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Joe Henry's machine shop uses 2530 brackets during the course of a year. these brackets are purchased from a supplier 90 miles away. The following information is known about the brackets:
Annual demand 2530
Holding cost per bracket per year $1.55
Order cost per order$18.25
lead time 2 days
working days per year 250
What is the average inventory if the EOQ is used?
What would be the annual inventory holding cost?
Analysis of the industry in which the firm is operating. The industry analysis should include the structure of the industry in which the company is operating, trends, outlook, and concentration. The use of a strategic group map could be helpful in..
What source screening activities are available to a supply manager for critical procurements? Describe each one.
In the Delphi technique method a panel of individuals internal and external provide feedback, the individuals may not know who is on the panel with them as they never meet in person.
Mid-State BankCorp recently declared a 7-for-2 stock split. Prior to the split, the stock sold for $80 per share. If the firm's total market value is unchanged by the split.
Describe the Six Sigma approach to quality, including the five steps in the process. How does Six Sigma approach to quality differ from the total quality management approach?
the ordering cost can be cut to $4.00, illustrate what will be the new economic order quantity, order frequency and Yearly inventory management cost.
Discuss key decisions a company must make as a product moves through its life cycle.
Pretentious the addition of one more clerk, illustrate what is the maximum number of applications the process can handle. Explain how would you suggest modifying the process in order to accommodate 120 applications per hour.
The local convenience store makes bread. Currently, their oven can produce 50 pieces of bread per hour. It has a fiixed cost of $2,000, and a variable cost of $0.25 per bread.
Discuss the issues in management development that are "nice to address" and which are "must address" issues. Justify your response.
Provide any additional recommendations regarding needed changes to Google's approach to competitive advantage and corporate strategy.
A company has started a phone service that uses overseas doctors to provide emergency medical consultations. The responding doctors are based in a country with low wages but with a highly skilled pool of physicians.
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