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Assume that company XYZ sells metal racks. The company estimates that the demand for metal racks is approximately 20 units per week. The unit cost of the racks is $350, but the metalworking shop charges a fixed cost of 8500 per order to cover the cost of setup for the XYZ's order. The XYZ company estimates that the cost of carrying one dollar worth of item over one year is $0.1. Given above
Please plot (using Excel) the total fixed order costs, total inventory' carrying costs and total relevant costs {i.e., the sum of total fixed costs and total inventory carrying costs) as a function of replenishment order quantity. And indicate the minimum of the total relevant cost function and the replenishment quantity corresponding to that minimum cost.
Use the EOQ formula and find optimal replenishment quantity to verify your results in part a.
The case of Copenhaver v. Berryman - Berryman owned an apartment complex. He signed a 5-year contract with Copenhaver to have Copenhaver install laundry equipment for the tenants in the complex to use - Copenhaver owned the equipment and would servic..
Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 170 units per month (Cost per Unit = $30 ).
Suppose a hospital writes checks of $100,000 per day and it takes, on average, 7 days for those to be received and clear the banking system. Furthermore, the hospital receives $120,000 in checks daily that take 4 days to be deposited and credited. Wh..
Using the CSU Online Library, locate a peer - reviewed article that discusses research in an organization. Topic ideas include the role of research, development of research studies, integration of different types of methods, or the communication of r..
Create a set of use cases for the following system: A video store (AVS) runs a series of fairly standard video stores. Before a video can be put on the shelf, it must be catalogued and entered into the video database. Every customer must have a valid..
1 how are projects programs and project portfolios related? provide an example of each to highlight similarities and
The SEC requires companies to disclose all of the following information to prospective investors, except: a. the status of company finances b. the background of the Board of Directors c. the background of the CEO d. plans for funds collected from the..
City Bus Corporation provides school bus transportation to public schools in Lancaster County. City Bus owns 50 buses that are garaged in three different cities within the county. The firm faces competition from two larger bus companies that operate ..
Consider a real-world organization such as Walmart orKroger. (You should feel free toengage in additional research to gather relevant information to supplement this case description.)
What do you see as the main organizational problems that are likely to be associated with implementation of a transnational strategy? Explain.
How many DAWGS sweaters should the Bookstore order for the season to maximize expected profit? What is the expected profit?
Karl Murphy is preparing for a meeting with his banker. His business is finishing its fourth year of operations. In the first year, it had negative cash flows from operations. In the second and third years, cash flows from operations were positive. D..
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