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A particular type of rubber is used in the production of tennis balls and the company must decide on three different suppliers. Supplier A will sell the rubbers for $1.50 per rubber and will not accept any orders fewer than 7,000. Supplier B will sell the rubbers for $1.40 each but will not consider an order for greater than 8,500 rubbers, and Supplier C will sell the rubbers for $1.35 each but will not accept an order for greater than 9,000 rubbers. Assume an order setup cost of $150 and an annual requirement of 60,000 rubbers. Assume a 20 percent annual interest rate for holding cost calculations. a. Which suppliers should be selected and what is the size of the standing order? b. What is the optimal value of the holding and setup costs for rubbers when the optimal source is used? c. If the replenishment lead time for rubbers is three months, determine the reorder point based on the on-hand level of inventory of rubbers.
As a fund-raiser, the theater club gets to run a concession stand at three baseball games in the spring.
What is meant by staggering the terms of board members? How might the staggering help with continuity?
Which of the following purposes requires a balance of informative and persuasive strategies, as well as a focus on entertaining?
As a small-business owner, you are faced with rising costs, particularly employment costs, insurance, et cetera. So, you decide to hire some friends and pay them as they work, rather than go through the expense and procedure of bringing in “actual” e..
Contrast the critical success factors (CSFs) and SWOT (i.e., strengths, weaknesses, opportunities, and threats) approaches for assessing opportunities as part of a strategic IS planning process. Under what circumstances might one of these approaches ..
Aqua guard manufactures three models of water purifiers in three separate plants at Taiwan. These plants serve the demand in Europe. All three models sell at a unit price of $100 and the holding cost is 5% of the selling price per month. The monthly ..
Ruth's Chris Steakhouse is the largest upscale steakhouse company in the United States, based on total company- and franchisee-owned restaurants.
you will study the characteristics of leaders that define their leadership style. Different leaders who you consider effective. Effective leaders in the health industry. Leadership challenges in the health industry
What is productivity bargaining? What are the difficulties in making a success of agreements on productivity?
Why is organic design more likely to be quicker and flexible in adapting to change than a mechanistic design.
What must media planners consider before they begin? What are the elements of message strategy and how does it differ from advertising (or creative) strategy?
Jake is skiing down Big Bumpy Mountain when he loses control and hits a tree stump. Suffering multiple injuries, Jake wants to sue the ski resort. What is one defence that the ski resort can use to argue they are not responsible for Jake's injuries?
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