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Wang Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Wang is $400. Carrying cost is estimated to be 18% of the unit costs, and the ordering is $27 per order. If Ping Wang, the owner, orders in quantities of 300 or more, he can get a 5% discount on the cost of the detectors. Should Wang take the quantity discount?
What is the EOQ without the discount?
A call center employs 960 agents. Every month 60 employees leave the company and 60 new employees are hired. a. How long on average does an agent work for this call center?
Discuss the Chaos Theory (Be sure to read the lectures concerning this theory, as well as go through the additional links) in relation to the health care system today.
How many boxes of each type should the company produce each week in order to maximize their profits? What is the maximum profit?
Since there is excess capacity, the constraint is in the market. TOC supports the use of the Thinking Processes (TP) to determine how to better meet customer needs in order to increase demand. (Please see the TOC Tips from chapter 2 of this manual..
A principal hired a mortgage banking firm to obtain a loan commitment of $10,000,000 from an insurance company for the construction of a shopping center. The firm was promised a fee of $50,000 for obtaining the commitment. The principal then refused ..
What is the mean time in hours that a customer spends in the system and What is the mean utilization percentage of the call center employee answering the phones (the server in this system)?
The case describes how quality, speed, dependability, flexibility and cost impact on the hotel's external customers. Explain how each of these performance objectives might have internal benefits.
In your opinion, how does the visioning phase of the Bombardier ERP project impact the rest of the project? What are the advantages and disadvantages of a phased system roll-out for Bombardier?
A customer has recently tightened the specs for a part your company supplies. The specs are now much tighter than the machine being used for the job is capable of. Briefly identify alternatives you might consider to resolve this problem.
Tina Melkonian’s bakery prepares all its cakes between 4 a. m. and 6 a. m. so they will be fresh when customers arrive. Day- old cakes are virtually always sold, but at a 50% discount off the regular $ 10 price. The cost of baking a cake is $ 6, and ..
Using guidelines found in the moodle, complete a proposal requesting approval and funding for a new project or product.
Can you identify and reduce the likelihood of barriers interfering with the communication. Give examples. Use at least one resource to support your key points. Respond to at least two of your fellow students' posts with your response to some of th..
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