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A manufacturing operation must periodically purchase bulk quantities of machine screws. The operation expects to consume 18,200 boxes of screws over the coming year. Each box costs $400, the annual holding cost per box is $29, and the cost of placing an order is $50 (regardless of the quantity ordered). For the following questions, use the basic economic order quantity model (without quantity discounts).
1. What is the economic order quantity?
2. Calculate the annual inventory holding costs based on the average inventory level and annual holding cost per box.
3. Calculate the annual inventory ordering costs based on the number of orders expected to be placed during the coming year.
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Assuming which a new battery has just been installed also student brings one spare, fully charged battery with him, illustrate what is probability which laptop will perform reliably during a one-hour exam.
Limited boasts which it can go from concept for a new garment to store shelf in 1,000 hours. Compare also contrast implications for supply chain design for these two retail systems.
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There is no word limit or count. Illustrate what type of functional and perceptual benefits do labelling and packaging give to consume.
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Cesar Rogo Computers, a Mississippi chain of computer hardware also software retail outlets, supplies both educational also commercial customers with memory also storage devices.
Assessment : - Operations and Information Systems, critically analyse the theory, concepts and models of operations and information management; Demonstrate an understanding of the importance of information management in international operations;
Describe four (4) strategies the government must address to sustain union membership also representation among public workers.
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