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You have recently been hired as a purchasing coordinator. Your primary product has an annual demand of 3,000 units, and you sell the product for $100 per unit. Before you arrived shortages (or backorders) were not allowed, but management would like to see how inventory decisions would change if shortages were allowed. They are assuming that they can offer a 15% discount to any customer who has a backorder to prevent them from purchasing the product elsewhere. Your company purchases the product from a wholesaler, and it costs $40 to process the order, and the annual holding cost is $2 per unit per year.
If shortages are allowed, how many units should be ordered each time that an order is placed?
An order should be placed when the total number of backorders sums to what?
Discuss why legal disputes cannot be resolved by simply referring to relevant laws. Identify and describe one (1) legal conflict associated with Electronic Commerce that has not yet been resolved.
A telephone customer service center wants to ensure that the majority of customer calls are answered within a reasonable amount of wait time. Based on customer feedback, the company has determined that this wait time is between 10 and 45 seconds
Image text transcribed for accessibility: In a call center, the waiting time for a customer is normally distributed with an average of 65 seconds and a variance of 25 seconds.
Which of these represent a pollution prevention strategy in an organization? Automation of manufacturing facility, Transforming business from manufacturing to service operations, Changing the materials used or redesigning how operations are bid out, ..
Which of the following cognitive biases occurs when decision makers commit even more resources if they receive feedback that the project is failing?
Who benefits most from collaborative supply chain relationships? Explain your answer
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How are Hypothesis Development and Theoretical Framework employed in Healthcare? How does the Measurement of Variables (Operation Definition) play a role in Healthcare Field.
Which is NOT considered as a long-term value? persistence search for truth ordering relationships sense of shame thrift.
The vice president of manufacturing of your company, June Seymour, has asked you to send her an email that lists the key elements of a total quality management approach and outlines the benefits and risks of adopting a TQM approach for the company. C..
Do performance evaluations improvement performance? Explain what improves employee performance and motivation. Share an example.
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