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An appliance manufacture has a plant near Toronto that receives small electric motors from a manufacturer located in Winnipeg. The demand for the motors is 120,000 units per year. The cost of each motor is $120. The motors are purchased in lots of 3,000 units. The ownership of motor transfers to the appliance manufacture in Winnipeg. The question is which mode of transportation, truck or train, the appliance manufacture should use to bring the motors from Winnipeg to Toronto. The railroad company charges $2 per motor, and it takes approximately seven days by train. The trucking company charges $4 per motor, but it takes only three days. The appliance manufacturer will keep 1,000 units as safety stock if a truck is used and 3,000 units as safety stock if a train is used for transportation. If the holding cost rate is 25 percent of unit cost per uear, which mode of transportation will minimize total transportation and in-transit and safety holding cost?
What are some of the assumptions that you have about people and work? For example, what do you think motivates people? Why do you think people leave or stay in a job? What makes a manager a good manager?
most people assume that a police officer should behave in a lawful manner refrain from demonstrating favoritism to any
If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development?
You are at your desk at work when a co worker excitedly comes to your desk and shows you the scenario analysis that he has just completed for a potential new project. All three scenarios show a positive NPV. What is the risk of assuming he is correc..
Comparing Tactical and Strategic Decisions. During this simulation, you have been making tactical and strategic decisions. Keeping these in mind, address the following questions
Assume that a plant operates 2000 hours per year and the demand rate for parts is 100,000 units per year. The circulation time for each Kanban container is 24 hours.
What are the strengths and weaknesses of both qualitative and quantitative approaches to assessing risk at the project planning stage? Give examples of when each may be more or less appropriate and consider the implications of both approaches.
They have decided to build a new distribution warehouse in the state of New York to help serve the growing demand in that market
The two enterprises are Apple Inc. and Samsung Electronics Company, Ltd, multinational makers of information and telecommunications technology products. Samsung is the current world leader in smartphone sales, while Apple is #1 in tablet computer ..
A car rental agency uses 96 boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples, and carrying costs are $0.80 per box on an annual basis
What was the problem with the mentality of admiring heroic rescues of projects in trouble. What are the similarities or differences between the skills sought for project managers among business communication system's leadership continuity plan wit..
What are the distinctions among procedural, interactional, and distributive justice? List ways in which you could increase each of these justice perceptions.
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