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Lou O’Brien manages the janitorial supplies for the Merton-Flemmer office building in downtown Chicago. The six-person janitorial staff at the building uses approximately 40 five-gallon containers of all-purpose cleanser per month. Each container costs the building $94. The current supplier of the building’s all-purpose cleanser has just informed Lou that it has changed its pricing structure. The supplier will be raising the price of the cleanser to $99 per container but will offer a discounted price of $93 each for any orders of 60 containers or more. It costs Lou $65 to place an order with the supplier, which includes the cost of shipping any quantity of the cleanser containers to the building. The supply closet for the building is relatively small; as a result, Lou is comfortable using a holding cost rate of 42% when managing the inventory of any janitorial supplies. What should Lou’s new order quantity for all-purpose cleanser be in response to this new price schedule? Justify your recommendation. What is the total annual cost of using this order quantity for the cleanser?
The owner of the Beachcomber Hair Salon in Galveston, Texas, orders bottles of professional shampoo from a local beauty care distributor.
Super K Beverage Company distributes a soft drink that has a constant annual demand rate of 4,600 cases. A 12-pack case of the soft drink costs Super K $2.25. Ordering costs are $20 per order, and inventory-holding costs are charged at 25 percent of ..
Write a 500-word essay on what you think is the most significant issue facing management today - and why. This may or may not be the same issue as the one you choose for your research case study; that is your choice.
In general, how can financial ratios be used for evaluating a company? please advice in two paragraphs. What is the purpose of leverage within an organization? What is the purpose of the income statement for financial reporting?
After examining the various methods used in career development, why is it important to integrate career development programs with other programs in organizations (i.e., performance appraisal, training, selection, and compensation)? Offer some suggest..
Compare and contrast the approaches to employee wellness at Pitney-Bowes and Johnson and Johnson. In making these comparisons, consider each of the following at both Pitney-Bowes and Johnson and Johnson
Examine the three (3) key sociological theories discussed in the chapter—structural functionalism, conflict theory, and symbolic interactionism. Discuss the key ways that these different theories define deviance and punishment in society.
Briefly discuss the design methodology (or product life cycle) as implemented in your company? Do the engineers believe in it and do they follow it? If yes, why? If not, why not? What suggestions you might have to change or improve and why?
Briefly describe. Then suggest at least two special risks and two benefits associated with Telemedicine.
Can a hotel or restaurant increase or maintain customer satisfaction after implementing its first revenue management program?
Pretend you are going to build a new system that automates or improves the interview process for a career service at a university.
What is the primary difference between ISO 9000 and ISO 14000? a. More organizations have adopted ISO 14000. b. ISO 9000 is more focused on employee compensation. c. ISO 14000 involves environmental concerns. d. ISO 9000 is used only in Europe; ISO 1..
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