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Henry Crouch's law office has traditionally ordered ink refills 60 units at a time. The firm estimates that carrying cost is 40% of the $10 unit cost and that annual demand is about 240 units per year. The assumptions of the basic EOQ model are thought to apply.
a) For what value of ordering cost would its action be optimal?
b) If the true ordering cost turns out to be much greater than your answer to (a), what is the impact on the firm's ordering policy?
Discuss the effect of the unionization of nurses. Identify factors that will influence whether or not nurses join unions. Discuss the role of unions within the nursing profession. In your opinion, have unions helped or hurt the nursing profession and..
American Capitalism. Is a large discrepancy between executive pay and that of the average worker unfair to the worker? Is it unfair to increase a CEO's compensation at the same time that he or she downsizes
When a verb is written in the passive voice, the following is true:
Identify what techniques you can implement to improve the likelihood that your communications will be received and understood as you intended.
Normally the transportation model is used to solve problems involving several physical sources of product and several physical uses of a product, as in factories and warehouses. How is it possible to use the transportation model where the routes are ..
Research shows that much more money is spent on medical care for the elderly today than 50 years ago. What is the likely reason? Do today’s elderly tend to be sicker and more likely to be disabled than in prior years?
Which of the following statements regarding the action of prosecutors is true?
How could two companies with similar gross profit figures end up with dramatically different net operating income.
A shirt manufacturer buys cloth by the 100 yard roll from a supplier. For setting up a control chart to manage the irregularities (e.g., loose threads and tears) the following data was collected from a sample provided by the supplier. SAMPLE 1 2 3 4 ..
Which element of the VCM model relates to setting the direction for the organization?
What does Mill say is the ultimate sanction of the greatest happiness morality (or utilitarianism)? What is its basis; how did it develop? Also say a bit about how it works. (Approximately 100 words total) from John Stuart Mill's Utilitarianism
Music has had a tremendous impact on society and our "culture" for the past 50 years. Which music genre do you believe has has the greatest impact on our society and the formation of our culture? Why? Provide examples to support your position?
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