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Sarah needs to purchase organic Palm oil to make her soaps. She needs 1,000 kgs of Palm oil per day on average. The supplier charges a $60 delivery fee per order (which is independent of the order size) and $4.75 per kg. Sarah's annual holding cost is 25%. Assume 52 weeks per year and 5 days per week. If Sarah wants to minimize inventory holding and ordering costs, how much Palm oil should she purchase with each order (in kgs)?
Consider the product/service you are developing for your course project and the information in your readings on pricing. Choose one or more of the six price-setting methods your textbook discusses (markup pricing, target-return pricing, perceived-val..
If you were CEO of Marriott, how would you ensure that your limited sources of capital were used strategically? In a recessionary economy, would you invest in existing property upkeep and improvement or would you build new hotels?
For students not wanting a traditional major in marketing or accounting, for example, the college decided to create a general business major, which allowed any combination of the easiest business courses to comprise the program. The competitive prior..
Suppose that the exchange rate adjusts so that interest-rate parity holds. suppose also that the interest rate on a one-year German bond is 7% and the interest rate on a one-year U.S. bond is 4%.
generate ideas about how you can move toward making the leadership team more independent. what would you have to see
Some unique technologies have evolved from needs within the logistics community. Two of these, RFID and simulation, have impacted not just processes within logistics, but also how business is conducted in general. Pick one of the above technologies a..
An automatic lathe produces rollers for roller bearings, and the process is monitored by statistical process control charts. The central line of the chart for the sample means is set at 8.40 and for the mean range at 025 mm. The process is in control..
Courts have almost always allowed companies to make employment decisions based on economics. For instance, even companies making money can lay off employees if it can be proven that the primary reason for so doing was economic (and as long as there i..
Myth or Facts of Organizational Viewpoints Respond to ONE of the following statements: Men are stronger leaders than women during organizational crises
American Capitalism. Is a large discrepancy between executive pay and that of the average worker unfair to the worker? Is it unfair to increase a CEO's compensation at the same time that he or she downsizes
Individual Research Reports. Each of you will be expected to investigate a current Leadership problem facing organizations today.
A hiring manager may get hundreds or even thousands of generic résumés in response to an advertised job opening. A customized resume that includes a “summary of qualifications” ensures that your most impressive qualifications are not overlooked by a ..
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