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Mike Brauer uses 4,000 per year of a certain subassembly that has an annual holding cost of $0.10 per unit. Each order placed costs Mike $2.00. Mike Operates 200 dates per year and has found that an order must be placed with his supplier 3 working days before he can reveive that order. For this subassembly, find (a) the economic order quantity. (b) the average inventory level. (c) the optimal number of orders per year. (d) the optimal number of days between 2 orders. (e) the total annual cost (carrying cost + ordering cost). (f) the reorder point
Your company has offered you a full expatriate package to relocate to the overseas operation of your firm. What are a few of the issues you should consider before accepting this lucrative offer?
Analysis of the industry in which the firm is operating. The industry analysis should include the structure of the industry in which the company is operating, trends, outlook, and concentration. The use of a strategic group map could be helpful in..
Pick a country other than the United States. Research the age of capacity in that country at which a person is old enough to enter into a legally binding contract.
What does the text mean when it refers to these two events? Why is it important for operations to understand how these two forces play together
Using the data of question 9, suppose the manufacturer has an inflated demand forecast as follows: Quantity Probability 2,200 5% 2,300 6% 2,400 10% 2,500 17% 2,600 30% 2,700 17% 2,800 12% 2,900 3% (a) Suppose the manufacturer is make-to-order (timing..
To control monitoring and reduce risk with process control software Automate compliance, control monitoring, and internal control management across your enterprise - no matter your industry or company size. Our process control software can help you i..
Groups that arise out of the direct actions or structuring of an organization, are intentionally established, recognized, and/or sanctioned by the organization are called
How does utilitarianism contradict the fundamental ethical principle: the end does not justify the means?
You have been asked to design a diversity training program for incoming freshman at your school. Using Kirkpatrick model discussed in chapter 8, give one example of each of the four types of data for evaluation that you would use to evaluate either y..
Read What's Driving Porsche? and History of Porsche AG - FundingUniverse. From the perspective of an executive with the firm, prepare a strategic plan to grow the business over the next three years.
Please answer the following question in at least two paragraphs: Why do you think many people are so frightened by globalization? Based on what is occurring in the world today, do you expect the globalization backlash to grow stronger or weaker over ..
SWOT analysis of the first automobile (steam-powered engine) by Nicolas-Joseph Cugnot. Please help. Possible threats if possible? I figured out most of the others.
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