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Cress Electronic Products manufactures components used in the automotive industry. Cress purchases parts for use in its manufacturing operation from a variety of different suppliers. One particular supplier provides a part where the assumptions of the EOQ model are realistic. The annual demand is 4300 units, the ordering cost is $70 per order, and the annual holding cost rate is 25%. If the cost of the part is $19 per unit, what is the economic order quantity? When required, round your answer to the nearest whole number. Q* = Assume 250 days of operation per year. If the lead time for an order is 10 days, what is the reorder point? When required, round your answer to the nearest whole number. r = If the lead time for the part is six weeks (30 days), what is the reorder point? When required, round your answer to the nearest whole number. r = What is the reorder point for part (c) if the reorder point is expressed in terms of the inventory on hand rather than the inventory position? When required, round your answer to the nearest whole number. On hand reorder point will be.
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
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