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A particular raw material is available to a company at three different prices, depending on the size of the order:
(1) less than 100 pounds is $20/pound,
(2) 100 pounds to 1,000 pounds is $19/pound, and
(3) more than 1,000 pounds is $18/pound.
The cost to place an order is $40. Annual demand is 3,000 pounds. Holding (or carrying cost) is 25% of the material price.
What is the economic order quantity for the material?
Describe three public policy issues or regulations that marketers should carefully consider as they make decisions about adding or dropping products.
what we mean by disruptive innovations and give an example of such innovations? Why did the Supreme Court accept the case "Whole Woman's Health v. Hellerstedt"? Describe parental and peer influences on the development of gender typing.
Describe the business operation you are considering for the forecast and scheduling of your expansion. What type of forecasting method would be appropriate for the company and the product or service selected. Why
Briefly describe the terms operations management and supply chain.
This led to a significant rise in prices, fluctuating market conditions, and a sharp decline in investments and savings.
Contrast strategic, tactical, and operational planning, explaining the time frame associated with each type.
How does a firm’s corporate culture and organization affect its ability to engage in global competitive actions?
George Kyparisis owns a company that manufactures sailboats.
How you will manage the team in US which is culturally, politically, and economically different from your country?
How can the firm maximize its revenue?
Discuss the factors of a life cycle cost analysis (LCCA) and the importance of such an analysis, involving logistics warehousing
A process is in control and centered at nominal. Output from the process is normally distributed and the process capability index, Cp, equals 1.02.
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