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A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies.Number of Boxes Price Per Box1,000 to 1,999 $1.252,000 to 4,999 $1.205,000 to 9,999 $1.1510,000 or more $1.10
Determine the following:
• a. The optimal order quantity. • b. The number of orders per year.
Boston Electric Generators has been getting many complaints from its major customer, Home Station, about the quality of its shipments of home generators
Determine the mean arrival rate and the mean service rate. Determine the probability that a customer will have an empty queue. Determine the probability that 2 customers are in the queuing system. Determine the average number of customers in the queu..
Compare and contrast the Contingency, Path-Goal, and Leader Member Exchange Theories. Describe the similarities and differences of each leadership theory.
Design a model with methods also procedures for analyzing diversity also elucidate how you would implement results in a cultural diversity training program. Illustrate what risk of stock out would result from a decision not to have any safety stock..
Compare and contrast large-scale change techniques with the traditional guiding coalition approach. What are the strengths and weaknesses of each?
Monthly demand of an inventory item follows a mean of 20 units and a variance of 4. Demand of the inventory is 12 units / month. When the inventory reaches a pre-determined level
Illustrate what is advantages of balanced scorecard approach also elucidate how is differ from traditional approach.
Promotions shall be made on the basis of qualifications, merit, and seniority. Promotions out of the bargaining unit remain management's prerogative
Develop a high-level causal-loop diagram (with main stock-flow chains for the wildshrimp catch and aquaculture production activities) depicting the key variables and feedback (balancing and reinforcing) loops that most likely are creating the system ..
The activities needed to build an experimental chemical contaminant tracking machine at Charlie Cook Corp. are listed in the following table. Construct an AON network for these activities.
Riverside oil company in eastern Kentucky produces 3 different grades of gasoline. They are regular, premium, and supreme grades. Each barrel of regular grade sells for $82 while premium grade sells for $88 per barrel and supreme grade sells for $89 ..
A regular round-trip ticket costs $400, but a 20% discount is granted if the dates of the ticket span a weekend. A one-way ticket in either direction costs 75% of the regular price. Explain how should you buy the tickets for the 5-week period.
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