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José runs a mail-order business for gym equipment from his house in Dorado. Annual demand for the PuertoFlexers (the best seller) is 25,000 in the US. Assume that the year has 360 days. He sells each product for $350, earning a markup of 20%, including shipping and handling to the US. The annual holding cost per unit is $5.50 and the cost to process an order is $25. It takes ten days to completely process an order. (Write down any assumption that you have to make.) 3. What are the EOQ and Total Cost of this situation? 4. How long does a cycle time last? 5. If José has space for 565 products, can all be stored in his facilities? 6. If José expect demand to rise by 15% next year, does he has to make any arrangements?
The manager of Haines Company observes that the morale of employees in her company is low. She thinks that if their working conditions are improved, pay scales raised, and the vacation benefits made attractive, the morale will be boosted. List and la..
Compare and contrast two software tools, and discuss how these tools are applied in business analysis. What could be done to improve these tools, in your opinion?
Determine the expected number of nonconforming units that will result from a production run of 20,000 units. Assume that all previously stated conditions regarding the process remain as described during the production run of 20,000
In a brief 2-3 page analysis, identify the image you chose. Describe the meaning of the image as a whole. Then describe the meaning of the image as the first element is removed and again after the second is removed. What does this exercise show yo..
What are the chief elements of the strategy that Whole Foods Market is pursuing
Analyze the four steps of the control process and explain how each step contributes to the control function. Describe the three types of controls. How can the effectiveness of controls be assessed in an organization
Mountain States Electric Service is an electrical utility company serving several states in the Rocky Mountain Region. It is considering replacing some of its equipment at a generating substation and is attempting to decide whether it should replace ..
Paradise Adventures just paid a dividend of $2.00. They are growing rapidly and are expecting to grow dividends at 20% for the next two years and then 10% in the third year before reducing the dividends to a constant growth rate of 3%. If the require..
Determine the need for and purpose of a Gantt chart and distinguish between the pros and the cons of using a Gantt chart. Provide a rationale for your response.
Garden Variety Flower Shop uses 890 clay pots a month. The pots are purchased at $3.70 each. Annual carrying costs per pot are estimated to be 50 percent of cost, and ordering costs are $30 per order. The manager has been using an order size of 1,000..
The supervisor at the American airline check-in counter observes the following process characteristics: there are, on average, 30 customers either waiting in line or being help by an agent for check-in; the average amount of a passenger spends on che..
If you were a good friend with Brittany Miller, what recommendation would you give regarding whether she should accept the international assignment that has been offered to her? What issues she should focus on in making such a decision?
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