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A company will begin stocking remote control devices. Expected monthly demand is 900 units. The controllers will be purchased from RCD supplier offering price breaks for quantities. RCD’s price list is as follows: Quantity Range Unit Price 0 to 199 15.00 200 to 499 14.80 500 to ∞ 14.30 Given that ordering cost is $35 and annual holding cost is 0.25 of unit price per unit, provide the following results:
What is the feasible quantity?
What is the total annual ordering cost at this quantity? $
What is the total annual holding cost at this quantity? $
What is the total annual material cost at this quantity? $
What is the total annual cost at this quantity? $
What is the most economical quantity to order?
What is the savings in total annual cost at this quantity? $
The advertising firm of Yasuki & Cohn was asked to test the effectiveness of a series of six (6) full-page color advertisements that the client wanted to run in Cosmopolitan magazine leading up to the holiday season.
Suppose that the specifications for a part (in inches) are 6.00 +- 0.05, and that the Taguchi loss function is estimated to be L(x) = 6,800 (x-T)2. Determine the economic loss if x = 6.09 inches.
Advanced systems like; Artificial Intelligence, Robotics, and Expert Systems are so difficult to implement. What is the essential difference between artificial Intelligence and expert systems and give an example of each. Also do you think they will b..
Do a secondary data search and find an article about e-commerce advertising. Prepare a summary of the article. What impact does the essence of the article have on marketing? Include a copy of the article.
Throughout its existence, Saturn has never turned a profit for General Motors. Research the history of Saturn and GM’s decision to continue funding it (although GM has now decided to close down the auto maker). Why hadn’t Saturn made a profit? Was es..
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.
Determine how many instructors Ryder needs to employ. Give preference to Saturday and Sunday off. (Hint: Look for the group of 4 days with the lowest requirements.)
The weekly demand of a certain consumable item XYZ at NAS North Island follows Poisson distribution with a mean of 5. The demand at NAS Miramar follows the same distribution with the mean of 6. What is the required stock level at the beginning of the..
Fatigued leading to personnel problems as well.
Should employers be allowed to monitor employees in the workplace? Should distinctions be made based on whether it is monitoring computers
How can the HRM professional be prepared to deal with the variations in HR practices in the global environment.
Marion Pham is a nurse of Vietnamese ancestry. The staff of the ward in which she has worked for many years at the Astral Hospital Center is very culturally diverse. Otherwise, everyone on the ward is helpful and courteous to her and she is frequentl..
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