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Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying cost per pot are estimated to be 30 percent of the cost and ordering costs are $20 per order. The manager has been using an order size of 1500 flower pots.
a. What additional annual cost is the shop incurring by staying with this order size?
b. Other than cost savings, what benefit would using the optimal order quantity yield?
Please explain when answered so I can understand it.
Charlie Cook (see question 1 above) was able to decide the activity times for constructing his chemical contaminant tracking machine. Identify the activities on the critical path.
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Your company makes all the bobble head dolls for Major League Baseball. The doll making procedure is the same for all bobble heads, they are then sent to the painter to make each bubble head match the look of a specific player
Illustrate what is the difference between the two. Explain how would you resolve this dilemma if you were Jack or Jenny.
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