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A shop that makes candles offers a scented candle, which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day. The shop operates 20 days a month. Assume that demand is uniform throughout the month. Setup cost is $60 for a run, and holding cost is $2 per box on a monthly basis. Assume usage rate of 10 boxes per day. Find: a- The optimal production order quantity b- The average monthly cost of the inventory. c- The number of days in a run and days between runs.
Define departmental processes, enterprise processes, and inter-enterprise processes. Describe their characteristics.
What are the two primary reasons for pursuing a global procurement strategy? As a logistics manager, list at least three actions you would take to reduce the vulnerability of your supply chain to terrorist actions.
How does a CMO view Products/Brands? In your answer include the topics of "product/brand loyalty," "product/brand equity," and "leveraging products/brands" to build competitive marketing advantage.
What are the key factors that the owner should investigate before making a final decision? What trade-offs would there be in opening one additional site versus opening several additional sites?
The Interstate Commerce Commission (ICC) is usually described as:
Where are the weak points in your perspective and understanding and where are the weak points in your organization? How are these weak points linked to the common fallacies in organizational diagnosis?
How can your company apply operations management (OM)? Discuss 2 examples of how OM is used to improve the efficiency and effectiveness of business operations.
Calculate the financial ratios (show your calculations) for the company using Yahoo!®Finance to locate its two most recent annual financial statements. Be careful not to use quarterly information. Include the ratios for both years.
From an organization/firm perspective, why are talent management, leadership, and change/renewal so critical in today's world?
Discuss "nationalization versus bankruptcy" for large American icon firms such as General Motors, AIG and Citigroup.
a grocery store carries a particular brand of coffee that has the following characteristicssales 8 cases per
What are the likely motivations of the first group and what probably incites the nationalist groups to oppose headscarves?
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