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an item sells for $25 a unit, but a 10% discount is offered for lots of 150 units or more. A company uses this item as the rate of 20 units per day. The setup cost for ordering a lot is $50, and the holding cost per unit per day is $.30. The lead time is 12 days. SHould the company take advantage of the discount?
a) Calculate the EOQ for the workbooks. b) What are the annual holding costs for the workbooks? c) What are the annual ordering costs?
Should producers of software-based services, such as ATM's, be held liable for economic injuries suffered when their systems fail?
What is the difference between risk and uncertainty?
prepare a graph that shows total weekly cost for each plan versus daytime call minutes if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?
Quantitative Analysis for decision making class
Explain the relationship of the human resources department to the rest of the organization, especially the "line" departments or patient care functions.
Design a reorder point control system for this part, given the assigned P. How would you state the inventory control policy f the ROP>Q*?
The customers complained to the Federal Trade Commission. Can the FTC prohibit the use of this commercial? Discuss why or why not.
Illustrate what percentage of parts will not meet weight specifications. Within illustrate what values will 95.44 percent pf sample means of process fall, if samples of n=16 are taken also process is in control (random).
United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 5,000 hours to complete and cost $50,000 in materials and equipment usage.
You have been retained by a manufacturer of main appliances to investigate the probable color preferences of stoves and refrigerators in coming year. What is the purpose of research?
Finding solutions to problems is affected by how one frames the problem. In other words, what one thinks is wrong will influence what one believes the available solution(s) to be.
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