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A flower shop uses 800 clay pots per month. The pots are purchased at $2 each. Annual carrying costs are estimated at $.60 per pot per year and ordering costs are $20 per order. The manager has currently been using an order size of 1600 flower pots per order. Considering this, please answer the following questions :
- What is the number of orders per year if the manager uses the current order quantity of 1600?- What is the number of orders per year if the manager uses the Economic Order Quantity?- What is the maximum number of flower pots that are held in inventory in a given ordering cycle?
Describe a net-change system. It is usually run at the beginning of each month. The basic production plan is modified to reflect changes as they occur. It is used to authorize the execution of planned orders.
Illustrate what security breaches may cause harm to an organization or its clients. Explain why is it important to ensure a proper level of security. Illustrate what tools are available to prevent breaches.
This is a long-term, strategic decision; illustrate what factors might change in next 10 to 20 years. Elucidate how will this influence decision.
Illustrate what is the worst which can happen to the organization as a result of this particular decision. Illustrate what is the best which can happen.
M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances.
Describe the concept of the change management process within a project. Provide two specific reasons why having a structured change management
What percentage of the patients requiring trauma bays end up being sent to another hospital? How many patients are treated in the trauma bays on an average 24 hour day?
What is the current multifactor productivity? Charles Lackey operates a bakery in Idaho Falls, Idaho. Currently, the bakery has 4 employees, each one working 160 hours per month. Because of its excellent product and excellent location,
Webster Chemical's nominal weight for filling tubes of caulk is 8.00 ounces plus/minus 0.60 ounces. The target process capability ratio (Cpk) is 1.33.
Minimal-spanning tree technique and Shortest-route technique
Under which perspective of the balanced scorecard would you classify each of the following measurements?
Do you think small businesses have any opportunity to compete in a global market. Explain how can they improve their success.
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