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MacPack Products orders materials from its suppliers 26 times per year, at a re-ordering cost of $350 (per order). The company's average inventory is valued at $400,000. What is Macpack's annual inventory carrying cost, assuming an ICC rate of 25%?
A. $109,000B. Cannot be determinedC. $9,100D. $100,000
Which of the following is a term for a state statute authorizing boards of corporations to take into account all stakeholders and constituencies
A time standard was set at 0.20 hour per unit based on the 50th unit produced. If the task has a 90% learning curve Illustrate what would be the expected time of the 100th, 200th also 400th unit.
Illustrate what would be the effect on system waiting time of having a second ticket taker doing nothing but validations also card punching, thereby cutting the average service time to 20 seconds.
Describe at least two actions a manager can take to protect her- or himself and the organization she or he represents from a tort lawsuit.
It is now the end of a review cycle. You are expecting a previously ordered shippment of 520 units to arrive within a week and you physcally have 493 units on hand.
Critically analyse the theory, concepts and models of operations and information management; Demonstrate an understanding of the importance of information management in international operations
Discuss the concept of a career. What are the Four Career Stages- List each one with its specific characteristics.
Articulate key aspects of operations management. Explain why operations management is important to managers in various organizational areas. Please provide specific examples.
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs of $1.60 cents per sandwich.
Write down a paper in which you develop the research strategy to find out a solution for your selected problem. Your paper must include the following items:
Steel co has received an order for exactly 125 tons of steel. Steel co wishes to minimize cost for filling order. Explain how many tons from each Alloy should be in order.
Shunt resistors are commonly used to measure current in power circuits, by producing a small voltage drop in direct proportion to the circuit current.
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