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A service garage uses 120 boxes of cleaning cloths per year. The boxes cost $6/each. Ordering costs are $3/order. Holding cost is 10% of the purchase price per unit per year. What is the total cost (TC) to the garage for purchsing this item annually (2 decimal places)? Use EOQ rounded to the nearest whole number.
Assume that Product Z is made of two units of A and four units of B. A is made of three units of C and three of D. D is made of three units of E. Lead times for purchase or fabrication of each unit to final assembly are: Z takes two weeks; A, B, C, a..
How can the project baseline and the earned value approach for variance analysis be used to monitor and report project progress?
What is the relationship between creativity, intrapreneurship, and innovation? Why are these elements vital to building a knowledge creating organization?
Verification by the buyer of whether the products, services, or deliverables provided by the seller meets the buyer’s acceptance criteria occurs at what point in the Project Procurement Management process?
Explain how the debt capacity of the governmental entity is determined. Evaluate the effect of refunding or reorganizing existing debt obligations.
Explain why have OSHA's ergonomic requirements been a source of controversy. Illustrate what position do you think OSHA should take on ergonomics.
Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units, a cost per order of $80 and a holding cost per unit per year of $4?
Weekly demand for electric motors at a Japanese motor manufacturer is normally distributed, with a mean of 1,000 and a standard deviation of 1,000. Motors are currently assembled in China and delivered at a cost of 20,000 yen/motor. The motor manufac..
What are some principles and processes of setting executive compensation that you feel are important? Who are the key players? What are some theoretical explanations for setting executive compensation?
What outcomes should the hospital collect to determine how well their Leading Edge training program worked? What level(s) of evaluation should be used?
Both quantitative and qualitative criteria matter when assessing the effectiveness of a company’s strategy. In what ways does qualitative analysis enhance quantitative analysis?
“Listen, elasticity is important,” said the director of the aquarium, “but we borrowed $21.6 million (for 20 years, other fixed costs are $10,000 per month; total fixed costs per month are $100,000) to build the aquarium last year. Furthermore, ther..
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