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Company A uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. Company A uses 800 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $50 per order. The cost schedule of 2 suppliers are as follows: VENDOR 1 VENDOR 2 QUANTITY PRICE/LB QUANTITY PRICE/LB 1-499 $17.00 1-399 $17.10 500-999 16.75 400-799 19.85 1000 + 16.50 800-1,199 16.60 1200 + 16.25 a) What is the economic order quantity for each supplier? b) What quantity should be ordered, and which supplier should be used? c) what is the total cost for the most economic order size? d) what factor(s) should be considered besides total cost?
how many pounds of each chemical ingredient to put into a bag of fertilizer to meet minimum requirements of 20 ounces of nitrogen, 36 ounces of phosphate also 2 ounces of potassium while minimizing cost.
Which strategic training and development initiatives do you think all companies should support regardless of economic conditions? Why?
Models of the AS IS Process and the TO BE Process. In the textbook, on pages 63-67, several different methods of modeling business processes are illustrated.
Compute the average demo for each of the three categories of medication errors. To illustrate what sigma levels do these values correspond.
Managers faced with ethical choices have a number of approaches that they may use to guide their decision making. Discuss the various approaches to ethical decision making, providing examples to help explain your answer.
many businesses operate and compete in a global environment. Describe the additional factors that affect/impact global supply chains.
The meat is purchased on Monday at $2.00 per pound also the shop sells the steak for $3.00 per pound. Any steak left over at the end of the week is sold to a local zoo for $0.50 per pound.
Truckco manufactures two types of trucks, types 1 and 2. Each truck must go through the painting shop and the assembly shop. If the painting shop were completely devoted to painting type 1 trucks,
Does Peter needs to worry about campaign selling. Do they need to worry about not being perceived as the market leader in new service offerings. Illustrate what would you recommend that Dickie also Varasano do.
What are the driving forces and key success factors for your case study company?
Elucidate how many immediate parents (one level above) does item I have. Elucidate how many immediate parents does item E have. Elucidate how man unique components does product A have at all levels. Which of components are purchased items.
Explain the concept of continuous learning to include an understanding of the work systems, relationship among jobs, their work units and the organization as it is currently designed.
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