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The pretzel corporation manufactures and distributes cheese-coated pretzels. They purchase their cheese, which come from a specific supplier in 10 kg packages, in batches of 500 kg (i.e. they currently order in lots of 50 packages at a time). This amounts to approximately an order every month, since annual demand is 600 packages. Each package costs pretzel $7, and they estimate that holding a package in inventory costs $1.75 per year. Further, they have studied their ordering process and estimate that it costs them $35 to place an order. They have been told that if they find the optimal order quantity, they could save money on annual ordering plus holding costs. the Pretzel company would like to know how much they would save per year in ordering plus holding costs if they used the EOQ rather than their current order quantity of 50 packages at a time.
A friend of yours is a biotech scientist who is developing a method of cloning certain antibodies. You have estimated that if the proceeds can be patented, it would be worth $10 million per year in royalties if licensed to major firms. You estimate t..
Transportation has played a tremendous role in shaping the economy and social structure of the United States. Outline the 10 most significant regulation and policy milestones in transportation history. Be sure to include the following
In your presentation, include a slide for each of the areas where you discuss the comparison of the two years. Also include a graphic representation to show the comparison of the numbers between the two years.
you are completing your project planning activities for the project you have been assigned to manage. the remaining
Discuss the differences in production processes. Give examples of a product that is manufactured with each production process.
Unless otherwise indicated, there is a 200 word minimum response required.
Choose any company and explain how it balances the four P's (product, price, place, and promotion) into a marketing mix that establishes a clear, successful marketing strategy for one of its products or services.
An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is Ft = 122 + 1.9t, and it was developed using data from periods 1 throug..
Grant, Inc. acquired 40% of South Company's common stock for $200,000 on January 1, 2014. In its 2014 cash flow statement, Grant, Inc. reported an operating cash inflow related to its investment in South Company of $6,800. Calculate the amount of net..
Magnatree is a large company that has been working on a new product. This product has tremendous potential, but Magnatree must move quickly. They have decided that they will introduce the product in two months and have already started developing thei..
What is a Business Plan? What is it primarily used for; it's time period ; and major sections?
Bribery has never been looked upon particularly positively in any culture or society. Ethnocentrism is similar to cultural relativism. The key difference between a bribe and a facilitation payment is a similarity of intentions and effects.
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