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The forecasted demand for fudge for the next four months is 140,160,90 and 70 pounds. A) What is the recommended production rate if a level strategy is adopted with no back orders or stockouts? What is the ending inventory for month 4 under this plan? B) What is the level production rate with no ending inventory for month 4?
Evaluate how organizational functions of marketing impact also determine structure of Home Depot. Holding costs of inventory are 24% of purchase price per year. Elucidate how much should be ordered each time to minimize total cost.
In your opinion, who is the best CEO/leader you have heard of or read about? Why?
Explain how would you structure agreements to address your concerns and capture any pros you have identified. Illustrate what governance mechanisms would you design for agreements.
Compare and contrast the continuous review system with the periodic review system. Is the continuous review or periodic review inventory system more likely to result in higher safety stock? Which is likely to require more time and effort to admi..
Each year firm, on a random basis, uses about 2,000 of item X, which costs $25 each. Storage costs, which include insurance also cost of capital, amount to $5 per unit of average inventory. Illustrate what is annual cost for ordering item X.
Briefly explain the four different approaches to social responsibility that an organization can adopt.
Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4000 units and ordering cost = $15 per order. Assume that there are 50 weeks in the work year and 5 working days per week. The lead-time for the product is 2 weeks.
For a customer service operation, elucidate how each of these two approaches could be used to address the complaints which are being received from the customers about the poor customer service.
Explain purposes also key provisions of Rehabilitation Act of 1973 also Americans with Disabilities Act of 1990. Have employee attitudes toward disabled changed as a result of se pieces of federal legislation
Suppose we are ordering computer chips. Suppose that in each order, exactly 10% of all chips are defective. As soon as the order arrives, we ?nd out which chips are defective and return them for a complete refund
Describe the major types of fit that companies should look for in the selection process. Why are they important?
Describe how the components of the Hawthorne study are incorporated in current human resource functions? What was the main idea behind this study?
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