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Q. Rocky Mountain Tire Center sells 15,000 go-cart tires per year. The ordering cost for each order is $50 and the holding cost is 15% of the purchase price of the tires per year. The purchase price is $18 per tire if fewer than 500 tires are ordered, $17 per tire if 500 or more-but fewer than 1,500-tires are ordered and $16 per tire if 1,500 or more tires are ordered.
Explain how many tires should Rocky Mountain order each time it places an order? Illustrate what is the total cost of this policy? Justify your answer and explain how calculations.
A company produces two products which are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly line 2 has 42 hours. Propose linear programming model for this problem.
Identify individuals within the buying organization who fulfil the different roles of the buying center. Identify as many for every role as possible, doing research where necessary.
Due to variations in processing times due to the size and length of the bracelets, it has been decided to keep 25 percent of the needed inventory as safety stock. Explain how many kanbans card sets are needed.
Show the three options given above. Include in your discussion the issues involved and the advantages and disadvantages of each. Which do you consider would be the most beneficial to Eastrex and DSV?
Due to the physical separation of these 2 steps, an additional delay of 0.5 days is allowed for transportation. If daily demand = 13 units, Elucidate what is the production. Lead Time between Steps 1 also 2.
The Jane Deere Company manufactures tractors in Provo, Utah. Jeremiah Goldstein, the production planner, is scheduling tractor production for the next three months.
Evaluate the idea of supplying generic printers to the Europe DC and integrating the product by packaging the power supply and the instruction manual at the DC just prior to delivery to the European resellers.
Describe how they have evolved over time. Include references to the moral philosophy or social issues which affect your approach to the development of this Code of Ethics.
A certain farming organization operates three farms of the comparable productivity. The output of each farm is limited both by usable acreage and by amount of water available for irrigation.
Let's say your market research firm is hired to assist retail store that is interested in revamping their overall store format in an effort to keep people in their store longer.
Discuss the use of PERT/CPM techniques for managing projects. Describe what PERT/CPM does. Discuss advantages and disadvantages of using it.
Describe how would you respond to the criticism which EOQ models tend to give misleading results because value of D, S also H are, at best, educated guesses.
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