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Demand for a popular athletic shoe is nearly constant at 800 pairs per week for a regional division of a national retailer. The cost per pair is $54. It costs $72 to place an order, and annual holding costs are charged at 22% of the cost per unit. The lead time is two weeks.
a. Find the optimal order quantity.
b. What is the reorder point?
c. What is the cycle time?
d. What is the total annual cost?
Why would subcontractors for a government project want their activities on the critical path? Under what conditions would they try to avoid being on the critical path?
For this Discussion, consider why there are more violent male offenders than violent female offenders. In addition, consider any social, environmental, psychological, and/or biological factors that may contribute to the lower rate of violent female o..
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A new cardiac catheterization lab was constructed at Have a Heart Hospital. The investment for the lab was $950,000 in equipment costs and $50,000 in renovation costs. The annual fixed cost for the catheterization lab is $2,000,000 and the variable c..
Write a research-focused report that investigates and discusses how the principles, theory, processes and tools of Lean Production Delivery Systems (LPDS) can be applied to current project management practices.
Characterize the following organizations on the basis of their degree of formalization, centralization, and complexity: The university you are attending. The federal government
q 1which of the following are not true?a. delay in a critical activity does not necessarily mean a delay in the overall
illustrate what types of personnel security efforts does your worker use to enhance security at your organization.
General Electric (GE) is widely recognized for its leadership talent and its succession management system. One of the best examples of succession management is how GE’s former CEO Jack Welch shaped and elevated the company’s phi-losophy, practice, an..
What is product configuration? Provide an example of how this practice is used in the sale of commercial stereo equipment.
In your own words, explain the concept of just-in-time or Kanban inventory replenishment. What are the major advantages and disadvantages of this material planning method?
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