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Clement Bait & Tackle has been buying a chemical water conditioner for its bait (to help keep its baitfish alive) in an optimal fashion using EOQ analysis. The supplier has now offered Clement a discount of $0.50 off all units if the firm will make its purchases quarterly. Current data for the problem are: D=1800 units per year; S = $6.00, I = 15% per year; P = $25.a. What is the EOQ at the current behavior?b. What is the annual total cost of continuing their current EOQ-based behavior?c. What is the annual total cost, if they accept the proposed discount?d. At the cheaper of the two total costs, are carrying costs equal to ordering costs and should they accept the offer? Explain.
What is the linear programming model for this problem? What are the boundary points of the feasible region?
What problems associated with planned change should the OD practitioner be aware of? How might such problems be overcome?
What transaction costs are incurred by these outsourcing arrangements and why do they arise? What are the offsetting benefits from IT outsourcing?
A company produces six products in the following fashion. Each unit of raw material purchased yields four units of product 1, two units of product 2,
Predetermined Overhead Rate, Application of Overhead to Jobs, Job Cost On April 1, Sangvikar Company had the following balances in its inventory accounts.
Design specifications for a bottled product are that it should contain 350-363 milliliters. Sample data indicate that the bottles contain an average of 355 milliliters,
Using the information provided, determine the optimal number of clerks to have on duty each Saturday in order to minimize the store's total expected cost.
An HMO has a Point of Service (POS) option for its members, but will pay only 80 percent of approved charges. If a member goes out of network for a medical procedure with a charge of $2,000, of which $1,200 is approved, how much must the member pa..
Propose one specific example of each type of strategy that you are considering and present your rationale (reasoning) for your strategy selections
Be specific and support your response with evidence from the readings or other materials. Please be sure to use APA format for citing your source(s).
Nielsen ratings are very important to both advertisers and television programmers because the cost of television advertising time is based on this rating.
Discuss if states should have the ability to work with one another when a cyber-crime is carried out across state lines.
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