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The annual demand for an item is 2400 units. The inventory holding cost is $ 6.00 per unit per year. The demand is continuous and constant, that is, 200 units/month. The item is purchased in two lots. The size of the first lot is 1600 units and the size of the second lot is 800 units. Find the total annual cost of holding inventory.
Over illustrate what range of demand would manual process be preferred over mechanized process. Over illustrate what range of demand would mechanized process be preferred over manual process.
Explain however, two had no agreement regarding distribution of barn also Deere unit. Jones sues Smith, claiming he is entitled to one-half of value of two buildings. Is Jones entitled to one-half of value of two buildings? Explain.
Explain how many rooms the hotel must rent to achieve a net income of $720,000 after taxes. Explain how many rooms to achieve a net income of $360,000 after tax.
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
Illustrate what are determining factors that may lead to a decision to proceed with outsourcing. A gift shop sells 1000 boxes of scented candles a year.
Define the decision variables and write the linear program appropriate for maximizing monthly profit contribution. What is the optimal solution?
Elucidate how much of a leading edge do you think which organisations using these tools also techniques in an integrated manner might gain from point of view of corporate performance.
The Electrotech Corporation manufactures two industrial-sized electrical devices: generators also alternators. Both of these products need wiring also testing during the assembly process. Conclude the optimal solution to this problem utilizing leve..
Resolve part A if the rates are Y4 from odd to even departments, Y5 from even to odd, Y6 from odd to odd and Y7 from even to even. find the best layout and its cost based on distances.
If the vendor is willing to offer a discount of $10 per order for ordering multiples of 50 units (e.g. 50, 100, 150), would you advise the manager to take advantage of the offer in either period?.If so, illustrate what order size would you recomme..
Explain how accurate was the demand forecast for the first quarter of 2005. Focus on the PVB 12-720 product. Explain how to apply the appropriate operations tools to aid in decision-making also optimize performance.
Businesses are advised to price products according to the value the products provide the customer. but rarely do business customers come right out and tell a selling firm
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