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Rocky Mountain Tire Center sells 6,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 30% of the purchace price of the tires per year. The purchease price is $18 per tire if fewer than 200 tires are ordered, $16 per tire is 200 or more - but fewer than 5000 - tires are orderd and $13 per tire if 5,000 or more tires are ordered.
a. How many tires should Rocky Mountains tire order each time it time it places an order?
b. What is the total cost of this policy?
Healthy Plants Ltd. (HP) produces its premium plant food in 50-pound bags. Demand for the product is 100,000 pounds per week. HP operates fifty weeks per year and can produce 250,000 pounds per week. The setup cost is $200 and the annual holding cost..
Use the internet to research how an interviewee or a current employee might negotiate better pay and/or benefits. Consider using a search term like "negotiating pay and benefits" or "how to negotiate with your boss."
Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses
Use exponential smoothing with a smoothing constant of 0.3 to forecast the registrations at the seminar given in problem 4.10 to begin the procedure.
Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area.
Analyze the steps involved in developing a strategic plan for a company and determine which step is the most difficult to get right. Explain your rationale.
A small furniture manufacturer produces tables and chairs. Each product must go through three stages of the manufacturing process: assembly, finishing, and inspection
A worker picks up boxes from the floor and places them on a conveyor. This activity will occur every 30s. The boxes, weighing 23 lb
Discuss the statement that to manage effectively, a person must have the authority to hire subordinates, assign them to specific jobs
Based on the history of the company, why did BP get involved in so much questionable conduct? Analyze BPs efforts to improve sustainability. Do you think they are sufficient, or does the company need to do more?
Before shipping lawn mowers to dealers, an inspector attempts to start each mower and notes any that do not start on the first try. The lot size is 21 mowers
Discuss fully, the best strategic plan one of your employer's has (had) and the worst strategic plan one of your employer's has had. Do not name the organization, just use XYZ. Also, discuss what you might do differently from a manager's perspecti..
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