and functions. How differentiated is it?
Thirty-five samples of size 7 each were taken from a fertilizer bag filling machine. The results were: overall mean = 57.75 kg, average range = 1.78 kg. Use 3 decimal points.
An assembly line with 7 tasks is to be balanced. The longest task is 8 minutes, the shortest task is 2 minutes, and the sum of the task times is 53 minutes. The line will operate for 6 hours per shift, 1 shifts per day, 6 days per week.
Who in the organization needs to be involved in designing and implementing a MRP system?
Can management or organizational culture actually cause a mishap? Again, how would an investigator actually prove that a certain culture was causation in the accident?
Discuss the differences of the two approaches. Finally, discuss the conditions or contexts of when it would be appropriate to use each approach.
Select a film or book, fiction or non-fiction, or a current news story. Identify and discuss one or more ethical conflicts the story presents with reference to the moral theories.
If you work for a food and beverage MNC seeking a partnership opportunity, what are the strategies you might use? Provide reasons to support your choices.
Use the notes feature to incorporate any relevant material not included on the slides. Ensure correct spelling, grammar, and professional vocabulary.
Demand for hairdresser is much higher over the weekend, when people are not at work. What revenue management techniques can be used by such a business?
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